Shippers’ Council charts path to workers’ welfare
For Nigerian employees to meet future financial challenges, the Executive Secretary of the Nigerian Shippers Council (NSC), Hassan Bello, has enjoined workers to embrace co-operative societies as a means of saving for the rainy day.
He disclosed this at the 22nd yearly general meeting of the NSC Staff Multipurpose Cooperative Society Limited.
Bello, who was represented by the Director, Special Duties, Ignatius Nweke, said co-operative societies are used as an effective tool for economic development through intervention in specific market place in the sustainable interest of members.
He enjoined executives of the NSC co-operative society to look at areas of the market where they can invest to ensure return of investment for the benefit of members.
He said: “I urge the executive to continue he good work they have started that has made most member to retain trust in the co-operative society. As cooperators, we are required to operate and abide strictly by the byelaws guiding the society. We are expected to follow the criteria for loan disbursement in order to ensure that the savings of members are well utilized and secured. This will give assurance that the motto of the co-operative society, which is, “Unity Power and Progress,” is achieved.”
Bello stressed that the purpose and objectives of any co-operative society are to amongst other things, provide goods and services, and eliminate the unnecessary profits of middlemen in trade and commerce.
Other objectives he stated are, aim to protect the rights of its members both as producers and customers, seek to prevent the exploitation of the weaker members of the co-operative society and promote mutual understanding and education among members and people in general.
Chairman of the Co-operative Society and Director, Corporate Services, NSC, Balarabe Sumaila, said the NSC management has sanitized the co-operative society to ensure that it is ran professionally.
Sumaila said the purpose of co-operative societies over the world is to ensure that the welfare of its members are taken care of.
According to him, “it is beneficial for staff to set part of their salary aside for the raining day, I have been a member of this organization for over 20 years and everything I have achieved has been through this co-operative society. I acquired the farm I have in Bauchi from the loan I got from the cooperative and every year, I take a loan of N1 million to invest in the farm.”
He commended the management of Shippers’ Council for bringing innovative ideas to run the co-operative society profitably.