FG targets cooperative sector overhaul for jobs and food security
The Federal Government is prioritising reforms in Nigeria’s cooperative sector to boost food security, job creation, and economic growth. Aliyu Abdullahi, Minister of State for Agriculture and Food Security, highlighted the sector’s vital role in national development. He acknowledged longstanding challenges but emphasised the urgency and importance of revitalising cooperatives. The government has introduced a comprehensive reform programme to modernise and strengthen the sector.
What we know
- Aliyu Abdullahi stated that cooperatives are central to food production, rural development, housing, microfinance, and empowerment initiatives.
- The sector faces issues such as weak governance, outdated legal frameworks, underfunding, and limited digital adoption.
- The government has developed the Renewed Hope Cooperative Reform and Revamp Programme to address these challenges.
- The programme focuses on governance reforms, digitalisation, improved access to finance, enterprise development, and stakeholder engagement.
- Aliyu Abdullahi called on stakeholders to work together to adopt reforms that will transform the lives of millions relying on cooperatives.
