Cooperative targets wealth creation through technology driven solutions

Chief Executive Officer of Rolad Properties and Allied Services, Oladotun Oloyede

As Nigeria continues to grapple with economic uncertainties, rising inflation, and the growing need for sustainable wealth creation, Opulent Living Multipurpose Cooperative Society Ltd., a community-driven, technology-enabled cooperative, has formally commenced operations with a mission to redefine the cooperative movement through innovation, technology, transparency and professionally managed investment opportunities.

‎The cooperative said it seeks to combine the traditional principles of cooperative enterprise with modern financial solutions to empower members through collective investment, thrift savings, cooperative financing and wealth-building opportunities across real estate, agriculture and financial services.

‎Speaking on the vision behind the establishment of the cooperative, the President of Opulent Living Multipurpose Cooperative Society Ltd. and Chief Executive Officer of Rolad Properties and Allied Services, Oladotun Oloyede, said the initiative was conceived in response to the growing demand for trusted institutions that enable Nigerians to save with confidence, invest wisely and build wealth collectively.

‎He said the cooperative offers a secure, transparent and professionally managed platform that transforms disciplined savings into meaningful investments and lasting prosperity.

‎Oloyede said the society aims to become Africa’s leading technology-driven cooperative by offering secure, high-yield investment schemes in real estate, agriculture and financial services.

‎He noted that the organisation’s operations are anchored on the values of transparency, security, innovation, community and excellence.

‎The Treasurer of the cooperative, Dr. Olufemi Amoo, said the organisation had put in place strong governance structures and transparent operating systems to ensure accountability and safeguard members’ interests.

‎ He added that the cooperative is leveraging technology to facilitate digital onboarding, transaction monitoring, investment management and communication, making participation accessible to Nigerians both at home and in the diaspora.

‎Also speaking, Head, Cooperative and Investment, Simeon Ade-Adesope, said the organisation was committed to democratising access to wealth-building opportunities through structured savings plans, cooperative loan facilities and investments tailored to different financial capacities.

‎He said the cooperative’s flagship offerings include the Opulent Oil Palm Estate at Orile-Ilugun along the Ibadan-Abeokuta Expressway, the Heritage City Buy-Back Scheme in Adesan, Mowe, Ogun State, as well as property co-ownership and Save-to-Own housing schemes designed to expand access to home ownership and long-term investment.

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