• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, July 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Cooperative Sector Mobilises N1.8trn In Savings

by Henry Tyohemba
8 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

The Cooperative Rating and Award Society of Nigeria (CRASON) has announced that the Nigerian cooperative sector has successfully mobilised over N1.8 trillion in savings.

Advertisement

President of CRASON, Victor Oyegoke, made this disclosure while speaking ahead of the 6th Nigerian National Cooperative Awards, Symposium, and Exhibitions 2024 in Abuja yesterday.

The symposium is being organised by the Federal Ministry of Agriculture and Food Security (Federal Department of Cooperatives) in collaboration with CRASON.

Oyegoke said this year’s Nigerian National Cooperative Awards will celebrate those making significant contributions to the cooperative sector, from government ministers to service organisations.

“In Nigeria today, the cooperative sector has mobilised over N1.8 trillion in savings. In terms of loans, more than N1.3 trillion has been disbursed to members. We also have over 400,000 individual members across various cooperatives. These figures demonstrate the immense impact cooperatives are making,” Oyegoke said.

RELATED

NAF Airstrikes Kill ISWAP Commanders, Fighters In Borno

NAF Airstrikes Kill ISWAP Commanders, Fighters In Borno

14 minutes ago
WAFCON: Okonjo-Iweala Hails Falcons’ Victory Against Morocco

WAFCON: Okonjo-Iweala Hails Falcons’ Victory Against Morocco

37 minutes ago

He also pointed out the critical role cooperatives play across various sectors, including housing. “Many cooperatives today have enabled civil servants and even employees of blue-chip companies to access resources and support. It’s clear that cooperatives are contributing significantly to the development of these sectors,” he added.

The awards, symposium, and exhibition, scheduled for this weekend, will feature key personalities who have shown support for cooperatives.

“We have three ministers attending the awards to acknowledge their ministries’ contributions to supporting cooperatives. For example, the Minister of State for Agriculture and Food Security will be recognised as the most outstanding minister of the year for his efforts in reforming the cooperative sector,” Oyegoke said.

He emphasised that the event will be an opportunity for learning, with discussions on the future of cooperatives, including the emerging trend of platform cooperatives that are appealing to younger generations.

“For a long time, cooperatives have been associated with older generations, but we are now focusing on the younger generation and their potential involvement in these evolving platforms,” he added.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

FCMB Partners EStars On Esports Education In Nigerian Schools

Next Post

Stop Airlines From Selling Tickets In Foreign Currencies,Travel Agents Urges NCAA

Henry Tyohemba

Henry Tyohemba

You May Like

NAF Airstrikes Kill ISWAP Commanders, Fighters In Borno
News

NAF Airstrikes Kill ISWAP Commanders, Fighters In Borno

2025/07/28
WAFCON: Okonjo-Iweala Hails Falcons’ Victory Against Morocco
News

WAFCON: Okonjo-Iweala Hails Falcons’ Victory Against Morocco

2025/07/28
No One Would Know If I Separate From My Wife’  – Charly Boy
News

Charly Boy Berates Lagos LG For Renaming Bus Stop After Olamide

2025/07/28
dangote
News

Dangote Says FG’s Policies Have Stabilised Naira-To-Dollar Exchange Rate

2025/07/28
Turkiye-Syria Earthquake: Death Toll Rises To  19,700, UN Intervenes
News

Obasanjo Denies Allocating 501 Hectares River Park Land To Ghanaian Businessman

2025/07/28
News

Propcom+ Engages Stakeholders To Boost Agric Budgeting In Northern Nigeria

2025/07/28
Leadership Conference advertisement

LATEST

NAF Airstrikes Kill ISWAP Commanders, Fighters In Borno

We Never Gave Up Against Morocco, Says Falcons Coach

Team Nigeria’s Athletes Urged To Embrace Local Cuisine At Africa Schools’ Games In Algeria

Nigeria Shines At 2025 African Karate Championship, Praised For Excellence, Hospitality

Taekwondo: Nigeria’s Medal Hopeful Kalu Misses World FISU Games In Germany

Infantino Hails Inauguration Of FIFA Major Africa Office In Rabat

WAFCON: Okonjo-Iweala Hails Falcons’ Victory Against Morocco

Abuja Residents To View WAFCON Trophy As Tinubu Hosts Victorious Falcons Today

Charly Boy Berates Lagos LG For Renaming Bus Stop After Olamide

Dangote Says FG’s Policies Have Stabilised Naira-To-Dollar Exchange Rate

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.