By Mosope Kehinde

Oyo State House of Assembly, OYHA, has engaged cooperative societies in a stakeholders’ consultative meeting to form an action plan for enhanced productivity of the societies in the state.

The meeting was organized by the House Committee on Commerce and Cooperatives to gather inputs from stakeholders towards an action plan for government’s interventions was a fallout of a motion earlier presented by the majority leader, Mr Sanjo Adedoyin towards repositioning cooperative societies.

In an address, Commissioner for Trade, Investment, Industry and Commerce, Mr Demola Ojo disclosed that the present administration was working towards organizing a cooperative summit that would usher in government’s investment in the societies.

Mr Ojo said the government is presently capturing cooperative societies in the state and will leverage on the numbers of cooperative societies to further impact the lives of residents.

He explained that the government will be involved in the training, promotion and sustenance of cooperative societies, especially for traders and artisans.

Also speaking, the majority leader of the House, Mr Sanjo Adedoyin urged political officeholders and individuals to consider using trade and artisans’ cooperative societies to drive their empowerment programmes.

Some of the stakeholders including the president, Oyo State Cooperative Federation, Mr Adegoke Olusegun and the provost, Federal College of Cooperatives, Dr Sunday Oyeleye advocated yearly government intervention funds and grants, strong cooperative financial institutional practices and review of by-laws, to protect both borrowers and guarantors.

Earlier in a welcome address, chairman, OYHA Committee on Commerce and Cooperatives, Mr Rasak Mabaje expressed confidence that the consultative forum would birth meaningful impact on artisans, traders, farmers and their immediate communities.

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