More investment is required in women’s cooperatives for them to attain their full potential and make major contributions to the country’s economic growth.
This was the consensus at a high-level national symposium on women’s cooperatives held in Abuja on Tuesday.
The symposium which brought together experts, policymakers and women in cooperatives was organised by the Cooperatives Financing Agency of Nigeria (CFAN) to celebrate the 2022 global cooperative day.
Speaking at the event, Chair, Nigeria Economic Society (NES), Ummu Jalingo, said adequate investment in women cooperatives will contribute to Nigeria’s development.
Ms Jalingo explained that cooperatives are a global driver of economic growth as they generated $2.98 trillion in annual revenue.
She said at least 12 per cent of people on earth are members of cooperatives. She said cooperatives provide jobs or work opportunities to 10 per cent of the employed population.
She noted that…
