ATBUTH staff cooperative disburses N430m loan to members

Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH), Bauchi staff multi-purpose cooperative society has disbursed over N430m to its members as loan in the last three years. The outgoing Chairman of the society, Alhaji Nuhu Malam Nuhu disclosed this during the Annual General Meeting (AGM) and election of new leaders of the cooperative. Nuhu said the […]

Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH), Bauchi staff multi-purpose cooperative society has disbursed over N430m to its members as loan in the last three years.

The outgoing Chairman of the society, Alhaji Nuhu Malam Nuhu disclosed this during the Annual General Meeting (AGM) and election of new leaders of the cooperative.

Nuhu said the society had disbursed N71m to its members in 2015, N84m in 2016 and N275m in 2017, noting that the cooperative society was established in 2012 with aim of assisting its members with low interest loans to be paid in parts.

He added that members of the cooperative society were paying monthly contributions from their salaries and enjoying commissions periodically.

Earlier, the Chief Medical Director of the Hospital, Dr Alkali Mohammed commended members and leaders of the cooperative society for the initiative, assuring that the management of the hospital would continue to support the society at anytime.