FUOYE Co-operative unveils Welfare Plans

 

The chairman, FUOYE Staff Co-operative Society, Mr Borisade T. J., has unveiled welfare plans of the cooperative society for its members. The chairman said the Cooperative, in collaboration with the University Health Centre, was building a befitting crèche. This project would be the Coop’s contribution to the welfare of nursing mothers and their babies. He said he was appalled to see infants dumped with unqualified care providers in unhealthy makeshift facilities called day-care centres. According to him, some practices that go on in such centres were far from commendable. In addition, it had become very necessary to provide working mothers with decent facilities for tending their kids and at the same time commit themselves to their work schedules, as many were beginning to find it increasingly difficult to pay the needed attention to both their babies and their work at the same time. The chairman averred that the crèche would be commissioned and ready for use by the end of February this year.

 

These plans were made public while the chairman was speaking with some staff members from Information and Protocol Unit who paid a courtesy call on him at the Ikole campus of the university. Mr Borisade explained that the co-operative society was an autonomous body in the university which had far-reaching welfare plans that could benefit both members and non - members. He however regretted that the activities of the organization had not been receiving enough publicity.

 

Furthermore, he disclosed that the Society had also successfully purchased and allocated over 200 plots of land at Ayegbaju - Ekiti to its senior staff members, and another 100 plots at Imojo - Ekiti to its junior staff members. All these had been fully paid for he said, adding that there was another 100 plots at Oye-Ekiti that had not been allocated. According to him, the traditional ruler of Ikole had assured the Co-operative of his assistance in their bid to acquire some portions of land there, to ensure probity in the land deal. The royal father, Borisade said, had been very forth coming and supportive.

 

In the area of loans, the cooperative was said to have given out over N12million to its interested members with January check-off. The society was looking forward to seeing a period in which its members would obtain an interest - free loan. He further disclosed that they also helped members acquire on credit such household items like electronics, DSTV, gas cylinders and cookers and related properties. Repayment for such items is to be spread for upward of   twelve months.

 

The cooperative even has bigger dreams besides commissioning the crèche this month. The chairman revealed that plans have reached advanced level to invest in a fifty- bedded hostel for the students; a gesture, he said, that would help in boosting the economy of the Co-operative. According to him, the plan is actually to build and operate a 150-room hostel, all self-contained. The essence of these investments is to make the society so viable it can afford to give co-operators 300% of their contributions as loan, interest free.

 

He disclosed that the electoral committee of the society would be nominated at the next general meeting while the constitution would be made available at the same meeting.

 

Finally, he thanked all their members for their support so far and urged them to be patient as the executive was working tirelessly to make sure that it accomplished its promises, and meet up with targets for the benefit of all.

 

-          Chinasa Eze and Barnabas Nwokeke.

 

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