OFFICE OF COMMISSIONER, MINISTRY OF COMMERCE AND INDUSTRY, HON. BARR. KINGSLEY ONONUJU (EKWEDASHIKE)

INAUGURATION OF IMO STATE CO-OPERATIVE FINANCING ASSOCIATION LTD;
LAUNCHING OF ITS OWERRI ZONAL OFFICE BY HIS EXCELLENCY GOV HOPE UZODIMMA.

The shared prosperity governor of Imo state, His Excellency Gov. Hope Uzodimma stated equivocally that a good governance can emerge and offer honest, sincere purposeful and compatible governance, this led to the appointment of Barr. Kingsley Ononuju, a consummate leader, who is actively involved in co-operative business and partnership that works.

Hon. Barr. K. Ononuju whom pundits eulogized as step down transformer of shared prosperity Government unbehalf of the Governor of Imo, H.E Hope Uzodimma, inaugurated and commissioned the Imo State Co-operative Financing Association (Imo Cooperative Movement) in Owerri Imo State, with focus on highlighting the contribution of cooperative to combating climate change, a severe challenge to our planet in the 21st century and assisting small scale farmers, women, youth, indigenous people's and ethnic minorites to protect their livelihoods from the severe impact of climate change.

The core objective of the Co-operative Association (Movement) is to increase the awareness on cooperatives, complementing goals and objectives of the United Nations cum international cooperative movement, to underscore the contribution of the movement in resolving problems addressed by United Nations (UN) and to strengthen partnership between the International Co-operative movement.

In a welcome address by Elder Hypolite Uzoka (President, Imo Co-operative Federation) on the celebration of International Cooperative Day with theme "co-operative for climate action" stressed the need for action of climate change over our environment which is in neglect over years. He urged the government for need to take steps and measures at combating it. He continued saying - Imo cooperative Movement is undettered in support of sustainable developmental goals which the shared prosperity agenda of Imo state government portends.

Professor Magnus C. Onuoha, guest lecturer at the event posited that the establishment of the Co-operative Association which is a mustard seed will germinate and grow to serve as a succor to it's teaming corporators.

Hon. Barr. Kingsley Ononuju, in his vote of thanks, commended the ministry of commerce and industry, Heads of Department, Directors of cooperatives,Director Admin & Finance, Elder Hypolite Uzoka (President Interim Management Board of Imo state cooperation federation), Barr. Ndukwe O. Ndukwe (Chairman Board of Directors, Imo State Cooperatives Financing Association Ltd), Dr. Ekenasi, Dr Tony Ken, Mr Prince Odunze who worked tirelessly for the rebirth of the new Co-operative Association which was moribund for over 15 years. He reiterated that shared prosperity government of Imo state whose agenda on Rehabilitation, Reconstruction and Recovery is committed to the establishment of the co-operative association, with hardwork and dedication in our part, soonest it will transform to a cooperative bank.

He noted that his core objective to settle disputes emanating from buisness deals without seeking court redress led to the establishment of "Alternative Dispute Resolution Centre" in the Ministry of Commerce and Industry.

In addition of cushioning and eradication of hunger, Ononuju through his office as Commissioner for Commerce and Industry organized CBN Post Covid 19 Stimulus Package (Post Covid 19 lockdown), a soft loan for buisnesses and cooperators to get back to buisness which will be disbursed to over 4000 applicants with the approval of His Excellency, Gov. Hope Uzodimma through NIRSAL Microfinance Bank.

The event was well attended by various cooperative society, cooperative associations, stakeholders in Cooperative buisness and sea of Cooperators in Imo state.


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....well-done sheeps and shepherds

....well-done sheeps and shepherds...