Federal Govt Targets N200bn Capital Mobilisation For Proposed Cooperative Bank

The federal government has launched a N200 billion share capital mobilisation campaign for the proposed Cooperative Bank of Nigeria, a move aimed at expanding financial inclusion, supporting enterprise development and unlocking investment opportunities for millions of cooperative members across the country.
The initiative, being implemented under the Renewed Hope Cooperative Reform and Revamp Programme (RH-CRRP), was approved at the 8th regular meeting of the national council on cooperative affairs in Kaduna yesterday.
Minister of state for agriculture and food security and supervising minister of cooperative affairs, Aliyu Sabi Abdullahi, disclosed this during the North-West zonal en...