five basics of co-operative society

Co-operatives are private member-oriented enterprises that operate on the principles of democracy and market economy. They are established as voluntary organizations of like-minded people to;

1. Pursue mutually beneficial, social and economic interests.
2. Provide goods and services to each other and the general public in the most effective way.
3. Prevent exploitation of the weaker members of the Society, by bringing them together to help themselves.
4. Protect the rights of the people as producers and consumers of goods and services.
5. Promote mutual understanding and peaceful co-existence among the people of Nigeria and all our members abroad.