Lagos State Cooperative Finance & Investment Society

…Each for all. All for Each! Empowering cooperators and communities with ethical financing.

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LASCOFIS customer service lobby

Friendly service, financial inclusion

Vision

To be a pace setter in cooperative financing, delivering mass credit and non-credit services to cooperators and non-cooperators.

Mission

To serve as a financing and investment resource center for members and non-members for cooperative growth in the state and beyond.

Core Objectives

Provision of credit facilities, investment advisory, savings mobilization, and capacity building for sustainable cooperative growth.

Governance & Administration

Board Composition

The ultimate authority is the Annual General Meeting. The Board comprises nine elected members, plus two representatives from Lagos State Ministry of Commerce and Lagos State Cooperative Federation Ltd.

Executive Leadership:

  • President Chairman
  • Vice President (Administration)
  • Treasurer (Finance)
  • General Manager (Operations)

Board of Trustees

Three members (President, VP, Treasurer) elected at AGM run daily activities with the GM. Each of the 21 Cooperative Unions is represented on the Board upon fulfilling share conditions of ₦600,000 or more.

President Vice President Treasurer

Our Facilities & Services

LASCOFIS Hall

Modern event space for cooperatives and public gatherings.

Premium Water

Pure, branded water for health and refreshment.

Guest House

Comfortable accommodation for members and visitors.

Bar & Waiting Lounge

Relaxing ambience for networking and leisure.

LASCOFIS Pavilion

Outdoor event space for cooperative activities.

Management Team

Mr Olufemi Obakoya

Mr. Olufemi Obakoya

President

Mr Wasiu Oyesola Rufai

Mr. Wasiu Oyesola Rufai

Vice President

Mrs Kuforiji Tolu

Mrs. Kuforiji Tolu

Treasurer

Board of Directors

Mr Fatoyinbo

Mr. Femi Fatoyinbo

Director

Mr Laja Shorunke

Mr. Laja Shorunke

Director

Pastor Adewale Adedokun

Pastor Wale Adedokun

Director

Ngozi Ibeziako

Mrs. Ibeziako Ngozi Ada

Director

Dina Olayiwola

Mr. Dina Olayiwola

Director

Ayodeji Oginni

Mr. Ayodeji Oginni

Director

Cooperative Digital Portals

Member Portal

Access savings, loans, dividends, and cooperative updates. Track contributions, apply for loans, monitor financial health 24/7.

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Cooperative Admin

Manage member records, approve loan applications, submit returns, and access federation resources from one dashboard.

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Super Admin

Oversight of all cooperatives, compliance analytics, federation-wide controls, multi-cooperative reporting, and audit logs.

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Be part of a thriving cooperative finance community.

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