FG, Seamfix partner to digitise cooperative sector
The Federal Government and Seamfix have partnered to launch a national digital registry for cooperatives, aiming to formalise and improve management of Nig Read More: https://punchng.com/fg-seamfix-partner-to-digitise-cooperative-sector/
The Federal Government of Nigeria has signed a Memorandum of Understanding with Seamfix Limited and the Cooperative Federation of Nigeria to digitise the country's cooperative sector. The National Cooperative Smart Registry will provide a central digital platform for registering and verifying cooperative societies and their members, with individual members linked to their National Identification Numbers.
This initiative is part of the government's Renewed Hope Cooperative Reform and Revamp Programme and aims to formalise the management of Nigeria's cooperative sector, which currently boasts over 370,000 registered societies with millions of members. The new digital infrastructure will improve regulatory coordination, reduce fraud and duplication, and provide better data for government planning, investment, and the delivery of interventions.
Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
