BY OLAYINKA LATONA
As part of efforts to improve the welfare of members of staff of the Lagos University Teaching Hospital (LUTH) and College of Medicine, University of Lagos (CMUL), 28 members of the institutions’ Co-operative and Thrift Society have benefited from the latest car loan scheme procured in collaboration with Union Bank of Nigeria.

One of the beneficiaries of the LUTH/CMUL Co-operative & Thrift Society collecting the keys to her new car last week.
The cars, made up of different models, were distributed to the beneficiaries last week in a colourful ceremony by President of the local co-operative and thrift society, Mr. Olofin Taiwo, said the Society had been involved in making life worthwhile for its members by filling the gap in their domestic lives.
Taiwo explained that LUTH/CMUL Co-operative and Thrift Society deliberately
ventured into the project to uphold the image of its members.
According to him, the leadership of the society embarked on the project in the belief that the essence of establishing a co-operative society is to make life easier for co-operators by assisting them to acquire some items that would ordinarily be out of their reach.
He explained that the LUTH/CMUL co-operative society had earlier given out 44 vehicles, motorcycles and other household equipment to members, adding that it is ready to tackle various other challenges confronting members, especially those that can make members to get involved in corrupt practices.
Chief Medical Director, LUTH, Prof. Akin Osibogun, who was represented by the Deputy Chairman Medical Advisory Committee, Dr. Afolabi Lesi said he was happy that the society is assisting the hospital on the welfare of its members.
One of the beneficiaries, Mr. Sesan Odejimi of the Public Affairs and Information unit, CMUL sated: “I am very happy about this great achievement and it is a good thing. I felt very fulfilled and elated with the terms attached with it. The vehicle goes for N4,600,000 and I am to pay N50,000 monthly for the next five years,” he said.
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