Business
National Cooperative Agency Plans Summit On Employment Generation
The National Coopera
tive Financing Agency of Nigeria (CFAN) will hold its second National Summit and Annual General Meeting from August 30 to August 31, its Executive Secretary, Mr Emmanuel Atama, has said.
Atama told newsmen that the summit has as its theme,“ Employment Generation: The Imperatives of Human Capital Development and Growth of SMEs in Nigeria.”
He said that the theme was chosen to compliment government efforts at providing inclusive growth and development for the people.
The executive secretary recalled that the previous summit held in Asaba had focussed on poverty eradication.
He said the organisation was set up to create enabling environment for cooperatives to participate in the process of inclusive growth and development.
“We have started looking at the various indicators and as I am talking to you now we have already put some machineries in place.
“We have collaborated with MTN and a computer warehouse group to provide the unified cooperative platform software that will provide operational facilities for cooperatives.
“This will allow them to do their transactions in a technology driven manner in line with global best practice.
“It will help us solve the problem of data and information management in cooperatives, promote accountability and also ensure we get information from anywhere in the world.”
Atama said the body was also relating with PENCOM to ensure that members have a pension scheme to fall back on when they retire.
“We are also relating with our sister organisation, the National Cooperative Insurance Society of Nigeria which have a relationship with NHIS to help our members benefit from community health insurance.
“The same thing applies to the National Housing Fund. We are relating with the CBN to ensure greater access to finance for our people through the MSME development fund.
“So, in all this that we are doing, we believe that if it is properly harnessed, it will lead to employment generation.
“It will dislodge the urge for people to get white collar jobs,” Atama said.
“What we want to do is to organise the people to make sure that they also feel happy and are proud of what they are doing.
“We have also approached the organised labour which is the Nigeria Labour Congress to work with us to make a difference in our country,” he added.
The CFAN is the apex body for cooperatives in the country which was established to provide credit facilities for members nationwide.
It receives funding through the regular annual contributions of every cooperative member in Nigeria.
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