Tue. Sep 28th, 2021

International Day of Cooperatives.

The United Nations International Day of Cooperatives is an annual celebration of the cooperatives movement observed on the first Saturday of July each Year.

The day which is marked by cooperatives worldwide since 1923 was officially proclaimed by the United nations General Assembly on the Centenary of the International Cooperatives Alliance in 1995.

The celebration aims at increasing awareness of cooperatives and promoting the movement’s ideas of International Solidarity, Economic efficiency, equality and World Peace.

The theme of this Year’s Cooperatives day “Rebuild better together: is targeted at how to mitigate the Covid-19 crisis with solidarity and resilience of offering Communities a people oriented recovery.

Cooperatives are meant to help members put their resources together and eliminate the impact of the middlemen. Activities to mark the day are messages from International cooperatives Alliances and the UN, translated into local languages Worldwide, distribution of news articles and radio programmes publicizing the contests and campaigns focused on the theme.

Do Cooperatives have any impact on the nation’s economy? The National President Nigeria Famers cooperatives Societies, Chief Uzoma Nwogwugwu and the President, Abia Sate Cooperatives Federation, Sir Lucky Nwaononiwu speak.

Has Government encouraged the growth of Cooperatives in Nigeria? The State Director of Cooperatives, Ministry of Cooperatives, Poverty Reduction and Rural Development, Prince Eze Ethelbert and sir Nwaononiwu react.

As the World marks the International Cooperatives day, there is need for the people to identify with cooperatives for self-reliance and self-help.

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