The Federal Department of Cooperatives promotes the effective growth of sustainable member initiated and member controlled National Cooperative Societies that contribute to the socio-economic development of Nigeria through job creation, income generation and economic diversification.

 

The functions of the Federal Department of Cooperatives (FDC)

  • Formation of broad national economic policy for Cooperative development and financing, and the integration of Cooperative policies into national development plans.
  • Supervision of national cooperative societies and the implementation of development policies relating to national cooperative projects.
  • Liaising with Federal economic institutions and representation of cooperative interest at inter-ministerial meetings.
  • Handling Inter-African and other International cooperative matters, including relations with international cooperative organization and specialized agencies of the United Nationals Organization, (other functions of the Department are listed in the Act Cap 27 LFN 2004.

Mandate

The Mandate of the Federal Department of Cooperatives is “to promote the effective growth of sustainable member initiated and  member controlled cooperative enterprises that enhance the socio-economic development of Nigeria through job creation, income generation and poverty alleviation”.

Vision

The Vision is to institute within Nigeria’s socio-economic arrangement a viable and sustainable Cooperative system that is autonomous accountable, transparent and democratic in nature and contributing very significantly to Nigeria’s GDP.

Mission

The Mission is to fast track Cooperative entrepreneurship and Cooperative practice that generate surpluses, create employment raise members’ income and generally contributing to the improvement of quality of life of Nigerians.

Structure of the Department

The Department is structured into five Division and three Units; namely:

  • Cooperative Policy and Inspectorate Division (CPI)
  • Cooperative Organizations and Programmes Division (COP)
  • Cooperative Education and Training Division (CET)
  • Cooperative Enterprise and Skills Division (CES)
  • Infrastructure and Facilities Support for Cooperative (IFC)
  • Administration’s Unit
  • Director’s Office Unit.
  • Store Unit

The Federal Department also has Officers in the 36 States of the Federation and the FCT. It also has three Cooperative Colleges under its Supervision. The Cooperative Colleges are:

  • Federal Cooperative College, Ibadan, Oyo State
  • Federal Cooperative College, Kaduna, Kaduna State
  • Federal Cooperative College, Oji-River, Enugu State