Written by Austine ELEMUE

FCDA/FCTA staff urged to monitor cooperatives’ investment

Staff of the Federal Capital Development Authority, FCDA, and Federal Capital Territory Administration, FCTA, Multipurpose Cooperatives Society, have been urged to be vigilant and monitor their investment to know how their resources are being utilized. 

This call was coming on the heels of the wake of controversy trailing the management of the cooperatives over the years. 

Making the call, the Public Relations Officer, Survey and Mapping Department under the FCT Administration, Sir Hippolytus Onah, said though establishment of the cooperatives was done in good fate, but regretted that the cooperative lacks the right leadership. 

He disclosed that the current leadership of the cooperatives has started a poultry farm business, a block industry, including a filling station business. 

Onah, who is aspiring to be president of the cooperatives, called for the repositioning of the cooperative to improve workers' welfare. 

"I have observed that things have not been working very well in the cooperatives for sometimes. It is no longer news that members who apply for withdrawals from their savings, don’t get it as at when due. Sometimes it lasts as much as long as three months to four months, which is frustrating,” Onah stated. 

Furthermore, he stressed that there is need to inject new ideas into the cooperatives leadership, not only to improve the welfare of members, but to place it at par with other cooperative in the country. 

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