Participants of the workshop Not having seen any amendments ever since its inception, the legislation has a number of elements that are out of synch with the current realities of the markets and the social environment. In particular, it gives extensive powers to the Cooperative Registrar including for registration, settlement of disputes, audit inspection and enquiries and dissolution of registered cooperatives. These extensive powers have impeded the autonomy, independence and overall development of cooperatives. In light of this situation, the Department of Co-operatives (DoC) under the Ministry of Employment and Labour Relations has made several attempts to revise the law in the past, although these have not been adopted.
In 2017, the DoC under the Ministry of Employment and Labour Relations initiated another revision effort in consultation with various national and international stakeholders. The ICA Committee on Cooperative Law and the ILO, through its Country Office in Abuja covering Nigeria, Ghana, Liberia and Sierra Leone and its Cooperatives Unit, have provided technical inputs on the draft cooperatives bill.
The drafting committee suggested that there should be more representation of “co-operators” on the board. A revised draft bill will be circulated to all stakeholders to ensure the integration of their comments and suggestions.
In December 2017, the ILO organized a training workshop with financial cooperatives in Ghana