By Juliana Olajide
Over two million naira proposed dividend to be disbursed to shareholders of Unijos Staff Multi-purpose cooperative society limited UJSMCSL soon.
The president of the co-operative society Mr. Ukpo Aondohemba arrived at the conclusion at 12th Annual general meeting AGM of UJSMCSL where shareholders voted for the sharing of the dividend for the financial year.
Recall that a University Don, Professor Likita Ogba, had enjoined cooperators to embrace shares among other strategies of investment to secure a promising prospect after retirement,at the AGM.
The Professor of Economics Department University of Jos who frowned at the little patronage of the cooperative members of just 2% said that shares investment have double value of dividend and capital appreciation.
The chairman of the 12 AGM of the cooperative and former Director of cooprative societies Plateau state Mr Laurence Lankwap said there is no better time than now to discuss investing in cooperative society as a better hope for retirement.
He called on cooperators to quickly key into it as it is a rare privilege.
Shareholders who spoke in congress commended the ingenuity of the president and his team for realizing such profit in the midst of the skeletal remittances from IPPIS and the strike.
Highpoint at the session was question and answer session which was robust and affords members the opportunity to know that deadline for sale of shares is December 31st 2022 .
They were also informed that shares affords members the opportunity to enjoy both interest and dividend and continue to be members even upon retirement or demise.