Economy

ZD FRCN Ibadan Calls for Prompt Repayment of Cooperative Loans

By Web News 565

Members of Cooperative Societies have been advised to always pay back their loans regularly.

Zonal Director, Federal Radio Corporation of Nigeria, FRCN, Ibadan, Mrs Bolatito Joseph gave the advice at the foundation laying ceremony of the secretariat of Radio Nigeria Ibadan Staff Unity Multi-Purpose Cooperative society at the premises of the Corporation, Dugbe, Ibadan. 

Mrs Joseph said if Cooperators were able to pay back their loans as and when due, it would ensure rapid progress for both members and cooperative Societies. 

She called on cooperators in the Corporation to support the executives of the cooperative society to excel.

Earlier, President of Radio Nigeria Staff Unity Multi-Purpose Cooperative society, Mrs Olutola Daramola said the building project was being financed by members of the cooperative society. 

Mrs Daramola said there were other lofty programmes that would be of great benefits to the members, adding that new members are free to join the society 

The construction of the secretariat of Radio Nigeria Ibadan Staff Unity Multi Purpose cooperative society is expected to be completed in three months.

Olaolu Fawole 

Lifestyle

Utilize your membership of cooperative societies for economic advancement – FRCN ZD

By Web News 687

It was a joyous occasion as members of Radio Nigeria Ibadan Unity Multipurpose Society gathered at Studio One, Broadcasting House, Oba Adebimpe Way, Dugbe in Ibadan to celebrate their first Annual General Meeting, AGM.

Our correspondent reports that the event was an all-white affair.

Addressing members of the society, the Acting Zonal Director, Federal Radio Corporation of Nigeria, FRCN, Ibadan Zonal Station, Mrs. Bolanle Owoyemi said it was high time civil and public servants stopped waiting for their retirement benefits alone but utilize the cooperative societies for their economic advancement.

Mrs. Owoyemi urged them to be prudent in spending by not buying unnecessary things.

President of the society, Mrs Olutola Daramola who could not hide her joy urged the members to continue to allow unity to reign in order to move the society to greater heights.

Highlight of the event was the sharing of dividends and gifts to members of the society.

Lilian Ibomor