FG Advances Cooperative Sector Reform for Economic Growth

The Federal Government has reaffirmed its commitment to implementing the National Cooperative Identity Reform under the Renewed Hope Cooperative Reform and Revamp Programme (RH-CRRP 2030) to enhance Nigeria's cooperative ecosystem. Sen. Dr. Aliyu Sabi Abdullahi, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, made this announcement during the 10th National Cooperative Summit in Abuja.

The reform aims to transform Nigeria's cooperative sector, which currently has over 370,000 registered societies and more than 30 million members, into a credible economic bloc. The RH-CRRP 2030, approved by the 8th National Council on Cooperative Affairs in March 2026, includes a seven-pillar framework focusing on legal reform, digitalization, and cooperative finance.

A key component is the National Cooperative Digital Architecture Platform (NCDAP), which will enhance cooperative identity and regulatory oversight. The government targets increasing cooperative assets from ₦1.7 trillion to ₦5 trillion within five years and is also working on establishing the Cooperative Bank of Nigeria.