Jonathan to establish first Cooperative University in Nigeria

Jonathan to establish first Cooperative University in Nigeria

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President Goodluck Jonathan has announced plans to establish the
first University of Cooperatives in Nigeria.

The President who played host to members of the Odua Cooperative
Alliance, OCA from the 6 southwestern states in the State House,
Marina, Lagos yesterday said he will send a Federal Government
delegation to Nairobi, Kenya to understudy the University of
Cooperative there with a view to establishing a similar institution in
Nigeria.

President Jonathan was responding to the requests by leader of the
delegation, Asiwaju Adetokunbo Osisanya that the Federal Government
should take a cue from Kenya which already has that institution.

While admitting that he was hearing about the existence of such an
institution in the East African country for the first time, the President
promised to take action on it immediately and situate the university in
the southwest.

President Jonathan stated that he has always believed that Nigeria
needs specialized universities, that is why he is establishing a
Maritime University in Delta state.

“On the issue you raised about a University of Cooperative. I will send
a team to Kenya to go and look at the University there. They need to
look at the courses they offer, the departments and how the entire
institution is structured. Then we will establish our own and it will be
located in the southwest,” the President said.

On the request for the institution of 200 billion naira national
cooperative development fund as provided in the national cooperative
policy of year 2002, the President promised to get the Central Bank of
Nigeria to consider the inclusion of that in its operations.

While promising to look at many other requests made by the group if
Nigerians return him to office on March 28th, on the demand for the
review of cooperative laws, the President told the group to form a
team within itself and recommend specific laws to the Federal
Government.

President Jonathan promised to sit with them, look at their
recommendations and send a draft bill to the National Assembly for
deliberations.

The President who thanked the leader of the delegation for his brilliant
presentation, acknowledged that he had become more enlightened
about how the cooperative movement can contribute to the
advancement of his Transformation Agenda.

“After listening to your well written address which was also
articulately presented, I now appreciate better the role cooperative
movements can play in our transformation agenda. We will cooperate
with you and include your ideas as parts of efforts to move this
country forward,” he said.

Other requests made by the group include grant/ intervention for the
take-off of the national cooperative transportation scheme; reduction
in the collateral to access the Micro, Small and Medium Enterprise
Development Fund; favorable policy framework on the federal
mortgage for housing to enable conventional cooperatives to benefit;
special funding for cooperative movement; creation of full fledged
ministry of cooperative and rural development.

The group leader promised to mobilize over 2 million votes for the
President’s re-election bid out of its 6 million membership strength.