The Oyo State Government has joined the Federal Government and other stakeholders in advancing the digital transformation and reform of Nigeria’s cooperative sector, with the State represented at the National Technical Workshop on Cooperative Sector Digitalization and the MoU Signing Ceremony in Abuja.

The two-day workshop, holding on Tuesday, August 11 and Wednesday, August 12, 2026, at Ladi Kwali Acacia Hall, Abuja Continental Hotel, Abuja, is being organised under the Federal Government’s Renewed Hope Cooperative Reform and Revamp Programme (RH-CRRP 2025–2030).

Oyo State’s delegation is led by the Director of Cooperatives in the Ministry of Investment, Trade, Cooperatives and Industry, Mr. Idowu Olawoyin, who is representing the Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu.

The workshop is focused on the implementation of the National Cooperative Smart Registry (NCSR), Cooperative Verification Number (CVN) and Cooperative Member Identification Number (CoopID), aimed at establishing a more credible, transparent and digitally enabled cooperative ecosystem across Nigeria.

Declaring the workshop open, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Senator Dr. Aliyu Sabi Abdullahi, said the digitalisation of the cooperative sector was central to the Federal Government’s efforts to reposition cooperatives as major instruments for economic development, food security, financial inclusion, enterprise development and wealth creation.

Abdullahi said the Renewed Hope Cooperative Reform and Revamp Programme was designed to transform cooperatives from predominantly analogue structures into modern, digitally enabled, transparent, productive and investment-ready institutions.

He explained that the National Cooperative Digital Architecture would provide the foundation for reliable data and improved identification within the cooperative sector through the National Cooperative Smart Registry, Cooperative Verification Number and Cooperative Member Identification Number.

According to the Minister, credible and verifiable data would enable the Government to better understand the cooperative landscape, strengthen regulation, improve planning and facilitate cooperatives’ access to finance, markets and Government interventions.

He stressed that the digitalisation initiative was not merely about technology, but about building a stronger institutional foundation for cooperatives to contribute meaningfully to Nigeria’s economic transformation.

Abdullahi noted that cooperatives had historically played significant roles in Nigeria’s agricultural and economic development, stressing that the Federal Government was determined to restore and strengthen that role under the Renewed Hope Agenda.

He commended the administration of President Bola Ahmed Tinubu for its commitment to repositioning the cooperative sector as a strategic instrument for economic growth, food security, job creation, financial inclusion and poverty reduction, noting that the reform programme reflected the administration’s determination to build a more productive, inclusive and digitally driven economy.

He further emphasised the importance of collaboration among the Federal Government, State Governments, cooperative federations, cooperative societies, development partners, financial institutions and other stakeholders in ensuring the success and sustainability of the reform programme.

The Minister also reiterated the Federal Government’s commitment to improving access to affordable finance for cooperatives, including the proposed Cooperative Bank of Nigeria, while strengthening governance, accountability, capacity development and value-chain participation within the sector.

He urged stakeholders to embrace the digital transformation programme and work collectively to ensure that the reform produces measurable benefits for cooperative members, farmers, entrepreneurs, women, youths and other Nigerians who depend on cooperative institutions for economic empowerment.

The Federal Government had earlier inaugurated a National Steering Committee for the RH-CRRP to coordinate implementation of the programme across the Country. The committee is also expected to facilitate collaboration between Federal and State Governments and support the establishment of State Cooperative Implementation Committees.

For Oyo State, participation in the workshop provides an opportunity to strengthen its cooperation with the Federal Government on cooperative development and to align the State’s cooperative data and systems with the emerging national digital framework.

The development is particularly significant as the Oyo State Government continues to pursue initiatives aimed at improving data management, strengthening economic planning and enhancing access to government support for cooperatives and other organised economic groups across the State.

The development also aligns with the proactive position of the Oyo State Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, who has consistently advocated for stronger institutional systems, improved data management and modern approaches to strengthening the Department of Cooperatives. His emphasis on accurate data, effective coordination and improved service delivery is particularly relevant to the emerging national cooperative digitalisation framework, which seeks to provide credible and verifiable information on cooperative societies and their members.

The Commissioner’s position reflects Oyo State Government’s readiness to embrace reforms capable of making cooperative societies more organised, accessible to Government interventions and better positioned to contribute to inclusive economic development. The State’s participation in the Abuja workshop therefore underscores its commitment to aligning its cooperative development efforts with emerging national standards and opportunities.

Through its participation, the Oyo State Government is expected to gain further insight into the technical requirements and implementation framework for the NCSR, CVN and CoopID, while exploring opportunities for effective integration of the State’s cooperative records into the national system.

The State Government, under the leadership of Governor Seyi Makinde, remains committed to strengthening the cooperative movement as a platform for inclusive economic development, enterprise growth, employment creation and improved livelihoods for the people of Oyo State.

The Oyo State Government has pledged its support and partnership with the Women Chamber of Commerce, Industry, Mines and Agriculture (WCCIMA), South-West, to strengthen women-owned enterprises and accelerate economic development through finance, technology and innovation.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, made the commitment on Wednesday, August 19, 2026, while inaugurating the WCCIMA South-West Executive at the ODU’ACCIMA Hall, Cocoa House, Dugbe, Ibadan.

The inauguration, themed “Driving Women’s Enterprise Through Finance, Technology and Innovation,” saw Deaconess Titilayo Cynthia Saka inaugurated as the South-West Coordinator, alongside the unveiling of the new executive team.

WCCIMA South-West covers the six South-West States of Oyo, Osun, Ogun, Ondo, Ekiti and Lagos, with a mandate to strengthen women’s participation in commerce, industry, agriculture and enterprise development across the region.

Representing the Oyo State Government, Professor Adelabu congratulated Deaconess Cynthia Saka and the newly inaugurated executives, describing finance, technology and innovation as the three critical engines capable of transforming women-owned businesses and strengthening the economy.

He noted that every individual had the potential to become an entrepreneur, stressing that Nigerians possessed talents and skills capable of producing goods and services that could compete favourably with imported products.

The Commissioner urged women entrepreneurs to embrace innovation, technology, branding and improved packaging, noting that these were essential for transforming businesses, increasing competitiveness and accessing wider local and international markets.

According to him, the Federal Government’s Renewed Hope initiative and its economic growth agenda require effective collaboration with State Governments and stakeholders, stressing that Oyo State was ready to work with WCCIMA to ensure that women entrepreneurs in the South-West were not left behind.

He said: “I think we have a lot of things to do together. On behalf of the Oyo State Government, there should be strong synergy. The Federal Ministry of Industry, Trade and Investment does not have operational fields; they rely on the 36 States. So, whoever refuses to key into the programme will be left out.”

Professor Adelabu further emphasised the importance of Small and Medium Enterprises (SMEs) to Nigeria’s economic development, urging WCCIMA to help more women move beyond survival businesses to sustainable and growth-oriented enterprises.

He assured the organisation that the Oyo State Government was willing to collaborate with it beyond the inauguration, noting that the three pillars of finance, technology and innovation could provide practical solutions to challenges confronting women-owned businesses.

Speaking at the event, the President of ODU’ACCIMA, Alhaji Wasiu Olaleye, described the inauguration as more than the assumption of office by an individual, but the beginning of a platform for action, collaboration and economic transformation for women entrepreneurs across the South-West.

He identified access to affordable finance, appropriate technology and innovation as major factors affecting the growth of women-owned businesses.

Olaleye called for stronger partnerships among Government agencies, financial institutions, investors, development partners and the private sector to provide women entrepreneurs with finance, skills, technology, markets and mentorship.

The Guest Speaker, Richmond Ogigai, Co-founder and Chief Executive Officer of WALLX Africa, provided insights into how technology and digital solutions could transform women-owned businesses.

Ogigai highlighted the importance of technology in improving business operations, strengthening brands, reaching wider markets and competing effectively in the digital economy. He also presented opportunities for WCCIMA members to leverage technology-driven solutions, networking and capacity-building initiatives.

He noted that WALLX Africa’s experience in working with business communities and enterprise groups could provide a useful platform for WCCIMA members to access digital tools, business support, connections and other technology-enabled opportunities that could enhance productivity and growth.

Also speaking, Dr. Ifenaike Sakirat Aderonke, a university lecturer in the Department of Educational Management, Faculty of Education, Lagos State University (LASU), addressed participants on women, enterprise and finance. She highlighted the significant role women play in entrepreneurship and economic development, while encouraging them to strengthen their financial knowledge in areas such as business planning, savings, investment, budgeting and prudent management of business resources.

She stressed that financial knowledge would enable women entrepreneurs to make informed decisions, manage available resources effectively and build businesses capable of attracting and sustaining investment.

Dr. Folasade Olukemi Oke, in her presentation on innovation, encouraged women entrepreneurs to embrace new ideas, improve their products and services and adopt innovative approaches to business development.

She noted that continuous innovation was necessary for businesses to remain relevant, competitive and sustainable in a rapidly changing economic environment.

A major highlight of the ceremony was the formal inauguration of the WCCIMA South-West executives, during which Professor Adelabu adorned the executives with their official collars.

In a reciprocal gesture, Deaconess Cynthia Saka presented Professor Adelabu with a WCCIMA Patron’s badge and a gift on behalf of the organisation in appreciation of his support and presence at the ceremony.

The event brought together leaders and members of the organised private sector, representatives of Chambers of Commerce, women entrepreneurs, development partners and other stakeholders.

The Oyo State Government’s participation reaffirmed its commitment to strengthening strategic partnerships that will enable women-led businesses to access finance and markets, adopt technology, innovate, create employment and contribute more significantly to the economic development of the State and the nation.

The management and staff of the Oyo State Ministry of Investment, Trade, Cooperatives and Industry have presented a commemorative banner to the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, in recognition of his leadership and commitment to advancing the mandate of the Ministry.

The presentation, which took place at the Commissioner’s office, was led by the Permanent Secretary of the Ministry, Mr. Olajide Mamud Okesade, and attended by directors and other members of the management and staff.

The banner, presented on behalf of the Ministry, conveyed the staff’s goodwill and commitment to supporting the Commissioner’s leadership. It described his assumption of office as the beginning of a new chapter of innovation, collaboration and transformative economic development, while expressing confidence in the Ministry’s ability to achieve greater milestones under his leadership.

Responding to the gesture, the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, appreciated the management and staff for the thoughtful presentation and expressed his readiness to work collaboratively with them towards achieving the mandate and objectives of the Ministry.

Professor Adelabu emphasised the importance of teamwork, professionalism, innovation and effective service delivery, noting that the progress and success of the Ministry would depend on the collective commitment and dedication of all its personnel.

He further expressed confidence that, with the cooperation and support of the management and staff, the Ministry would continue to contribute meaningfully to the economic growth, investment development and prosperity of Oyo State.

Speaking on the occasion, the Permanent Secretary, Mr. Olajide Mamud Okesade, said that although the Honourable Commissioner had been with the Ministry for some time, he was particularly pleased that the banner was being presented at this point.

Mr. Okesade noted that the words inscribed on the banner aptly reflected who Professor Adelabu is, considering the relatively short period he had spent in the Ministry and the leadership qualities he had demonstrated.

He explained that the themes of innovation, collaboration and transformative economic development contained in the message were a fitting reflection of the Commissioner’s approach to leadership and his engagement with the Ministry.

The Permanent Secretary assured the Commissioner of the continued cooperation, dedication and professional support of the management and staff in the discharge of the Ministry’s responsibilities.

He noted that the Ministry remained committed to advancing the economic development agenda of the Oyo State Government through effective policies, investment promotion, trade development, cooperative growth and industrial advancement.

The occasion underscored the shared commitment of the political and administrative leadership of the Ministry to strengthening collaboration and delivering on the economic development priorities of the Oyo State Government.

The Oyo State Government has monitored the 11th referendum among the 12 recognised traders’ clusters in the State, with members of the Ibadan Joint Traders Association unanimously electing Alhaji Dauda Abiodun Oladepo to represent the association on the Market Leaders’ Council for a two-year tenure.

The referendum, held in Ibadan, was monitored by officials of the Oyo State Ministry of Investment, Trade, Cooperatives and Industry, who represented the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, and the Permanent Secretary of the Ministry, Mr. Olajide Mamud Okesade.

Leading the Ministry’s delegation, the Deputy Director of Trade, Mr. Olayinka Raimi, said the referendum was part of the State Government’s ongoing process for the reinstatement and activation of the Market Leaders’ Council through a transparent, inclusive and democratic process.

Raimi explained that the exercise was designed to enable recognised traders’ clusters and associations to democratically select representatives who would constitute the Market Leaders’ Council, thereby providing a structured platform for effective engagement between the Government and the organised trading community.

He noted that the Ministry’s participation in the referendum was to ensure that the exercise was conducted in accordance with the stipulated guidelines, while promoting fairness, inclusiveness and credibility in the emergence of representatives.

Also speaking, the Assistant Director of Trade, Mr. Olawale Olanrewaju, explained that the Ministry agreed to attend the referendum following a letter from the association informing the Government that its members had resolved their differences and had become united.

Olanrewaju stated that the purpose of the referendum was to provide members with the opportunity to democratically choose their representative on the Market Leaders’ Council, adding that the Government delegates presence is to supervised the election which produced the representative of the association.

He disclosed that the Ibadan Joint Traders Association became the 11th association among the 12 recognised traders’ clusters to conduct its referendum, while the remaining association was yet to resolve its internal differences and, consequently, had not been able to conduct its referendum or invite the Government to monitor the exercise.

The Assistant Director stressed the importance of unity among traders, noting that the Market Leaders’ Council remained a significant platform through which the Government could effectively engage the trading community and ensure that Government programmes, opportunities and other benefits intended for traders reached them through a united and organised structure.

He urged the members to sustain the unity achieved and work together towards the growth of their businesses and the development of the State’s commercial sector.

In his remarks, Alhaji Dauda Abiodun Oladepo appreciated the Oyo State Government for its intervention and for sending officials of the Ministry to monitor the referendum. He also thanked members of the association for their participation and peaceful conduct throughout the exercise.

Oladepo, who acknowledged the presence of Alhaja Iswat Abiola Ameringun, also known as Chief Mrs. Oyinlola Iswat Abiola Ameringun, a prominent market leader and member of the association, said the association had resolved that there would no longer be a system of life presidency in its leadership structure.

He explained that henceforth, whoever was elected or installed as president of the association would serve for a defined tenure and vacate the office at the expiration of the approved term, rather than operating the former system of life presidency.

He further appealed to the Ministry of Investment, Trade, Cooperatives and Industry to continue its intervention towards resolving the outstanding differences among members, noting that the unity achieved so far was important for the progress of the association and the effective participation of its members in Government programmes.

The referendum, which represents the 11th exercise conducted among the 12 recognised traders’ clusters in Oyo State, culminated in the unanimous selection of Alhaji Dauda Abiodun Oladepo by members drawn from 11 Local Government Areas across Ibadan to represent the association on the Market Leaders’ Council for a period of two years.

The development marks another significant step towards the reconstitution of the Market Leaders’ Council and the strengthening of collaboration between the Oyo State Government and the organised trading community for sustainable commercial growth and economic development across the State.

The Oyo State Government has reaffirmed its unwavering commitment to strengthening cooperative societies as critical drivers of economic development, financial inclusion, job creation and poverty reduction, while calling for a stronger data-driven partnership to enhance the sector’s contribution to the economy.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, gave the assurance while representing the Oyo State Government at the 2026 Standard Administrative Meetings and Component Annual General Meetings (AGMs) of the Odua Cooperative Conglomerate (OCC) held at its Central Headquarters, Obisesan Hall, Dugbe, Ibadan.

The AGM brought together cooperative leaders and delegates from across the South-West to deliberate on statutory matters, including the review of consolidated financial performance, governance issues, board transitions, socio-economic interventions and strategies for strengthening the cooperative movement in the region.

Professor Adelabu said Governor ‘Seyi Makinde’s administration accords high priority to cooperative development, noting that the Ministry of Investment, Trade, Cooperatives and Industry reflects the Government’s recognition of the sector as a key pillar of sustainable economic growth.

He described cooperative societies as traditional financial intermediaries that mobilise savings, provide access to credit, promote entrepreneurship, create employment, support food security, enhance financial inclusion, facilitate housing development and contribute significantly to wealth creation and poverty reduction.

The Commissioner observed that Government alone cannot provide employment for all graduates, stressing that vibrant cooperative societies remain indispensable in empowering citizens to establish businesses and contribute meaningfully to the State’s Gross Domestic Product (GDP).

Speaking on the request for Government support, Professor Adelabu said future interventions must be driven by reliable statistics. He therefore urged the leadership of the cooperative movement to provide comprehensive data on the sector’s economic contributions across the South-West, noting that such evidence would strengthen policy decisions, facilitate engagement with Governor Seyi Makinde and other Governors, and attract greater Government support.

He reiterated that the present administration remains committed to evidence-based governance and assured the gathering of the Ministry’s readiness to collaborate with cooperative stakeholders through sustained engagement and strategic partnerships to advance the sector.

The Commissioner also disclosed that he recently attended the National Council on Industry, Trade and Investment meeting in Enugu, where he sought information on the participation of Oyo State cooperative societies, stressing the need for stronger representation at national policy engagements.

Earlier, the President of the Odua Cooperative Conglomerate, Elder Felix Bamidele Ajibode, appealed to the Oyo State Government to provide greater support for cooperative societies through funding and collaboration. He also sought the participation of Governor Seyi Makinde at the forthcoming World Cooperative Day celebration, expressing confidence in the administration’s continued support for the cooperative movement.

The AGM reviewed key statutory activities of the Conglomerate, including financial audits, governance matters, tenure issues and regional socio-economic programmes. The meeting was attended by cooperative leaders, delegates and representatives from Oyo, Lagos, Ogun, Ondo, Osun and Ekiti States, underscoring the Conglomerate’s role as the apex cooperative body promoting regional integration and economic development across the South-West.

The Oyo State Government has reaffirmed its commitment to promoting sustainable transportation and clean energy solutions while emphasizing that every investment proposal must undergo comprehensive technical, commercial and legal evaluation before any partnership is considered.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, stated this while receiving a delegation from Africa Vehicle Company (AVC), led by the President of the Electric Mobility Promoters Association of Nigeria (EMPAN)  Engr. Dapo Adesina  and Chief Executive Officer of Africa Vehicle Company, Chief Babatunde Chris Osadahun, at the Ministry’s Conference Room, Secretariat, Ibadan.

The meeting was attended by the representatives of the Park Management System (PMS) for tricycle operators in Oyo State, led by their Chairman Comrade Esho Giwa,  traders, cooperators, representatives of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA); the Babaloja General of Oyo State, Alhaji Abass Yekini Oladapo; and other key stakeholders.

Professor Adelabu commended the concept of electric mobility as a clean, innovative and cost-effective alternative to conventional fuel-powered transportation, describing it as an initiative that aligns with global efforts to promote environmental sustainability, energy efficiency and economic development.

The Commissioner, however, stressed that the Oyo State Government would only support initiatives that demonstrate long-term value, affordability, accessibility and sustainability for the people of Oyo State. He explained that issues relating to product pricing, distribution channels, maintenance structure, charging infrastructure, after-sales support, availability of spare parts, corporate social responsibility, consumer protection and overall implementation strategy must be satisfactorily addressed before any partnership is formalised.

He noted that the Ministry would independently assess the proposal alongside similar products and investment models to ensure that any eventual collaboration offers the best value to the State and prospective beneficiaries.

Professor Adelabu further explained that the initiative has the potential to create economic opportunities for transport operators, cooperatives, entrepreneurs and other investors if properly structured. He added that the Ministry would continue consultations with relevant stakeholders to ensure that any investment model adopted is transparent, practical and beneficial to the people of Oyo State.

Earlier, the Permanent Secretary, Mr. Olajide Mamud Okesade, explained that the engagement was organised to enable the Ministry obtain a comprehensive understanding of the proposed electric mobility initiative before engaging prospective investors and stakeholders.

According to him, the Ministry is primarily interested in evaluating the durability, workability, maintenance requirements, implementation strategy and overall cost-effectiveness of the proposed electric tricycles under the prevailing Nigerian operating environment.

He said the Ministry would carefully examine the suitability of the vehicles for different road conditions across the State, battery lifespan, charging duration, replacement costs, charging infrastructure and the possibility of adapting the technology to local conditions where necessary.

Mr. Okesade added that the Ministry would also explore financing options, including cooperative-based ownership and flexible instalment payment arrangements that could make the tricycles more affordable for operators.

He assured the delegation that the Ministry would continue to engage relevant stakeholders while ensuring that every decision is guided by technical evidence, sustainability and the overall interest of the people of Oyo State.

Presenting the proposal, the President of the Electric Mobility Promoters Association of Nigeria (EMPAN)  Engr. Dapo Adesina and Chief Executive Officer of Africa Vehicle Company, Chief Babatunde Chris Osadahun, said the company’s electric tricycles are designed to provide a cleaner, more affordable and environmentally friendly alternative to conventional fuel-powered tricycles.

They disclosed that the tricycles can travel up to 100 kilometres on a single battery charge, significantly reducing daily operating costs when compared with petrol-powered alternatives.

According to them, the company intends to establish a comprehensive support ecosystem through local assembly of the vehicles, training of technicians and roadside mechanics, development of spare-parts distribution networks, and the deployment of charging stations as well as solar-powered battery swap stations to ensure seamless operations.

Chief Osadahun further explained that the initiative would encourage local content development, create employment opportunities, facilitate technology transfer, strengthen technical capacity and contribute to Nigeria’s transition to cleaner, greener and more sustainable transportation.

The highlight of the engagement was the demonstration and test ride of the electric tricycle by the Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, alongside the Permanent Secretary, Mr. Olajide Mamud Okesade. Also participating in the ride were the Senior Special Assistant to the Governor on Industry and Cooperatives, Honourable Adeyemo Emmanuel; the Senior Special Assistant to the Governor on Trade and Export Promotion, Honourable Kolawole Ojo; members of the Ministry’s management team; representatives of Africa Vehicle Company; the leadership of the Park Management System (PMS); traders, cooperators and other stakeholders, who witnessed the demonstration of the electric tricycle’s features and operational capabilities.

The initiative aligns with Governor Seyi Makinde’s administration’s commitment to attracting credible investments, promoting industrialisation, supporting innovation, encouraging clean energy solutions and fostering strategic partnerships that will drive economic growth, create employment opportunities and improve the livelihoods of the people of Oyo State.

The Oyo State Government has reaffirmed its commitment to strengthening the cooperative movement through enhanced collaboration, proper data management and sustained engagement with cooperative stakeholders, as part of efforts to deepen economic growth and improve the welfare of cooperators across the State.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, gave the assurance while receiving the leadership of the Oyo State Cooperative Federation Limited (OSCOFED), led by its President, Chief Segun Adegoke, alongside its Leader, His Royal Highness, Oba Lasisi Olagbemileke Oladimeji, the Aranyin of Iranyin, on a courtesy visit to his office at the State Secretariat, Ibadan.

Professor Adelabu appreciated the delegation for its goodwill, support and commendation of Governor Engineer Seyi Makinde’s administration, particularly on the successful rescue of the abducted pupils and teachers from Oriire Local Government without the payment of ransom, as well as the State Government’s investment in security through the procurement of a surveillance aircraft.

The Commissioner noted that the present administration remains committed to supporting cooperative development but stressed that effective planning and access to Government interventions must be driven by accurate statistics and credible data.

He charged the Executive Secretary of OSCOFED, Mr. Egbeyale Francis, and other cooperative leaders to ensure comprehensive documentation of cooperative societies and farmers across the 33 Local Government Areas of the State, explaining that such information would enable Government to adequately capture cooperators in intervention programmes.

According to him, several agricultural support initiatives of the Oyo State Government, including fertilizer distribution, tractorisation support, seedlings, agricultural loans through the Agricultural Credit Corporation of Oyo State (ACCOS) and the SAfER Programme, are accessible through established Government channels and require proper registration and submission of beneficiaries’ data.

Professor Adelabu further stated that the Ministry would continue to work closely with OSCOFED and relevant stakeholders to strengthen the cooperative sector, while encouraging continuous engagement with Government through the appropriate channels for the advancement of cooperative societies in Oyo State.

On the proposed 2026 International Cooperative Day Celebration, the Commissioner welcomed the Federation’s plans for the annual event and assured the delegation that the Ministry would continue to liaise with relevant authorities to ensure appropriate Government participation in line with official schedules and protocols.

He reiterated that his administration would maintain an open-door policy, foster stronger synergy with cooperative societies and work towards building a vibrant cooperative sector capable of contributing meaningfully to the socio-economic development of Oyo State.

Earlier, the Senior Special Assistant to the Governor on Industry and Cooperatives, Honourable Adeyemo Emmanuel, described cooperative societies as dependable vehicles for economic empowerment and wealth creation. Drawing from his personal experience as a former employee of Nigerian Breweries Plc, he said cooperative societies had significantly contributed to his personal development and expressed confidence that the concerns presented by OSCOFED would receive the necessary attention through the appropriate Government channels.

Speaking on behalf of the Federation, the President of OSCOFED, Chief Segun Adegoke, congratulated the Honourable Commissioner on his appointment and commended the Oyo State Government for its achievements in security and good governance.

He described cooperative societies as dependable partners in community development, financial inclusion and agricultural productivity, while appealing for greater collaboration and support to strengthen cooperative activities, especially in the areas of agricultural financing, affordable farm inputs and access to intervention programmes.

Chief Adegoke also informed the Commissioner of the Federation’s preparations for the 2026 International Cooperative Day celebration across the 33 Local Government Areas of the State and expressed appreciation for the Ministry’s continued cooperation with the cooperative movement.

Also speaking, the Leader of OSCOFED, His Royal Highness Oba Lasisi Olagbemileke Oladimeji, the Aranyin of Iranyin, highlighted the historical contributions of cooperative societies to the socio-economic development of Oyo State and Nigeria. He appealed for stronger institutional collaboration between Government and cooperative societies, noting that cooperatives remain strategic partners in employment generation, agricultural development and grassroots economic empowerment.

As a mark of appreciation and goodwill, the leadership of OSCOFED presented a specially designed roll-up banner bearing the portrait of the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, to commemorate the visit and reaffirm their commitment to a cordial working relationship with the Ministry.

The Permanent Secretary of the Ministry, Mr. Olajide Mamud Okesade, Directors and other management staff of the Ministry were also in attendance.

The Oyo State Government has witnessed the signing of a landmark Memorandum of Understanding (MoU) between the Federal Government, the cooperative movement and a technology consultant, marking a significant step towards the digital transformation and reform of Nigeria’s cooperative sector.

The MoU was signed today, Wednesday, August 12, 2026, at the National Technical Workshop on Cooperative Sector Digitalization and MoU Signing Ceremony held at Ladi Kwali Acacia Hall, Abuja Continental Hotel, Abuja.

The agreement was signed by the Permanent Secretary, Federal Department of Cooperatives, on behalf of the Federal Government; the President, Cooperative Federation of Nigeria, on behalf of cooperators; and the Chief Executive Officer of Seamfix Ltd., on behalf of the consultant.

The Oyo State Government, which was represented at the event by the Director of Cooperatives, Ministry of Investment, Trade, Cooperatives and Industry, Mr. Idowu Olawoyin, who represented the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, welcomed the development as an opportunity to strengthen the State’s cooperative system and align it with the emerging national digital framework.

Speaking on the significance of the agreement, the Permanent Secretary, Federal Department of Cooperatives, described the MoU as an important step towards translating the Federal Government’s reform vision for the cooperative sector into a practical and sustainable digital system.

He noted that the partnership would provide the foundation for a more coordinated and reliable cooperative information system, particularly through the implementation of the National Cooperative Smart Registry (NCSR), Cooperative Verification Number (CVN) and Cooperative Member Identification Number (CoopID).

According to him, the initiative would strengthen the identification and verification of cooperative societies and members, improve data management and enhance transparency, accountability, planning and service delivery within the sector.

He stressed the importance of collective ownership of the reform, urging State Governments, cooperative federations, societies and other stakeholders to support the implementation process to ensure that the benefits of digitalisation reach cooperative members across the Country.

The Permanent Secretary also appreciated President Bola Ahmed Tinubu for the Federal Government’s commitment to repositioning the cooperative sector as a strategic instrument for economic development, financial inclusion, enterprise development, employment generation and wealth creation.

He further appreciated the Cooperative Federation of Nigeria and co-operators nationwide for their cooperation and commitment to the reform process, as well as the Government officials, stakeholders and other participants whose contributions facilitated the successful workshop and MoU signing.

The MoU forms part of the Federal Government’s Renewed Hope Cooperative Reform and Revamp Programme (RH-CRRP 2025–2030), which seeks to move the cooperative sector from predominantly analogue processes to a modern, transparent, productive and digitally enabled system.

Through the new digital framework, cooperative societies and members are expected to benefit from improved identification, reliable records and better access to Government interventions, finance, markets and other economic opportunities.

For Oyo State, participation in the process is particularly significant as the State continues to promote accurate data management and stronger institutional systems across its economic sectors.

The initiative also aligns with the position of Commissioner Adelabu, who has consistently emphasised accurate data, effective coordination and modern approaches to strengthening the Department of Cooperatives and improving service delivery.

The Oyo State Government, under the leadership of Governor Seyi Makinde, therefore reaffirmed its commitment to collaborating with the Federal Government and other stakeholders towards the successful implementation of the digitalisation programme and the emergence of a stronger, more organised and inclusive cooperative sector.

The MoU signing marks a significant step towards ensuring that Nigeria’s cooperative movement is supported by credible data, digital identity, improved governance and systems capable of connecting cooperative members to wider opportunities for economic growth and empowerment.

The Oyo State Government has commenced a data capture and identity card registration exercise for traders, artisans, cooperative members and industrialists across the state’s 33 local government areas, with each beneficiary expected to pay ₦1,000 for the identification card.

The Commissioner for Investment, Trade, Cooperatives and Industry, Prof. Salihu Abdulwaheed Adelabu, disclosed this during a stakeholders’ engagement organised by the ministry in Ibadan.

He said the exercise was designed to create a credible database for economic planning and improve access to government interventions.

Adelabu said “the Oyo State government could not effectively plan for traders, artisans, cooperatives and industrialists without reliable information on their number and distribution.”

He disclosed that Global Sight Services Limited had been engaged to coordinate the data capture and production of the identity cards.

Also speaking the Permanent Secretary of the ministry, Olajide Mamud Okesade, said the identity card would contain modern security and verification features, including a QR code and chip.

He added that “the cards were expected to be ready within one month of registration, while the consultant would visit markets, associations and business clusters across the state.”

The consultant, Dayo Bello, said the registration would be linked to verified information, including National Identification Numbers and Bank Verification Numbers, to reduce duplication, fraudulent claims and inaccurate records.

He said the cards would be produced in ATM-card format and linked to beneficiaries’ verified bank accounts, while the ₦1,000 payment would be made into the beneficiary’s account.

Meanwhile, the state government has reaffirmed its commitment to hosting EXPOYO 2026, with the Commissioner disclosing that a fresh memorandum was being prepared for Governor Seyi Makinde’s approval through the Office of the Secretary to the State Government.

The development followed administrative processes that delayed the earlier proposed date for the trade fair.

The Vice President of the Oyo State Council of Chambers of Commerce, Industry, Mines and Agriculture, Alhaji Abiola Alli, had appealed for the early approval of EXPOYO 2026, proposed for the last week of October.

He said early confirmation of the date would enable exhibitors, investors and development partners to make adequate preparations, while the Commissioner urged OYCCIMA to strengthen its role in investment promotion, economic advocacy and generation of sector-specific data to support government planning.

The Oyo State Government has commenced the referendum process for the reinstatement and activation of memberships into the Market Leaders’ Council, reaffirming its commitment to transparency, inclusiveness and democratic representation of traders and artisans across the State.

The statewide exercise, which commenced on 14 July 2026, is being conducted across recognised traders’ clusters and associations and will continue at designated venues until its conclusion.

Representing the Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, at the various referendum exercises, the Permanent Secretary, Ministry of Investment, Trade, Cooperatives and Industry, Mr. Olajide Mamud Okesade, conveyed the warm regards of the Honourable Commissioner to the traders and artisans. He explained that the referendum became necessary following the expiration of the tenure of the previous Market Leaders’ Council members on 23 March 2024, adding that each recognised traders’ cluster and association is expected to democratically elect one representative to serve on the Council for a two-year tenure.

Okesade stated that the Ministry’s presence at every referendum is to ensure strict compliance with due process and democratic principles. He stressed that elected representatives must emerge through broad participation by members from all the seven geo-political zones of Oyo State, while participating associations are required to submit attendance records, minutes of the referendum and group photographs on their official letterhead as evidence of a credible, transparent and duly conducted process.

He congratulated the representatives already elected, commending the unity, maturity and cooperation displayed by traders and artisans throughout the exercise.
He also disclosed that the Oyo State Government, in collaboration with the Babaloja General of Oyo State, Alhaji Abass Yekini Oladapo,Presidents and members of Trade Associations will soon conclude on plans to introduce an identity card scheme for traders across the State. This is designed to strengthen Trade organisation, recognition and ease coordination of Traders by the Ministry.

The referendum exercise, is expected to be concluded on or before 31 July 2026. Upon completion, the duly elected representatives will constitute the reinstated Market Leaders’ Council, further strengthening collaboration between the Oyo State Government and the organised trading community in advancing commerce and economic development across the State.

The exercise reflects the commitment of the State Government to promoting transparency, accountability and inclusive representation across organised trading communities in Oyo State.