101st Edition of International Cooperatives Day: Lagos State Kicks Off International Cooperatives Day with Emphasis on Sustainable Development

101st Edition of International Cooperatives Day: Lagos State Kicks Off International Cooperatives Day with Emphasis on Sustainable Development


The Lagos State Government’s initiation of International Cooperatives Day 2023 marks a significant milestone in recognizing and celebrating the pivotal role of cooperatives in socio-economic development.

The global cooperative movement has long been at the forefront of sustainable and community-driven growth.

This year’s theme, “Cooperatives: Partners for Accelerated Sustainable Development,” aptly highlights the aspirations and values inherent in the cooperative philosophy.

Launching International Cooperatives Day 2023

The Lagos State Government marked the commencement of International Cooperatives Day 2023 with a press conference on Tuesday.


Hosted at the Ministry of Commerce, Industry and Cooperatives in Alausa – Ikeja, Permanent Secretary Mrs. Adetutu Ososanya, FCA, emphasized the alignment of this annual celebration with global practices, a tradition since 1923.

This year’s 101st edition is particularly significant as the 29th recognized by the United Nations.

The Relevance of Cooperatives Today

In her address, Mrs. Ososanya eloquently expressed the continued relevance of the Cooperative Movement in today’s world.

She underscored the role cooperatives play in overcoming developmental challenges, alleviating poverty, generating jobs, and fostering global prosperity.


Cooperatives’ ability to reconcile economic and social objectives has made them crucial instruments for sustainable growth.

Contribution to Economic, Social, and Environmental Sustainability

Ososanya also highlighted cooperatives as essential vehicles for collaboration and shared prosperity, contributing to various dimensions of sustainability.

She stressed the intrinsic values among cooperatives, such as safeguarding community relations, enhancing local resources, advocating social responsibility, and adopting sustainable and long-term business practices.

Administration’s Recognition and Partnership with Cooperatives


Governor Babajide Sanwo-Olu’s administration acknowledges over 3000 Cooperative Societies in the State as vital engines for citizens’ empowerment.

Their contribution to economic, social, and cultural development is significant, and the government emphasizes an effective partnership with the Cooperative Movement.

This relationship underscores the annual celebration of Lagos State Cooperators and Cooperative Societies.

Planned Activities for the Week

The celebratory week is filled with engaging activities, including an Awareness Walk, commissioning of Community Projects, religious services, Panel Discussions, Raffles, Exhibitions, Luncheons, and Merit Awards.


The events are spread across various locations, reflecting a comprehensive and inclusive approach to honoring cooperatives’ contributions.

Appreciation from the Lagos State Cooperative Federation (LASCOFED)

LASCOFED President, Mr. Oladipo Shobule, expressed gratitude to the State for supporting the Cooperative Movement and recognizing its structured role in fulfilling social obligations to the citizens.

He praised Lagos State cooperatives as exemplary in their structure and support for government initiatives.



The Lagos State Government’s International Cooperatives Day 2023 celebration is more than a mere event; it is a testament to the unyielding spirit of cooperatives and their essential role in modern society.

By empowering people, fostering partnerships, and driving sustainable development, cooperatives remain at the heart of a human-centered approach to progress.

The continued support from governmental bodies and the recognition of these fundamental principles strengthen the cooperative movement, reinforcing its potential to shape a better, more inclusive future.

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