10 February 2013

Nigeria: Tiv Social Cultural Association Sets Up Cooperative Society

A Tiv social cultural association, Swem Karagbe Club said it has registered a multi-purpose cooperative society to promote the economic well-being of the Tiv people and as well boost its economic base.

Speaking during its annual general meeting at the club house in Kurudu area of the federal capital territory, Abuja, at the weekend, its new president, Mr. Samuel Pilakyaa said in order to achieve the club's objective of pooling resources together for investment, the association has over the years operated a local savings scheme known as the 'Bam u Swem Karabge'

He said "However, during the year under review, the club has registered its own multi-purpose cooperative society which is already in operation"

The club president added that it's hoped that the investments outlets and others that are still in the drawing board would improve the economic well- being of its members and as well boost the economic base of the club.

Mr Pilakyaa stated that the club which was registered with the Cooperate Affairs Commission in 1996 with four trustees has contributed in no small measure in its determination to improve the welfare of its members and the promotion of the Tivs social cultural heritage.

Copyright © 2013 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.