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Emphasizing the dedication of the Biodun Oyebanji led administration towards strengthening the financial stability of cooperative societies in the State, the Honourable Commissioner for Trade, Industry, Investment and Cooperatives, Tayo Adeola met with Managers of Cooperative groups across the State.
Hon. Adeola stressed the importance of up-to-date financial literacy and business development skills for the managers which will equip them to manage cooperative groups to which they are attached.
Recognizing the pivotal role played by these societies in economic development, she re-announced the Government’s intention to inject One Billion naira into the Cooperatives sector.
Additionally, she urged the Cooperators to promptly repay their outstanding loans, facilitating broader access to benefits for members of various cooperative societies.
Expressing gratitude on behalf of the invited cooperative societies and managers, Mr. Clement Adewumi, the President of the Mother Union of Cooperative Societies in the State Public Service, commended Governor Oyebanji for his endeavors in revitalizing the trade, industry, and cooperative sectors.
He acknowledged the Governor’s initiatives aimed at improving conditions for cooperators in the state, pledging full support from his union to the Ekiti State Government.