ABUTH ICOV Shareholders Urged To Increase Shares



The Shareholders of Ahmadu Bello University Teaching Hospital (ABUTH) IMAN Venture Cooperative Society Ltd (ICOV) Zaria have been urged to boost their shares for the progress of the society.

 President of the society, Dr. Mustapha  Yakubu  gave the charge while addressing shareholders during ICOV Business Meeting held at Red Seat Theatre, ABUTH Shika.

He said, it is only  members who have shares that can make the society to grow  by inviting others to join and acquire their  shares.

The president  lamented  low attendance to  programmes organized by the society, which he said must  change for the society to make progress.

Speaking on the Housing scheme, Dr. Yakubu said there are three categories of  for members, according to their contribution and income.

He explained that for one to own a bungalow,  it amounts to a maximum of 10 years deductions from the beginning of the  to the last deduction.

“The one bedroom apartment is N7,500,000.00 the two bedroom  is N9,500.000.00 and the three bedroom  is N11,500.000.00 respectively,” he informed.

On the Ummah Shop, the committee reminded members that there are enough commodities in stock at  affordable prices, when compared with the prices in the market.

The committee also notified members that they can make purchases online as well as place orders to be delivered immediately without additional  transport fares.

In his message, the Ameer of IMAN through Dr. Abdulrazaq Ayuba the Secretary General, said that  ICOV  loan given by the society is meant to assist members and  is interest free.

He called on every shareholder to double their shares for their own benefit.

The Ameer called on the people to actively participate in  promoting ICOV activities anywhere they are, through sensitization and awareness campaigns on the importance of ICOV programmes.


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