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Important Cooperative Laws

Lack of cooperative laws in place has made a lot of people to lost faith in cooperative societies. Their dream of quietly enjoying the economy of scale as a result of pulled resources, buying a land or owning a house or even venturing into great businesses is shattered due largely to mismanagement. People are disillusioned and as a result, are ...

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How Cooperative Societies Started In Nigeria

cooperative societies in Nigeria

A lot of questions have been asked about how Cooperative Societies started in Nigeria, and based on my experience of running cooperative societies successfully for many years till date, I wrote this series of articles to share information on it with you, my esteemed visitor. This article will enlighten you on how cooperative societies in Nigeria started. According to the International Cooperative ...

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COOPERATIVE SOCIETY BYE LAWS, PRINCIPLES AND PRACTICES

This article is on cooperative society bye laws, principles and practices, let’s get started. According to The International Cooperative Alliance (I.C.A), a cooperative can be defined as an independent, self-sufficient association of people who come together willingly to meet their economic, social, and cultural needs and desires through a mutually owned and democratically controlled enterprise. As such, it can be ...

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Funds Management in a Cooperative Society

Funds management shows that the difference between the rich and the poor is not so much in the difference in income but in the way the income earned is disbursed. I heard somewhere that if your ‘out-go’ is more than your ‘in-come’, then your ‘up-keep’ will be your ‘down-fall’. Individuals and organizations alike have made this mistake and the result ...

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Get Equipped to do Real Estate Business the Right Way

Real estate has long been regarded as a sound business. Whole selling, Estate Agency and Property development and Management of commercial and residential property are just a few of the ways practitioners can profit from real estate, but it takes a little savvy to become successful in this competitive arena. There are certain characteristics that top real estate practitioners commonly ...

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MODE OF BUSINESS OPERATION AND MANAGEMENT OF COOPERATIVES

With this article I will be sharing information on mode of business operation and management of cooperatives… It is often said that when visited by a cash cow, don’t just take the cash, milk the cow as well! It is not enough to just have a house, you must know how things run in that house otherwise you will not ...

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Benefits of Using Cooperative Society to Build or Purchase Land

The history of cooperative society with real estate as our focus dates back in history when it became renowned and accepted as a group dedicated towards the building up of the society. Before it came to the notice of the public, people do form groups with no knowledge and intentions of making it thrift as we have it today. But ...

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How To Register a Cooperative Society

Understanding how to register a Cooperative Society is a step in the right direction, especially when we consider that a lot of people have lost their life savings and cash by having business dealings with companies or organisations that are not recognized by law. If you are currently doing this, it is at your own detriment because such a company ...

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