Be Tools For Economic Development, SA Charges Cooperative Societies

Date Posted: November 20, 2017 at 1:05 pm

Cooperative Societies in the State of Osun have been charged to be tools for economic development and wealth creation in the State.  

This charge was given by the Special Adviser on Cooperative Matters, Ministry of Commerce, Industries and Cooperatives, Mr Gbenga Awosode while addressing Cooperative societies at the Zonal meeting held in Ikirun and Osogbo.

In his remarks, Mr. Awosode said the purpose of the meeting was to have an interactive session with stakeholders to address issues affecting cooperative societies and to bridge the gap between the Ministry and the societies.

He stated that the State Government recognises the importance of Cooperative societies and has initiated various empowerment programmes in line with its six-point integral action plan to banish poverty and unemployment in the State.

Awosode explained that in order to benefit from the empowerment programmes, there would be revalidation of certificate of cooperative societies to know those that are functioning and those who are not in the State.

He added, “Cooperative societies that refused to comply with the revalidation exercise would not benefit from government empowerment schemes.

The Special Adviser reassured the societies that the revalidation exercise is not a means to collect tax but as a way of sensitising people to their civic obligations.

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