Jonathan promises to establish 1st cooperative varsity in South-West

President Goodluck Jonathan has promised that his administration would immediately begin the process of establishing the nation’s first University of Co-operatives that will be established in one of the states in the South West.

Jonathan made the promise while granting audience to members of the Oodua Cooperative Alliance from the six South Western states in the State House, Marina, Lagos.

The President further promised to dispatch a Federal Government delegation to Nairobi, Kenya in order to understudy a similar university established there.

The leader of the delegation, Asiwaju Adetokunbo Osisanya, had earlier asked the government to take a cue from Kenya which already has such university.

The President said he had always been of the opinion that Nigeria needs specialised universities.

He explained that that was why he is establishing a Maritime University in Delta State.

He said, “On the issue you raised about a University of Cooperative, I will send a team to Kenya to go and look at the University there.

“They need to look at the courses they offer, the departments and how the entire institution is structured. Then we will establish our own and it will be located in the South West.”

On the request for the institution of N200bn National Cooperative Development Fund provided in the 2002 National Cooperative Policy, Jonathan promised to ask the Central Bank of Nigeria to consider the inclusion of that in its operations.