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Events
16 August, 2023
On Saturday August 16, 2023,ADSi Multi-purpose Cooperative Society Ltd presented two shuttle buses to the Management of Aguata Mass Transit Company. This is part of the efforts of our Cooperative Society towards improving the transport sector by investing to reduce poverty and improve the quality of service. Over the past 6 months, ADSi has empowered the Transport Company of Anambra State (TRACAS) by procuring six Sienna buses, which have been given to TRACAS on hire-purchase basis.
The cost of each of the vehicles will be defrayed by TRACAS in 18 months. Similarly, the Society procured five shuttle (mini) buses that we have given to Aguata Mass Transit Company will be defrayed within 12 months.
ADSi Multipurpose Cooperative Society is making a positive difference.
During the signing of the business agreement between ADSi Multipurpose Cooperative Society Ltd and Aguata Mass Transit Company at Onitsha today, ADSi Multipurpose Cooperative Society Ltd was ably represented by the Office Manager, Chief Victor Ilodigwe while Aguata Mass Transit Company was represented by the Managing Director of the Company, Mr. Mathew Ezeilo.
16 August, 2023
In the continuing quest for meaningful alliances and strategic partnerships, the leadership of ADSi Multipurpose Cooperative Society Limited, on Tuesday, September 19, 2023, paid a courtesy visit on the Speaker of Anambra State House of Assembly (ASHA), Rt. Hon. Somtochukwu Udeze, in his office at the State House of Assembly Complex, Awka. The purpose of the visit was to thank him for sending a representative to the first anniversary/formal inauguration of the society, which was held at Awka on June 30, 2023. It was also aimed at familiarizing the honorable speaker with the activities of society with a view to seeking areas of support and mutual cooperation and collaboration with the honorable members.
The delegation of ADSi Multipurpose Cooperative Society was led by the Chairman, Dr. Ogochukwu Soludo. Other members of the team were the Office Manager, Chief Victor Ilodigwe, the Financial Secretary, Pastor Robert Mbaekwe and the Head of Business and Investment Unit, Apostle Dr Ifeanyi Nwakonobi. Speaking during the occasion, the Chairman highlighted the vision, mission and distinctive characteristics of ADSi Multipurpose Cooperative Society Limited.
He explained that the Society is a voluntary, self-supporting and mutually beneficial organization established, not just to be another cooperative society by the street corner. Rather, it was conceived and designed to become the most formidable, transformational and most impactful mass movement for accelerated, sustainable development in Nigeria within a very short time, leveraging on the cooperative business model and the concept of sweat equity to propel the progression from cooperative society to a corporation, and then to a conglomerate!
Dr. Soludo informed the Speaker that the group is determined to make a positive difference by changing the worldview of the members from that which tends to promote greed, avarice, covetousness selfishness and self-centeredness to one that promotes service above self.
He listed the unique selling points of the group to include: credible leadership with untainted integrity and unblemished record of service, fair, just and transparent process, collective bargaining, member care/support services, equal opportunity for full, voluntary participation for all members and an equitable template for redistributing surplus resources (profit sharing).
He appealed to the Speaker to use his good offices to persuade the House members to join the society and team up with the leadership of the Cooperative Society in promoting grassroots bottom-top mobilization, value-addition and development.
In his response, the honorable speaker welcomed the delegation and expressed joy and satisfaction with the modest achievements so far made by the group.
He commended ADSi Multipurpose Cooperative Society for championing the effort and value re orientation and urged the group to explore ways of assisting other cooperative societies in the state to become fuctional, active more productive. He promised to allow the Chairman of ADSi Multipurpose Cooperative Society Limited to address the House at a later date.
He also advised the group to seek partnership with institutions like Anambra Small Businesses Agency (ASBA) for meaningful collaboration and enhanced capacity for optimal performance.
October, 2023
In the continuing quest to make life more meaningful and less stressful for the teeming population of its members, ADSI MULTIPURPOSE COOPERATIVE SOCIETY LIMITED has rolled out a comprehensive life assurance policy with complimentary riders for all its members. This comes into effect from October 2023.
By this new arrangement, the earlier agreed condolence purse donation of #100, 000 (One Hundred Thousand Naira only) to the family/dependant of a dead member will cease to apply.
Covered under this new arrangement are death benefit of between #250,000 (Two Hundred and Fifty Thousand Naira Only) and #1,000,000 (One Million Naira Only), in the case of death; life support benefit of between #250,000 ( Two Hundred and Fifty Thousand Naira only) and #1,000,000( One Million Naira Only), in the case of permanent disability due to accident; support for medical expenses in the sum of between #150,000 (One Hundred and Fifty Thousand Naira Only) and #500,000 (Five Hundred Thousand Naira only), in the case of non-permanent injury from accidents and burial support expenses of between #200,000 (Two Hundred Thousand Naira only) and #500,000 (Five Hundred Thousand Naira only), in the case of the burial of the policy holder.
While members are not under compulsion to take these policies, it is however strongly recommended because the inherent benefits that can be gained from them, especially in reducing the stress that people tend to undergo while dealing with the issues covered by these insurance products.
During the signing of the business agreement between ADSi Multipurpose Cooperative Society Ltd and Aguata Mass Transit Company at Onitsha today, ADSi Multipurpose Cooperative Society Ltd was ably represented by the Office Manager, Chief Victor Ilodigwe while Aguata Mass Transit Company was represented by the Managing Director of the Company, Mr. Mathew Ezeilo.
18 October, 2023
Fellow Cooperators, recall that we had set our growth projections for 2023 with the target of growing our membership to 600 persons by June 30 and then increasing to 1,000 by December 31, 2023.
We are happy to announce to you that we have successfully exceeded both targets. By June 30, our membership strength was 630 and by yesterday, being October 18, we exceeded the target set for December by achieving a membership strength of 1,003, thus exceeding the target two months ahead! Bravo!
ALet’s all be encouraged and motivated. Let us continue firing 🔥from all cylinders because our voyage is on course.
But let the indolent among us be inspired to roll up their sleeves and take a cue. This is the season of sowing; the harvest is coming. Remember that it is what you sow that you will also reap. If you sow NOTHING, you will also reap NOTHING.
We are persuaded differently than cultivating the tortoise mentality of seeking to prosper at other people’s expense. It will not work on this Platform. We are only interested in positive contributions.
You can write your own cheque now by living up to your financial obligations. Build up your own share portfolio by buying more shares, or through sweat equity!
Go all out on massive membership mobilization and recruitment. Target bringing in qualitative persons who will add value to our movement and reap a handsome reward in terms of sweat equity bonus.
We are making good progress.
ADSI-Coop… making a positive difference!