THE IMPACT OF COOPERATIVE FARMING SOCIETIES IN THE DEVELOPMENT OF AGRICULTURE: A CASE STUDY OF OREDO LOCAL GOVERNMENT AREA OF EDO STATE. A RESEARCH PROJECT MATERIAL ON AGRICULTURAL SCIENCE
ABSTRACT
The study focuses on the impact of cooperative societies on agricultural production in the rural setting of Edo state. Results obtained from the interview shows that credit disburse to the farmers constitute serious administrative problem which is hindering the effectiveness of the scheme. The loans applied for and the amount approved and disbursed to the farmers are not enough to move, so there are no through supervision on the part of the official of the co-operative and the ministry of agriculture. Recommendation we made on how to solve these problems in the existing farmer’s co-operative societies. It was revealed that most of the respondents (80%) have made use of loan from one co-operative society or the other and also the access to loan and farming equipments has not been encouraging. To this effects some of the recommendation made was;(1) There should be a roaster or writing policy on the acquisition of loan and farming equipment so as the foster the accessibility to loan by the members.(2) There should be no bias in giving out of loans to members.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
In developing countries as in the case of Nigeria, Agriculture dominates the nation’s economy. It has been established that about to percent of Nigeria population is engaged in agriculture (Obasi and Aug, 2000) while 90 percent of Nigeria total food production comes from small farms and to percent of the country population earn their living from these small farms (Oluwatayo et al, 2008). The recent importation of food items into the country to make up for the short falls in food supply Is a dangerous indication of warning farm productivity and warning sign that if the nation continue with the business as usual, the prospect of food security will be black for million of people (Nwede 2003)
It terms employment agriculture is by far the most importance sector of Nigeria’s economy engaging about 70% of the labour force. Agricultural holding are generally small and scattered, family is often of the subsistence variety characterized by simple tools and shifting cultivation. These small farms produce about 80% of the total foods. About 30.7 million hectares (76 million acres) or 33% of Nigeria land area are under cultivation.
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THE IMPACT OF COOPERATIVE FARMING SOCIETIES IN THE DEVELOPMENT OF AGRICULTURE: A CASE STUDY OF OREDO LOCAL GOVERNMENT AREA OF EDO STATE. A RESEARCH PROJECT MATERIAL ON AGRICULTURAL SCIENCE
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