FORM COOPERATIVES TO BECOME INDEPENDENT, SELF-RELIANT – LAGOS GOVT
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By Aishat Momoh. O.
Nigerian youths have been told they could be independent and self-employed through creativity, alongside passion, using a cooperative model of self-help, responsibility, equity, and solidarity to succeed in society.
This charge came from Mr. Adeniyi Omolola, Deputy Director of Cooperatives in the Lagos State Ministry of Commerce, Cooperatives, Industries, Trade and Investment in his remarks at the Lagos State Cooperative College student Week Seminar themed; “The Power of Cooperatives in Unlocking Youth Potential For Economic Growth, And Sustainable Development”, held at the College Campus in Agege, Lagos.
According to Omolola, a Cooperative society is a group of people who come together to achieve a common economic, social or cultural goal through joint ownership and democratic controlled enterprise.
“With this principle, a group of like-minded youths coming together to form a cooperative society automatically empowers itself as societies provide a platform for growth economically and socially through the numerical strength of members with available needed resources.
“With the society, members can collaborate through networking, leverage on members’ finances to draw loans with little interest that are business-friendly, access to expert ideas from members, mentorship from successful business stories of other members, as well as market produce to one another using the platform.”
He said the youth are the people with the energy and innovation in every society. Hence, they should creatively deploy these to solve unemployment and underemployment rather than trapping themselves in the labour market of unemployment.
In his contribution, Engr. Ibrahim Olalekan, Chairman, Lagos State Chapter of the National Council of Nigerian Youths, called on his fellow youth to always ensure that they add value to whatever they do and everywhere they find themselves, which would make them distinct and relevant.
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