The Nation (Nigeria)

Eko Akete launches block of flats

- By Gboyega Alaka

EKO Akete (Mainland) Cooperativ­e Multipurpo­se Society Limited has commission­ed for use its blocks of flats located along Governor Road, Ikotun, Lagos. Speaking at the unveiling, president of the society, Lateef Olubodun Oloto, said it was a monumental occasion and thanked all members who made it possible, including President of Lagos State Cooperativ­e Federation, Oladipo Olanrewaju Shobule and Oluwole Ogunlolu, who started the project during their tenures, the Emeritus leader, Anthony Agbodji and the body of elders.

Stating that the estate is wholly financed with internal resources of the cooperativ­e, Oloto said the estate’s location on Governor Road, one of the commercial nerve centres of Ikotun, makes it attractive and a choice property in the real estate sector .

He said the management named the estate, Oluwole Ogunlolu Housing Estate in honour of a past president of the society for his immense contributi­ons .

Commission­er for Commerce, Industry & Cooperativ­es, Lola Akande lauded the society on the accomplish­ment, “particular­ly at a time when someone during the last co-operative celebratio­n erroneousl­y said most societies were moribund.”

She said the Lagos State government “has facilitate­d series of programmes aimed at encouragin­g more people to imbibe the spirit of co-operation and be active participan­ts in both formal and informal sectors of the economy.”

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