Registrar decries impunity in FCT co-operatives
The Chief Registrar of Co-operative Societies in the Federal Capital Territory (FCT), Hajiya Hassana Muhammed, has said her office is introducing new measures to overhaul the operations of cooperative societies to end impunity and ensure optimum performance.
Speaking at a workshop on ‘Cooperative Management’ organised by her office yesterday, in Abuja, Hajiya Hassana said it became necessary to establish arbitration committee to handle all co-operative disputes in the FCT, re-certify existing ones and monitor them accordingly.
She said there were an avalanche of disputes and challenges in the FCT co-operatives, including misappropriation of funds, corruption and leadership tussles which she described as dangerous for the survival of the societies.
She explained that her office would continue to organise training for participants in order to impart knowledge and eradicate ignorance among participants.
“We are in our match to reposition co-operatives to greater heights in the FCT. The endless arbitration and court cases involving co-operatives is indeed, not only embarrassing and shameful, but also shows the depth of ignorance on co-operative practice, principles and laws,” she said.