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Home»Business»COCOS Hotel Exclusively Owned By Correctional Cooperative Society—NCoS Official 
Business

COCOS Hotel Exclusively Owned By Correctional Cooperative Society—NCoS Official 

TheSightNews .By TheSightNews .May 15, 2024No Comments2 Mins Read
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By Gabriel Ameh, The Sight News 

Reports making the rounds in some sections of the media has it that the Nigerian Correctional Service (NCoS) has just built a magnificent hotel.

The said reports are not only misleading, but also targeted towards misinforming the public, a statement by the NCS Spokesperson, Assistant Controller of Corrections, A.D Umar noted on Monday.

According to Umar, for the avoidance of doubt, the said hotel was built in the year 2021 and it’s exclusively owned by the Correctional Cooperative Society (COCOS), a Cooperative Society for all personnel of the Service which was formed in the year 1996.

He noted that the Cooperative Society operates a Microfinance Bank that provides financial soft-landing to both serving and retired personnel with the aim of improving their welfare through the provision of soft loans and other financial services. 

The Cooperative Society, he said, also serves as a fallback welfare system for retired and deceased personnel, while those who have been dismissed from Service get back their due entitlements upon disengagement. 

“Presently, all such payments of entitlements to beneficiaries are up-to-date and the Cooperative Society has acquired housing estates, providing personnel, serving and retired, the opportunity to own personal houses without hassles”, he noted.

Additionally, he said the hotel has been opened for business since its establishment in 2021, and located along Bill Clinton Drive Airport Road, Abuja. 

“In terms of funding and day-to-day administration, the hotel is owned by COCOS and managed as a corporate entity and the hotel has so far provided employment opportunities for many youths, and attracted commendations from dignitaries both within and outside”, he said.

The Spokesperson revealed that the Minister of Interior, Dr. Olubunmi Tunji-Ojo in his familiarization tour of the Service’s National Headquarters upon assumption of office, commended the Service for the initiative of establishing the hotel and enjoined other institutions to emulate the Nigerian Correctional Service in this regards.

“The Controller General of Corrections (CGC) hereby advises the general public to disregard the said report as it is meant to cause chaos where none exists. He enjoins the public to patronize the hotel as it provides excellent services at competitive prices. 

“News reporters are, however, advised to confirm the sources of their information regarding the Nigerian Correctional Service via the Public Relations Officer as well as other official channels before publication”, the statement concluded.

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