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AKTH Cooperative Society Holds 2024 AGM, Declares Impressive Savings of Over ₦1 Billion

Umar Idris Shuaibu by Umar Idris Shuaibu
November 8, 2024
in Business, Finance, Health, Kano, National, News
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AKTH Mutipurpose Cooperative Society

AKTH Mutipurpose Cooperative Society 2024 AGM

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Aminu Halilu, Kano

AKTH Staff Multipurpose Cooperative Society Limited has reached a milestone, declaring over ₦1 billion in savings from its members. This impressive achievement was announced during the 2024 annual general meeting held at the AKTH conference room.

Malam Shehu Bala, Director Cooperative of the hospital, attributed the society’s success to its numerous activities aimed at improving members’ lives. The society’s remarkable performance is evident in its developmental projects.

Professor Abdurrahman Abba Sheshe, Chief Medical Director of Aminu Kano Teaching Hospital, represented by the Deputy Chairman Medical Advisory Committee (CMAC), Dr. Dalha Halliru Gwarzo, highlighted the cooperative society’s impact on staff dedication. “The effort of the cooperative society helped members of staff to be dedicated to their duties as their savings allow them to build other businesses during retirement,” he said.

Dr. Dalha Halliru Gwarzo
Dr. Dalha Halliru Gwarzo

Read Also:

KNSG Host Cooperative Groups, Harps on Enhancing Economic Development 

Key Highlights of the Meeting:

– Membership Growth: Over 2,000 members across all hospital cadres.
– Asset Value: Total assets exceed ₦1 billion, with steady growth attributed to member efforts.
– Diversified Services: The society offers various services, including plot and house purchases, motorcycle loans, and more.

Future Plans:

– Real Estate Venture: Collaboration with Kano State Housing Corporation to simplify property acquisition for members.
– Microfinance Bank: Establishing a Multipurpose Cooperative Society Microfinance Bank.
– Digital Expansion: Developing a website for automated services and data management.

The society’s president, Malam Kabiru Abba Yakasai, encouraged members to increase their shares for higher returns and announced plans to boost investment horizons in real estate and bakery sectors. With its impressive growth and future plans, AKTH Staff Multipurpose Cooperative Society Limited is poised for continued success.

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