Brief Information about the Ministry
The Ministry of Commerce and Cooperatives came into being in 2004 by circular Ref.No. HS/S/5A/VOL I/14 of 22/9/2004 when the of Ministry Industry and Solid Mineral Development was excised from the Ministry of Commerce, Industry and Cooperatives
The Ministry has four (4) departments namely :
(i) Personnel, Finance and Supply;
(ii) Planning, Research & Statistics:
(iii) Commerce and (iv) Cooperatives
(i) & (ii) Service/Support Departments
(iii) & (iv) Operations Departments
The Ministry oversees the Kwara Commercial Micro Finance Bank- floated in 2008.
The Ministry maintains sustained relationships with the following establishment
– Federal Ministry of Commerce and Industry.
– National Council on Commerce and Cooperatives.
– Nigeria Export Processing Zones Authority (NEPZA).
– Nigeria Export Promotion Council (NEPC).
– Consumer Protection Council (CPC).
– National Council on Investment (NCI).
– Federal Ministry of Agriculture and Water Resources.
– National Council on Cooperatives Affairs (NCCA).
– Nigeria National Petroleum Corporation (NNPC) Oke-Oyi, IIorin.
Extra governmental Relationships
The Ministry maintains a good relationships with the following organized private sector bodies.
– Kwara Chambers of Commerce, Mines, Industries and Agric
– Nigerian Shippers Council (NSI) Kwara State Chapter.
– Kwara Cooperative Federation Limited (KCF).
– Commodities Traders Association (CTA)
Standing Interministerial Committees.
– Petroleum Products Monitoring Committee.
– Kwara State Export Promotion Committee.
– Kwara State Consumer Protection Committee.
– Kwara State Committee on Relocation of Markets.
Promote Trade and Investments.
Operation of Micro-Credit/Poverty Alleviation Schemes.
To ensure Food Security through intervention Scheme.
Registration of Cooperative Societies.
Settlement of internal disputes among cooperators.
Auditing the accounts of all cooperative societies.
Training and retraining of cooperators and employees of cooperative societies.
Sensitization of people at the grassroot to form co-operative societies in order to reduce poverty and develop MSMEs.
To accelerate the socio-economic growth and development of Kwara State through the Ministry’s activities towards poverty reduction Strategies
To promote Commercial and Cooperative activities in Kwara State and encourage Kwarans to develop capacities for managing their own businesses.
Strategic Framework (2011-2014)
Develop a policy to drive commerce and enterprise in the state
Provide access to capital for all existing and potential micro, small and medium enterprises in the state, including:
- Traders (80%, female) at Ultra Modern Market and the Kulende Market
Industry practitioners across the 16 Local Government Areas of the State
Full utilization of the Kwara Mall (a Public, Private Partnership Project) and mobilizing sensitization for its timely occupation and utilization
Deploy an effective strategy for full optimization of trading opportunities at the transnational border market at Baruten Local Government.
Promote the Export Drive of the state:
- Expand and align Cooperative groups to support the export of agro-allied produce
Working with Ministry of Industry and Solid Minerals to deploy a clear strategy for establishment agro-allied industry or industry clusters
Promote the Kwara Free Zone.
- Deploy an awareness in all the LGAs to generate buy-in for the concept of cooperatives.
- Organize and promote sector specific cooperatives to focus on strategic areas of enterprise in the state.
- Drive a strategy to encourage youth to attain economic self empowerment (through formal registrations cooperatives)
POLICY THRUST (2011-2015)
- Encourage the production and distribution of goods and services to satisfy domestic and global markets in order to achieve economic growth and development in Kwara State.
- Reposition Cooperative Schemes in the State for more positive impact on the economy.