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Driving the affairs of a cooperative society is not tea party – Edo Commissioner

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Patrick Iria Uanseru

Cooperative society as a business model, is a “serious business” the commissioner Edo State Ministry of Business Trade and Cooperatives (MBTC), Honorable Patrick Iria Uanseru has charged stakeholders and trustees of cooperative societies in Edo South Senatorial District 

The honorable commissioner who was represented by the Permanent Secretary in the ministry, Mrs.  Bose Igbinobaro, gave the charge in his welcome address during a 2-day Workshop organized by the ministry.

The 2-day workshop, with the theme: ‘Consolidating the gains of Cooperative Societies in Edo State’  was organized in collaboration with the Edo Cooperative Federation and supported by LAPO Microfinance Bank, was held at the John Odigie Oyegun Public Service Academy (JOOPSA) in Benin City.
The Academy is a state-of-the-art training facility that provides high-quality learning and development opportunities for public servants in Edo State.

“It is with great pleasure that I welcome you all to this workshop, and I am confident that you will find the sessions informative and engaging.

“We are committed to working together to achieve our common goals, and I look forward to the fruitful collaboration and interaction that will take place during this event.

“Let us all work together to make Edo State a shining example of progress and development.” said the Honourable Commissioner.

The commissioner reminded the participants that as far as the workshop was concerned, the Edo State government was determined to improve the total well-being of its citizenry.

“May I underscore that one take you
must bear in mind as far as this workshop is concerned, is that Government, I mean the Edo State Government under His Excellency, Mr. Godwin Obaseki, means well for you and remains your formidable partner in progress.

“At this juncture, I am super excited to welcome all of you to this workshop and wish you fruitful engagement and interaction. Together, we shall make Edo Great Again “. Hon. Uanseru said.

On her part, the Director of Cooperatives in the ministry, Mrs. Enoma Efeomo,  during her paper presentation on,
“Cooperative Legal Framework:Bye-laws As An Effective Tool”,  warned participants against cooperative societies investing co-operators’ hard-earned money in Ponzi schemes as the ministry will not hesitate to to wield the big stick should that happen.

She emphasized that bylaws remain the”bible” of every cooperative society, adding that the bylaws are tailored to suit the unique needs of the various cooperatives.

According to Efeomo,  “The ministry gives a guide (By-laws) upon registration of a cooperative, expecting that after a while, such by-laws are amended to suit specific needs of the cooperative society.

She said it was important to clarify that the Ministry of Business Trade and Cooperatives only regulates the activities of registered cooperatives, and does not make decisions regarding the distribution of loans.
“The daily operations of cooperatives are the responsibility of their members and leadership, not the Ministry. Efeomo emphasized.

“Cooperatives not registered with the Ministry of Business Trade and Cooperative are operating illegally as Cap 45 of 1976 applicable to Edo state makes registration of cooperatives mandatory “.Efeomo noted.

On his part, the President of the Edo Cooperative Federation, Mr. Falani Ojo urged  Cooperato to give executives to be responsible and do justice without bias, especially in loan administration, emphasizing that everyone must be given a sense of belonging.

Mr. Joel  Edionwe former Permanent Secretary, MBTC,  while speaking on “Cooperative Governance,  said cooperative business contributes to making a resilient economy and gives members opportunities to harness knowledge.

Dr. Osamede Ugiagbe, speaking on “Cooperative Evolution and Bookkeeping”, opined that, cooperative societies just like any economic entity are required to keep proper and up-to-date records of their business transactions adding that, that the excellent performance of any cooperative society depends largely on proper bookkeeping.

Mrs.  Lillian  Ehigiamusoe led other representatives from the Leave Above Poverty Organization      ( LAPO) to showcase the products of the organization.

On his part, Revd. Aideyan Eghosa  Joseph while speaking on “Cooperative Loan Management” charged participants to avoid sentiments when approving loans so as not to run into problems.

According to him, the character and integrity of applicants should be considered and capable sureties must be provided by the applicants before the release of loan proceeds adding that sureties  be  put in the know how much they are guaranteeing.

The training with over  170 attendees ends tomorrow  and continues in Edo Central and North on the 6th and 7th December,2023 at Irrua Specialist Hospital and Etsako West Local Government Area respectively.

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FG Hits Back at Emir Sanusi’s Economic Reform Remarks: ‘We Don’t Need Your Approval’

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Bola Tinubu and Sanusi Lamido Sanusi

The Federal Government has delivered a sharp rebuttal to Emir Muhammadu Sanusi II’s recent remarks about President Bola Tinubu’s economic reforms, expressing disappointment over his refusal to endorse the government’s actions.

Sanusi, a former Central Bank of Nigeria (CBN) governor, had voiced his hesitation to speak in support of the reforms, stating, “I have decided not to speak about the economy or the reforms, nor to explain anything regarding them. If I explained, it would only help this government, and I don’t want to help this government.” His comments were made at a public event in Lagos, where he also indicated that he would withhold his explanations despite the significant economic impact of the reforms.

In response, Minister of Information and National Orientation, Mohammed Idris, acknowledged that Sanusi’s decision to withhold support for the government’s economic agenda was his personal choice, but expressed frustration at his stance.
“It is rather curious for someone from an institution that champions transparency and integrity to openly admit to withholding the truth due to personal interests,” Idris remarked.
The Minister stressed that while everyone has the right to their opinion, the reforms under President Tinubu were designed to confront deep-rooted economic challenges, requiring bold and transformative actions. These reforms, including the unification of exchange rates and the removal of the fuel subsidy, are vital steps to secure Nigeria’s economic future.
Idris addressed Sanusi’s acknowledgment that the current economic pains were a necessary result of years of mismanagement, stating that these reforms are already showing positive results. “The unification of exchange rates has instilled investor confidence, leading to increased foreign reserves and better protection from external shocks,” he noted.

The government also highlighted the positive outlook for Nigeria’s economy, pointing to World Bank projections showing an upward trend in GDP and improvements in key sectors like infrastructure, education, and healthcare.

While expressing disappointment over Sanusi’s sudden criticism, Idris emphasized that Nigeria’s path to recovery requires unity and collective effort. “It is disheartening that reforms which were previously endorsed by experts like Emir Sanusi are now being subtly undermined,” he said.

Idris urged leaders like the Emir to set aside personal and partisan interests and work towards the greater good of the country. “This is a pivotal time for Nigeria, and what is needed is collaboration, not division,” he concluded.

The Federal Government reiterated that it remains committed to advancing economic reforms and fostering inclusivity, with a focus on long-term growth. The administration remains open to dialogue with all well-meaning stakeholders while steadfastly putting the country’s interests first.

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Ex-REDAN President Warns Developers of Moure Consult Fraud, urges FG Support on Housing

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By Ben Ogbemudia, Abuja

The immediate past President of the Real Estate Developers Association of Nigeria (REDAN), Dr. Aliyu Oroji Wamakko, has sounded an alarm to estate developers nationwide about the fraudulent tendencies of Moure Consult Ltd, under the leadership of its Managing Director, Sadiq Dalhatu Ado.
Speaking in Abuja, Dr. Wamakko revealed a surge in complaints from developers, particularly in the Federal Capital Territory, accusing Moure Consult Ltd of breach of agreements and unfulfilled promises.

According to Wamakko, many victims of the company have lodged formal petitions with relevant agencies, citing dubious financial practices.
He disclosed that in February 2024, Moure Consult Ltd approached various developers with a proposal to secure loan facilities for infrastructure development. The firm touted its expertise and partnerships, luring developers into agreements under false pretenses.
“Developers met all conditions laid out by Moure Consult Ltd with the expectation of receiving funds within 45 working days. But to date, no funds have been disbursed. Instead, developers have been subjected to excuses, missed deadlines, and evasive tactics,” Wamakko said.
The former REDAN president noted that victims were promised that funds, allegedly placed in fixed deposits, would be available by May 30, 2024. However, the deadline passed, and subsequent extensions yielded no results. Instead, developers received vague alternatives, including agricultural proposals and state contracts, which Wamakko described as distractions.
He condemned these actions, calling them a betrayal of trust that tarnishes the real estate industry’s credibility.
Amidst the warning, Wamakko urged the Federal Government to support the private sector in achieving affordable housing through the Ministry of Finance Incorporated (MOFI). He called for deliberate funding under President Bola Tinubu’s Renewed Hope Housing agenda to bridge Nigeria’s housing deficit.
“The government must create avenues for accessible financing that empower reputable developers to deliver affordable housing to Nigerians. It’s time to address the systemic barriers affecting both developers and citizens seeking shelter,” Wamakko emphasized.
This clarion call serves as a dual message: to warn against fraudulent practices and to advocate for proactive government intervention in the real estate sector.

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Neglect of War Veterans, Families Clouds Armed Forces Remembrance Day

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As Nigeria marked the 2025 Armed Forces Remembrance Day, voices of discontent from war veterans, widows, and civil society organizations took center stage, highlighting the neglect faced by those who sacrificed for the nation’s peace and security.
The solemn event, held across various locations, honored fallen heroes, but the lamentations of widows and retired servicemen revealed the systemic failures in supporting these individuals and their families.
At the Tafawa Balewa Square in Lagos, Mrs. Oluwaseyi Iliya, leader of the “Wives of Fallen Heroes” group, expressed disappointment with the Lagos State government. She criticized the lack of meaningful support for military widows, noting that promises made in previous years had not materialized.

“Military widows are suffering. Our husbands died serving this nation, but we’ve been abandoned,” she said. Iliya recounted a 2024 initiative where some widows received foodstuffs and grinding machines, but no further support followed.
Retired Col. Nasiru Salami, a 76-year-old civil war veteran, echoed similar sentiments, recounting his own struggles with unpaid pensions and unfulfilled promises. Speaking on Channels Television, Salami said, “I cannot recommend the Nigerian Army to my children because of how poorly we’ve been treated.”
Salami, who served on the Biafran frontlines during the Civil War, revealed that over 24,000 veterans in Lagos are still awaiting their war bonuses, more than five decades after the conflict ended.
Prominent Nigerians, including Peter Obi, and organizations like the Civil Society Legislative Advocacy Centre (CISLAC), have called for immediate government action. Obi urged the Federal Government to prioritize healthcare, education, and timely payment of benefits for military personnel and their families.
“These measures will inspire greater commitment and reinforce the dedication of our armed forces,” Obi stated on social media.
CISLAC’s Executive Director, Auwal Rafsanjani, called for national recognition of fallen heroes’ families, emphasizing empowerment programs and scholarships for widows and children as essential steps.
Vice President Kashim Shettima, representing President Bola Tinubu at the national parade in Abuja, acknowledged the sacrifices of Nigeria’s military personnel. He urged Nigerians to contribute to the welfare of the families of fallen heroes, while Lagos State Deputy Governor Obafemi Hamzat called for public support to alleviate their hardships.

Despite these appeals, many widows and veterans remain skeptical, viewing these gestures as hollow without tangible action.
As the nation reflects on the sacrifices of its armed forces, the voices of widows and veterans underscore the need for systemic reform. Beyond wreath-laying ceremonies, Nigeria must honor its fallen heroes by ensuring their families are not forgotten and their sacrifices are truly appreciated.
The Armed Forces Remembrance Day, while a solemn occasion, must inspire action to address the plight of those who gave their all for the nation’s peace and security.

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