Regis­trar de­cries im­punity in FCT co-op­er­a­tives

Daily Trust - - CITY NEWS - By Saawua Terzungwe

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.

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.