WABOTAN Creates N10million Multipurpose Corporative Society for Boat Operators

WABOTAN Creates N10million Multipurpose Corporative Society for Boat Operators

...to concretize the association’s organogram

The Waterfront Boat Owners and Transporters Association, WABOTAN,, has created a Multipurpose Corporative Society for it’s members in order to ameliorate their financial challenges in boat operations, even as the association in Apapa Lagos inaugurated it’s Lagos State executives to run all affairs of WABOTAN as it concerns the state.


According to the National President of WABOTAN, Mr. Tope Fajemirokun,  at the inauguration ceremony, stated that the Multipurpose Corporative Society has been officially inaugurated by the Lagos State Government two months ago., the least share a member can buy to join the Multipurpose Corporative Society is N25,000. 


“In an association, you cannot just be collecting money from your members, on the state level, they would ask you one question, what is your capacity?

He said the corporative society is coming up for us to generate more money and for our members to make more money.


“If you want to buy a Yamaha engine for your boat now, it is very expensive, but with this Corporate Society, you can run to the association to borrow money, use it for that purpose and pay back later, these are some of our plans.

“The Lagos State Corporative Society has inaugurated us two months ago. Our corporative executives are undergoing training, by Friday, they should be rounding up. This is to help out members, the least share a member can buy is N25,000”

According to the association, the capital share is also expandable if the N10million is exhausted.

The WABOTAN Lagos State newly inaugurated executives includes Comrade Doubrah Jacob as State Chairman, Abraham Mesu as Vice Chairman, State Secretary is Ganiyu Jinadu.

Others are; Aiyeyemi Omosuyi as State Assistant Secretary, Oluwaseyi Samuel as State Treasurer, William Emasoga as State Financial Secretary, the State Public Relations Officer is Ramon Babatunde, while the Provost is Daniel Abayo.


Fajemirokun said the step is necessary in order to concretize the association’s organogram.


“In this association, we have an organogram where we have the BOT, National, States and Zones. We are just coming up, the BOT has inaugurated the National body, so, today the National body is also inaugurating the state body so that they can carryout state activities, the National body cannot be everywhere, the State executives have to control matters concerning the state.

“We expect them to work closely with the Lagos State Government, regulators and boat operators at their own state level and their must not be any conflict of interest. As National President, I cannot be doing the work of state executives.

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