19/03/2025
THE RESCUE MISSION:
Dear Esteemed Cooperators,
INTRODUCTION & BACKGROUND
With immense gratitude to the Almighty and appreciation to you, our fellow Cooperators, we seek your attention to share why Essien, Overy, Briggs, and others are once again stepping forward to serve in leadership roles within our Cooperative.
We remain grateful for the trust you placed in us during our tenure as the 3rd Management Committee, which allowed us to achieve remarkable milestones and leave the Cooperative far stronger than we met it.
OUR STEWARDSHIP IN THE 3rd MANAGEMENT COMMITTEE
You may recall that when we assumed office, we inherited a Cooperative in distress—financial instability, unpaid obligations, and, let’s be honest, zero confidence from members and stakeholders.
But did we complain? No. We rolled up our sleeves and got to work.
Through strategic financial management and unwavering commitment, we:
✅ Revived the Cooperative’s financial standing, ensuring prompt savings payments, loan disbursements, and timely interest and dividend payments.
✅ Increased membership and savings across states and head offices.
✅ Generated revenue and profits through smart investments—without misusing members’ savings.
✅ Ensured liquidity, matching investments to revenue streams instead of reckless long-term commitments that would cripple financial stability.
✅ Maintained weekly savings withdrawals (Every Thursday) because we understood that financial security isn’t just about numbers—it’s about trust.
We handed over a strong, competitive, and liquid Cooperative, built on sound economic principles and driven by the collective interests of our members.
WHY ARE WE COMING BACK?
Simple. To clean up the mess.
We are returning to:
🔹 Rescue, restore, and revitalize the Cooperative—bringing back its good old days and making it even better.
🔹 Restore members’ confidence—because trust, once broken, must be rebuilt.
🔹 Ensure savings are paid on demand—no excuses, no delays.
NDDNDDC
