ABOUT US

The Federal Department of Cooperatives is established by the Act CAP C27 and supported by Act CAP No. 98, which harmonized the principal law, leaving State to enact regulations as applicable to their jurisdiction. The two enabling laws empower the Department to perform responsibilities, which include;

•  Formulation of policy for the development of cooperatives and integrating same into the national development plans and programmes;
• Coordination of intergovernmental  and interstate cooperative activities;
• Coordination of research into problems of cooperative development in Nigeria;
• Compilation of information and the coordination of publicity on cooperative matters;
• Coordination of cooperative education and training including relations with appropriate educational institutions;
•  Liaison with and representation of cooperatives interest in relevant line MDAs;
• Regulatory duties of registration, supervision, inspection, inquiry, arbitration, amalgamation and dissolution of all national cooperative societies and apexes;
• Coordination of matters relating to all farmer organizations in Nigeria; and
• Promotion of effective participation of cooperatives in the primary sectors of the economy such as agriculture, industry, commerce, finance etc. including cooperative activities involving women, youth and the physically challenged groups.

MANDATE: The Department’s mandate is to promote the effective growth of sustainable member initiated and controlled national cooperative movement that enhances the socio-economic development of Nigeria through job creation, income generation and poverty alleviation.

VISION: The Vision is to promote the development of viable Cooperative Societies that are autonomous, accountable, transparent, democratic and sustainable.

MISSION: The Mission is to fast track cooperative entrepreneurship to generate surpluses, create employment opportunities, raise members income, improve the general welfare of Nigerians and significantly contribute towards the growth of Gross Domestic Product (GDP).By the vision and mission listed above, cooperatives also through the universal principles stand out differently from other business organizations. The universal principles of cooperatives include Voluntary and Open Membership; Democratic Member Control; Member Economic Participation; Autonomy and Independence; Education, Training and Information; and Concern for Community.