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FGSCAA — Festac Grammar School Class of 1998 Alumni Association
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General Meeting

June 2026 Virtual Annual General Meeting

Trustee Governance, Executive Handover and Institutional Transition

  • Annual General Meeting
  • Governance
  • Virtual
  • Past Event
Date
Platform
Google Meet
Format
Virtual AGM
Host
Group F

Proceedings · WAT

  1. Scheduled
  2. Called to order
  3. Closed

Held virtually on Google Meet after unforeseen contingencies prevented the planned physical gathering.

The June 2026 Virtual Annual General Meeting marked the second major stage of FGSCAA’s 2026 governance transition.

Originally intended to be held physically, the meeting was moved online due to unforeseen contingencies. Members joined via Google Meet to address constitutional matters, trustee governance, the handover to the newly elected Executive Committee, and preparations for the Association’s 10th Anniversary and swearing-in ceremony.

The meeting built directly on the constitutional work completed at the April 25 General Meeting and helped clarify the Association’s governance structure ahead of the new Executive Committee’s formal assumption of office from July 2026.

Format

Why the Meeting Was Virtual

The June meeting had originally been planned as a physical gathering and was also expected to serve as the inaugural coronation / swearing-in occasion for the newly elected Executive Committee.

Due to unforeseen contingencies, the physical gathering could not proceed as planned and the Annual General Meeting was instead held virtually via Google Meet.

The formal swearing-in ceremony was subsequently rescheduled to take place alongside FGSCAA’s 10th Anniversary celebrations.

Order of business

Meeting Agenda

  1. 01
    Call to Order
    • – Chairman opens meeting
    • – Quorum verification
  2. 02
    Minutes of Last Meeting
    • – Reading and adoption
  3. 03
    Chairman’s Address
    • – Welcome to members
    • – Explanation of virtual format
    • – Overview of meeting business
  4. 04
    Constitutional Matters
    • – Report on ratified Constitution from April 25
    • – Member confirmation of amendments/corrections
  5. 05
    Trustee Updates
    • – Report on inactive Trustees
    • – Status of resignation requests
    • – Return of active Trustee
    • – Notification of Trustee Inactivity Policy
  6. 06
    Executive Committee Handover
    • – Presentation of Certificates of Return
    • – Administrative transfer of documents
    • – Brief remarks by incoming President
  7. 07
    Trustee Status
    • – Confirmation of current Trustee position
  8. 08
    Any Other Business
    • – Member questions
    • – Investment matters
  9. 09
    Announcements
    • – 10th Anniversary and swearing-in ceremony
  10. 10
    Closing
    • – Motion for adjournment
    • – Closing prayer

Confirmation of the April Constitution

Constitutional Matters

The Chairman confirmed that the amended Constitution had been ratified at the General Meeting of 25 April 2026 following the failed March election and the need to restore constitutional governance.

The meeting revisited the key governance provisions already adopted in April, including:

  • Elected Executive offices under the revised framework
  • Unopposed candidacy by acclamation
  • Acting President succession mechanism
  • Emergency election procedures
  • Monetised attendance penalties
  • Non-voting Trustee participation in the Board structure
  • Trustee tenure and review provisions

The April 2026 General Meeting remains the primary constitutional ratification event. The June AGM confirmed and revisited those provisions; it did not re-ratify the Constitution.

Board of Trustees

Trustee Governance Review

A major part of the June AGM focused on resolving longstanding ambiguity in the Association’s trustee structure.

The Chairman reported on an emergency Board of Trustees session held on 15 June 2026, which examined the difference between Trustees formally named on the Corporate Affairs Commission registration certificate and other persons who had been serving in trustee roles without appearing on that certificate.

The resulting Board Resolution was circulated to members on 16 June 2026 for review ahead of the Annual General Meeting.

  1. Emergency Board of Trustees session
  2. Board Resolution circulated to members
  3. Considered and ratified at the Virtual AGM

Issues Considered

  • Inactive Trustees
  • Resignation requests
  • Continuing Trustee participation
  • CAC registration alignment
  • Trustee continuity and accountability
  • Formal Inactivity Policy

Ratified 27 June 2026

Article VII and Trustee Inactivity Policy Ratified

The General Meeting formally ratified two governance measures intended to strengthen the Board of Trustees and create a clearer framework for continued participation and accountability.

  1. 01The amendment to Article VII of the Constitution, restructuring the Board of Trustees around persons formally reflected on the CAC registration certificate, with continuous service subject to periodic review and removal under the approved inactivity framework.
  2. 02The Board Policy on Trustee Inactivity, establishing a formal process for addressing prolonged non-participation by Trustees.

Both measures took effect from 1 July 2026.

Governance Outcome

Effective
1 July 2026
Ratification moved by
Temitayo Orebela
Seconded by
Oluwagbemiga A. Oladiran

Leadership transition

Executive Committee Handover

The June AGM also marked the administrative transition from the Board-led interim governance period to the newly elected Executive Committee.

The Chairman formally welcomed the newly elected officers and presented Certificates of Return, which were also shared through the Association’s internal member platform.

The incoming Executive Committee was to receive the Association’s working documents, administrative records and relevant platform access to enable it to manage the affairs of FGSCAA for the next two years.

  1. April 2026Election completion
  2. June 2026Certificates of Return and administrative handover
  3. July 2026New Executive Committee term begins

Administrative Transition

Document Handover

Working documents to be transferred to the new Executive Committee.

Status: Planned at AGM

Digital Administration

New officers to be added as administrators on relevant Association platforms.

Status: Planned at AGM

Financial Records

Thrift contribution records and related financial documentation to be handed over.

Status: Planned at AGM

Banking Transition

New Executive Committee accounts were being processed with Premium Trust Bank and Globus Bank, subject to completion of outstanding documentation.

Status: In progress at the time of the AGM

Incoming President’s Remarks

The incoming President, Oluwagbemiga A. Oladiran, addressed the meeting on the importance of collaboration and cooperation between the membership, the Executive Committee and the Board of Trustees.

He expressed appreciation for the support received during the transition and encouraged members to work collectively in advancing the Association.

Any other business

Other Matters Discussed

Appreciation of Committee Members

The Board acknowledged and thanked members who served on committees during the Board-led administrative period.

Support for the New Executive Committee

Members were encouraged to support the incoming officers and help create the conditions necessary for a successful tenure.

Investment Plans

The meeting received an update on the Association’s investment initiative. A proposed land arrangement had encountered setbacks, and further work was to continue under the incoming Executive Committee.

Announcements

Looking Ahead to the 10th Anniversary

At the June 27, 2026 Virtual Annual General Meeting, the Chairman announced that the formal swearing-in ceremony of the newly elected Executive Committee would be held alongside FGSCAA’s 10th Anniversary celebrations on 29 August 2026.

That was the planned date at the time of the AGM. The event was subsequently rescheduled and ultimately took place on 26 September 2026.

The incoming Executive Committee was expected to lead the planning process, with participation from the relevant Homecoming hosting groups in line with the Association’s group rotation structure.

Historical Note

Initial date announced at June AGM
Actual event date
View the 10th Anniversary & Swearing-In Story

Meeting Close

Motion for adjournment moved by
Ayodele Ogunniyi
Seconded by
Jennifer Emmanuel
Meeting closed
5:58 PM
Closing prayer
Temitayo Orebela

The meeting was adjourned to the next scheduled Association gathering.