Datong Badi Musa the President of Independent National Electoral Commission (INEC) Staff Multipurpose Cooperative Society Ltd, Plateau State, set the tone for the 15th Annual General Meeting with a stirring call to action, urging members to prioritize savings amidst economic challenges. Addressing a distinguished audience at the INEC State Office in Jos on Saturday, February 24th, 2024, President Musa expressed gratitude for their presence and emphasized the cooperative’s commitment to unity, collaboration, and mutual support.
He underscored the significance of the occasion, emphasizing the cooperative’s commitment to unity, collaboration, and mutual support. Reflecting on the operating environment, The Cooperative President acknowledged the prevailing peace amidst economic challenges such as rising inflation, which has impacted savings and loan demands. He urged members to prioritize savings, citing the necessity of financial strength and stability for the cooperative and its members.
Despite economic hurdles, Datong Badi highlighted the cooperative’s resilience and success in maintaining a zero-balance account and bolstering investments in federal government bonds. However, he somberly noted the loss of 28 members through retirement or transfer, as well as the passing of two members, Selzing George Audu and Yahaya Abubakar Aliyu.
Datong Badi appealed to management to collaborate with the cooperative in endorsing loan applicants to ensure the prioritization of cooperative loan repayments. He expressed profound appreciation to stakeholders, including the Resident Electoral Commissioner, Associate Professor Oliver Tersoo Agundu, and the management team, for their support and conducive working environment. Special recognition was extended to the external auditors, Y.G. Jugu & Co., and the Executive Committee for their dedication and loyalty.
In a separate remark, Kundu Yagba, representing diaspora members, commended the cooperative’s management for effective communication and transparency, urging continued steadfastness.
Also delivering a goodwill message, Former President Gimba Ishaku lauded the current executive committee’s performance and encouraged increased savings and utilization of cooperative loans to enhance members’ welfare.
In conclusion, the Cooperative President, Datong Badi expressed optimism for the cooperative’s future and called for collective efforts to realize its prosperity. The meeting concluded with goodwill messages and a commitment to the continued success of the INEC Staff Multipurpose Cooperative Society Ltd, Plateau State.
