Monday, July 15, 2024

Lagos State Government Commences International Cooperatives Day Celebration

Celebration of the Year 2024 International Day of Cooperatives by Lagos State Government

Lagos State Government, in collaboration with Lagos State Cooperatives Federation (LASCOFED), has commenced the celebration of the Year 2024 International Day of Cooperatives with a week-long series of activities. The theme for this year’s celebration is “Cooperatives: Building A Better Future For All.”

At a press conference held at the Ministry in Alausa, Commissioner for Commerce, Cooperatives, Trade & Investment, Mrs. Folashade Ambrose-Medebem, highlighted the importance of cooperatives in fostering prosperity and contributing to economic, social, and environmental sustainability in the state. The administration of Governor Babajide Sanwo-Olu is committed to creating an enabling environment for cooperative practices to thrive and work towards achieving shared goals for the benefit of members and the state.

Throughout the week, various activities will take place, including a visit to an Orphanage/Old People’s Home, Jumat Service at Alausa Secretariat Central Mosque, a Grand Finale event with a lecture, panel discussion, raffle draw, and merit awards, and a Thanksgiving Service at The Chapel of Christ the Light. President of LASCOFED, Oladipo Sobule, emphasized the vital role cooperatives play in the economic development of the state, serving as crucial economic links with the grassroots and contributing significantly to the State’s Gross Domestic Product (GDP).

The celebration of the International Day of Cooperatives serves as a platform to raise awareness and deepen public knowledge on the benefits of cooperatives, showcasing their importance in promoting inclusivity, sustainability, and self-reliance. With the Cooperative Movement becoming more critical in overcoming developmental challenges, the week-long activities aim to highlight the potential of cooperatives in creating wealth, generating jobs, and achieving global prosperity.

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