INVESTMENT AND CREDIT SOCIETY LIMITED
Est. Ibadan, Oyo State
Secretariat: Oluyole
Membership is open to everyone — whether you are in Oluyole or not. Build long-term capital, save with discipline, and borrow against your savings with 100% interest-free credit.
Who we are
Welcome to the official online portal of Oluyole NAPPS Co-op. We are a registered investment and credit society built around private educators and open to everyone, united by financial empowerment, investment co-operation, mutual support, and retirement planning. Members save continuously each month, contribute rotationally each week, and borrow against those savings entirely interest-free.
OLUYOLE NAPPS CO-OP
Investment & Credit Society
5412 8820 1195 2026
Valid thru 09/31
Co-op debit card
PROPRIETOR MEMBER
Institutional framework
To empower private school proprietors in Oluyole Local Government through structured savings, affordable interest-free credit schemes, and diversified investments, fostering institutional growth, financial independence, and academic excellence.
To be the premier cooperative society in Oyo State, renowned for transparency, high member dividend distribution, robust retirement planning, and unparalleled institutional support for private educators.
Our core foundations
Leadership greeting
Comrade Okedeji Abdulia Abiodun is a seasoned educator, school proprietor, and veteran of the co-operative movement in Oyo State. Under his visionary leadership, the Oluyole NAPPS Co-op has successfully integrated modern services, expanded its investment portfolios in real estate and essential consumer commodities, and maintained an unblemished record of prompt dividend payouts and interest-free loan disbursements.
“Under our administration, every private proprietor’s effort is magnified. We save with discipline, invest with extreme transparency, and ensure that when a school owner steps down, they do so into immediate, dignified wealth. Join our digital era.”
Membership returns
Structured, high-yield system for accumulating long-term capital for school expansions and personal goals.
View all benefitsFlexible, community-based rotational and short-term micro-savings to aid instant working capital requirements.
View all benefitsAcquire business capital without the crushing interest rates of standard commercial banks.
View all benefitsPeriodic grants, subsidized educational equipment leasing, and bulk procurement support.
View all benefitsParticipate in secure investments in agricultural commodities, electronics, building materials, and prime real estate.
View all benefitsBuild deep partnerships, school mergers, resource sharing, and professional growth with co-educators.
View all benefitsOur community
Members at the annual general meeting
Proprietors reviewing the co-op ledger
Pupils at a member school in Oluyole
Welfare outreach by the society
Inquiry centre
Membership is open to everyone, whether you are based within Oluyole Local Government or not. You need to pay the one-time registration fee, complete your enrolment profile, and be verified by your assigned unit executive.
Membership starts with a one-time registration fee of ₦5,000, and a minimum monthly savings commitment of ₦10,000. The full schedule approved at the annual general meeting is below.
Registration fee
One-time fee payable on enrolment, before verification by your unit executive.
₦5,000
One-time
Minimum monthly savings
Structured continuous savings, recorded at unit meetings.
₦10,000
Monthly
Minimum weekly contribution
Rotational short-term contribution, recorded at unit meetings.
₦2,000
Weekly
Loan interest
All member credit is completely interest-free.
0%
Maximum credit limit
Members may borrow up to twice their accumulated savings balance.
2×
Sureties required
At least two active members must stand as sureties.
2×
Effective 1 January 2026 · approved at AGM
Loans are completely interest-free. Your Maximum Credit Limit is 2× your savings balance, disbursable over 6 to 12 months. You must provide at least two registered, active cooperative members as sureties. Sureties carry secondary liability for the borrowing, and defaults are handled by the Secretariat recovery department.
Dividends are declared at the annual general meeting and distributed in proportion to each member’s shareholding and savings balance for that financial year.
Yes. A member may withdraw by giving written notice to the secretariat. Savings and shares are refunded after outstanding loan obligations are settled, in line with the society’s bye-laws.
Registration takes a few minutes at the secretariat. Bring your school approval documents and a passport photograph.