THE ROLE OF THE FEDERAL GOVERNMENT IN CO-OPERATIVE FINANCING (A CASE STUDY OF NIGERIA AGRICULTURAL CO-OPERATIVE RURAL DEVELOPMENT BANK, IMO STATE BRANCH OFFICE)

THE ROLE OF THE FEDERAL GOVERNMENT IN CO-OPERATIVE FINANCING (A CASE STUDY OF NIGERIA AGRICULTURAL CO-OPERATIVE RURAL DEVELOPMENT BANK, IMO STATE BRANCH OFFICE)

ABSTRACT

The desire to make this humble contribution grew out of the to meet the fell need of promotion in Nigeria, this work has three potential aims

Firstly is to accreting the importance of co-operative to the national economy. Secondly is to determine the best method in promoting co-operative production. Thirdly, it solved them. Most countries of the world are studying very had to achieve the overall development of their countries they lend to adopt various development strategies. One common development strategy adopted by most development countries is diversifying of economy. This is more reason one co-operative like Nigeria should emphasis on co-operative production as means diversifying their economy they should not depend on oil alone to avoid an adverse unforeseen circumstance bearing this in mind, the writer of this book have emphasize on the best ways of encouraging farmers to continues with co-operative production through incentives and other necessary are that promote co-operative production.

TABLE OF CONTENTS

Title page ———————————————           i

Approval———————————————–   ii

Dedication———————————————   iii

Acknowledgement————————————-   iv

Abstract————————————————  v

Table of contents————————————–   vi

CHAPTER ONE

  • Introduction————————————- 1
    • Background of the study———————— 3
    • Statement of the problem———————- 5
    • Objective of the study————————– 6
    • Scope and limitation of the study————– 7
    • Research question—————————— 7
    • Significance for the study———————- 8
    • Definition of terms—————————– 8

CHAPTER TWO

  • Historical development of co-operative——– 10

2.2  Roles of co-operative in National development–   17

2.3  Co- operative financing————————             20

2.4  Government roles in co-operative financing —    25

2.5  Problems in financing of co-operative———-     27

CHAPTER THREE

  • Research methodology ————————- 30

3.1  Research method and Design——————            30

  • Sample design———————————- 30
  • Methods and sources of date—————— 31
  • Procedure for processing data—————— 32

CHAPTER FOUR

  • Presentation and analysis of data————– 33

4.1  Presentation of data—————————–    33

  • Analysis of data———————————- 39
  • Discussion of interpretation——————— 40

CHAPTER FIVE

  • Summary conclusion and recommendation — 42

5.1  summary—————————————-           42

  • Conclusion————————————– 43
  • Recommendation—————————— 44

Bibliography———————————-        46

Appendix————————————-        47

Questionnaire——————————–         49

CHAPTER ONE

1.1  INTRODUCTION

The choice of this topic, the role of the federal Government is co-operative financing can not be over liked at the present Economic situation of the country.

This is because of the fact that the issue of co-operative financing has reached all the likes and corners of Nigeria. The past and present regime emphasized on the best way of encouraging co-operation development through this does not mean that is needed for co-operative developments have been achieved. Rural and co-operative development has been strategies and plans in under way to articulate and executer of well to help improve the living standard of the rural population.

Development and economic growth is essential determine by the standard of living of both the rural and urban dwellers. We can not take of development and growth of Nigeria economy, neglecting the development of our rural one the experience and successes achieved by Israel, china, Tanzania and our spirits, interest enthusiasm and determination towards the development of our co-operative base. A well planned rural development is the answer to rural poverty ignorance superstition and congestion in city centers. A well articulated and planned rural condition to natural integrates co-operative development and economic growth. This will also create awareness and increase the economic standard of the rural population. And it eliminates such plagues as ignorance, poverty, poor standard of living and general backwardness associated with under development.

This issue of infrastructure development which pertinent to co-operative development will include out rural dwellers as long as the rural area are not developed. And one imagines what life electricity, pipe borne water, good road, networks, education facilities, viewing centers and other.

As this juncture, I wish to make it clear here that the Nigeria agricultural co-operative rural development bank (NACRDB) which I am studying renders both advisory and financial assistance to any farmer or group of farmers.

What (NACRDB) does includes

  • identify the interested farmers
  • Help them prepare feasibility study
  • Know their problems
  • Grant them loans (financial assistance)
  • Advise farmers on the best project to embank on

In the introduction, I wish to mention that the NACRDB imo branch office has embarked on many programs to educate the farmer within and outside Imo on the best way to promote co-operative development.

  • BACKGROUND OF THE STUDY
  • Co-operative agriculture is the growth of crops and raring of animals for human consumption. Crops include cash and food crops, seed, seedlings, it also includes those that engage in livestock, horticulture and orderly.

    On the ether hand, timber production, forestry conservation etc. are branches of co-operative have on single origin, this is true in the economic history of other countries all over nature and creation as Nigeria existed. Agricultural has farmed and feed them selves, kept flack before the advert of western civilization

    According to a famous book, encyclopedia Britannica nineteenth century scholars hypothesized four stages in man as co-operative development. These include.

    • A savage stage in which all man were hunters and wanderers
    • A Herdsmen, or normal stage during which the domesticated some animals
    • A farming stage
    • Civilization stage

    Sources; encyclopedia Britannia vii (A) 1981 pg 304 Botanical, and archeological and zoological researchers have since attempted to determine when and where man first change from hunter wanderers to pasturage cost or agriculturalist. These scholars and research generalized their findings world wide with the generalized the writer assumed that the same should be case with the historical development of co-operative in Nigeria social economic wise took the same turn.

  • https://www.modishproject.com/get-the-complete-research-project-topics-and-materials/

THE STRATEGIES FOR EFFECTIVE MANAGEMENT OF COOPERATIVE BUSINESS ORGANIZATION. (A CASE STUDY OF COOPERATIVE THRIFT AND LOAN SOCIETY LIMITED) FEDERAL POLYTECHNIC NEKEDE, OWERRI.

ABSTRACT

The strategies for effective management of cooperative business organization cannot be over emphasized since the failure or success of any business setting or establishment depends mainly on the efficiency or the strategies applied.

The ultimate objective of this study is to critically examine the strategies for effective management of cooperative business organizations in promoting the socio-economic condition of the members of the cooperative thrift and loan society limited, federal polytechnic Nekede, Owerri and Nigeria in general.

TABLE OF CONTENT

Title page

Certification page

Dedication

Acknowledgement

Abstract

Table of content

CHAPTER ONE

  • Introduction

1.1  General overview of the study

1.2  Statement of the problem

1.3 Objective of the study

1.4 Scope of the study

1.5  Research questions

1.6  Significance of the study

1.7  Limitation of the study

1.8  Definition of terms.

CHAPTER TWO

2.0  Literature review

2.1  Cooperative in Nigeria before 1935

2.2  History of cooperative societies in Nigeria

2.3  History of the society – History of the cooperative thrift and loan society limited, federal polytechnic Nekede, Owerri.

2.4  The objective of the society

2.5  Organizational structure of a typical cooperative society.

2.6  The concept of strategy

2.7  Implementive cooperative strategy

2.8  Evaluation of cooperative strategy

CHAPTER THREE

3.0  Research methodology

3.1  Research design

3.2  Population of the study

3.3  Sample size

3.4  Sampling Technique determination of sample size

3.5  Source of data

3.6  Method of data analysis

3.7  Validation of research instrument

3.8  Procedure for processing data.

4.0  Presentation and analysis of data

4.1  Presentation of data

4.2  Analysis of data

4.3  Interpretation of data

CHAPTER FIVE

5.0  Summary of findings, conclusion and recommendations

5.1  Introduction

5.2  Summary of findings

5.3  Conclusion

5.4  Recommendations

Bibliography/questionnaire

CHAPTER ONE

  • INTRODUCTION

1.1  GENERAL OVERVIEW OF THE STUDY

The continued existence of any business depends on its ability to formulate strategies.

Strategy means different things to different people. It generally means an integrated plan for accomplishing the objective of any organization. These parameters are of utmost importance to management or directors respectively. Strategies are necessary task for any firm that whishes to grow and survive, and it is the core concern of management leadership.

An organization strategic plan has to be clarified, comprehensive and integrative and designed to assure that the basic objectives of the enterprise are achieved (Glueck, 1976:3).

It is a managerial plan or process of developing and maintaining a fit between an organization and its changing opportunities.

It relies on developing a clear organizations missions, objectives and goals.

To Broke, (1980), an organizational strategy and product portfolio determines a sense of directions, a set of objectives and appropriate routes to achieve the objectives.

This “sense of director” refers to basic organizational missions or purpose while “appropriate routes refer to plans”.

This research study streamlines the strategies for effective management of selected cooperative societies in Owerri West Local Government Area. The cooperative thrift and loan society limited, federal polytechnic Nekede, Owerri.

Management process involves:

  1. Strategic planning
  2. Capability planning
  • Real time response issue management
  1. Management of strategic change.

Strategy deals with the relevant and critical issue that affects the organization as a whole.

We defined strategy as an integrated plan for accomplishing organizational objectives. We also define strategic management as the translation of strategic plans into result (Hill 1987:3). It involve the examination of the organization internal and external environment to determine its strength and weakness (in its internal environment opportunities and threats in its environment). This gives the acronym: SWOT. The process is shown in the diagram below.

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THE VIABILITY OF COOPERATIVE SOCIETIES AS BUSINESS ORGANIZATION IN AHIAZU MBAISE LOCAL GOVERNMENT AREA OF IMO STATE.

 THE VIABILITY OF COOPERATIVE SOCIETIES AS BUSINESS ORGANIZATION IN AHIAZU MBAISE LOCAL GOVERNMENT AREA OF IMO STATE.

ABSTRACT

The objective of this research was to find out how cooperative societies in Ahiazu Mbaise local government area are viable in their business transactions. This research was to present a conceptual framework which can reflect the paradigm for the capability and viability of cooperative societies as a business organization. The study consists of 40 cooperative societies selected from the said local government area out of a population of 92 registered cooperative societies in Ahiazu Mbaise local government area. It was found that cooperative societies are viable in some parts of the area and are not viable in some part pf the area in Ahiazu Mbaise local government area. Those not performing well were attributed to several problems facing their societies. These problems are poor funding which the major constraint to the viability of cooperative as a business organization, managerial incompetence, lack of basic infrastructure, lack of members’ education and members’ commitment, high level of illiteracy among the members, etc. Those that are viable were attributed to the following; provision of proper education to the members to improve their various business activities, cooperative help members to improve their economic well being thereby raising their standard of living, few members of cooperative obtained government’s assistance and majority of the members have years of experience in cooperative. This shows that many of the members know what cooperative is all about and the benefits of being a member. Cooperative societies in Ahiazu Mbaise local government area are profitable due to proper management and proper planning of the business, thus making cooperative as a business organization to be viable. Based on these findings, some recommendations were made.

TABLE OF CONTENTS

Title page                                                                         i

Certification                                                                     ii

Dedication                                                                       iii

Acknowledgement                                                            iv

Abstract                                                                           vi

Table of content                                                               vii

CHAPTER ONE

  • Introduction 1

1.2     Statement of the Problems                                                          7

1.3     Objectives of the Study                                                               8

1.4     Scope of the Study                                                                     9

1.5     Hypothesis                                                                                9

1.6     Significance of the Study                                                             10

1.7     Limitation of the Study                                                               11

  • Definition of Terms 12

CHAPTER TWO

2.0     Literature Review                                                                       13

2.1     History of co-operative societies                                                  14

2.2     Definitions and meaning of co-operative movement                       16

2.3     Principle guiding the operation of co-operative societies                 23

2.4     A co-operative option                                                                 27

  • Economic and social viability in societies 29

CHAPTER THREE

3.0     Research Methodology                                                                33

3.1     Sources of Data                                                                          33

3.2     The Population/sample size determination                                     33

  • Sampling techniques 35
  • Instrument 36
  • Limitations to Data Collection 36
  • Method of Data Analysis 37

CHAPTER FOUR

4.0     Presentation, Analysis of Data                                                     39

4.1     Presentation of Data                                                                   39

4.2     Analysis of Data                                                                         42

4.1     Test of hypothesis                                                                      58

 

CHAPTER FIVE

5.0     Summary, Conclusion and Recommendation                                  69

5.1     Summary                                                                                   69

5.2     Conclusion                                                                                 71

5.3     Recommendations                                                                      72

Bibliography                                                                              76

Appendix                                                                                   78

CHAPTER ONE

1.0  INTRODUCTION

The modern type of cooperative was introduced formally into Nigeria by the then colonial administration in 1935. The British colonial government had in 1904 introduced the cooperative movement in India, which was one of the British colonies then.

The same 1904 was the year the then colonial government in India enacted a cooperative law in India. Following the successes recorded in India, the British colonial government in Nigeria tried to experiment the introduction of cooperative in Nigeria.

The same year, 1935, cooperative movement in Nigeria was born. First step was taken by the then colonial government in Nigeria to enact the Nigerian cooperative societies ordinance.

Before the formal introduction of cooperative in Nigeria, there had been moves by various groups and individuals to organize what looked like cooperative societies. During the early nineteen thirties, the cocoa farmers in the Western part f Nigeria were organized in to small cooperative societies. The initiative was taken by the then ministry of Agriculture. These cooperative societies could be described as the fore runners of modern agricultural cooperative societies. Though they used the name cooperative, they did not operate really under the cooperative principles as they were not guided by any cooperative law.

The colonial government tried to investigate the possibility and desirability of introducing the cooperative movement into their Nigerian colony. Thus, 1933, the government invited a cooperative expert, Mr. C. F. Strickland, from India and requested him to make an investigative tour of Nigeria and to advise the then Nigerian government on the desirability and possibility of Nigeria. Mr. C. F. Strickland carried out the investigation and submitted his report on the 17th April, 1934. In his report titled, “Report on the introduction of cooperative societies in Nigeria” he strongly recommended the introduction of the cooperative movement in the colony of Nigeria, maintaining that cooperative societies would help to improve the economic and social conditions of Nigerians and among others; the report was accepted by the government. After the acceptance in 1935, the government enacted the first Nigerian cooperative societies’ law, while in 1936; regulations were drawn up to guide the running of cooperative societies. The Nigerian cooperative societies law was fashioned after the cooperative societies law operating in India, which was another British colony at that time. Cooperative cocoa societies started in the Western part of Nigeria.  1938, workers formed cooperative thrift and loan societies in the Eastern and Western parts of Nigeria.

In 1936, Major E. F. G. Haig was appointed the first registrar of cooperative societies in Nigeria. His legacy to the Nigerian cooperative movement thereafter, was nothing short of complete government control. Thus, control continued from the colonial time till date.

In 1937, Mr. J. U. Eka, was appointed as the first inspector of cooperative societies in Eastern Nigeria and he worked in Calabar province.

As soon as the cooperative movement was introduced into the country, it started to grow. By the end of 1944, there were one hundred and eighty one (181) cooperative societies in Nigeria.

The history of cooperative movement in Nigeria has been one of continuous growth. For better appreciation, it is grouped into three stages:

  1. The stage that describes the introduction or birth of the movement to the Rochdale centenary conference held in Lagos in August 1944.
  2. The stage that describes the regionalization of the movement in 1951 and
  3. The stage that describes the period of consolidation.

After the birth of cooperative in Nigeria, the Rochdale Centenary conference was held in Lagos starting from 8th August, 1944, for three days. The then registrar of cooperatives invited delegates from all the cooperative societies in the country to the conference.

The conference was formally opened by an address by His Excellency, Sir. Arthur Richard, the then Governor–General of Nigeria. The aim was to join British cooperators and celebrate the centenary of the first successful cooperative venture of the Rochdale pioneers.

Based on the above, one can safely ask does cooperative societies achieve all the set objectives?

  • What are the impediments to the achievement of these objectives?
  • How can cooperative societies stand firmly as business organization or as social organization or both?

The conduct of this research was motivated by the questions already posed whether or not cooperative societies achieve objectives with which they are set and if not, what are the obstacles that hinder the progress of these societies. In other words, are cooperative societies viable as business organizations in Ahiazu Mbaise Local Government Area of Imo state?

Based on the findings, the researcher will advance some recommendation that would lead to the improvement of the performance of these cooperative societies in the local government in particular and the society in general.

The researcher tends to find out ways cooperative societies are successful as other business organization. The success can be seen as providing functional education, social amenities, infrastructure, agricultural development, etc.

To this end, this study is geared towards finding out the viability of cooperative society as business organization inAhaizu Mbaise Local Government Area of Imo state and find out those rodent that hinder the viability by finding out possible solution to ensure the growth of cooperative business organization.

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THE ROLE OF CONSUMER CO-OPERATIVE IN ECONOMIC DEVELOPMENT(A CASE STUDY OF NKWERE LOCAL GOVERNMENT IN IMO STATE)

THE ROLE OF CONSUMER CO-OPERATIVE IN ECONOMIC DEVELOPMENT(A CASE STUDY OF NKWERE LOCAL GOVERNMENT IN IMO STATE)

ABSTRACT

This research project is on “ the role of consumer co-operative societies in Economic development”. A case study of the consumer co-operative societies in Nkwere Local Government Area of Imo state.

The ultimate objective of this study is to critically examine the impacts and roles which consumer co-operative play in promoting the socio-economic condition of people of Nkwere local government area of Imo state.

Total population of 69 was chosen and sample size of 58 was selected.

A survey research was used for this study, research questions were distributed and some were used. The questionnaire were analyzed and converted to percentages.

Based on the data collected, some deductions were made.

However, the researcher hoped that the suggestions and deductions of the study will be considered by the relevant authorities, they may encourage enthusiasm and improvement in the consumer co-operative societies in Nkwere and society at large.    

TABLE OF CONTENTS

Title page ————————————————–i

Certification————————————————-ii

Dedication————————————————–iii

Acknowledgement ——————————————iv

Abstract —————————————————–v

Table of contents ——————————————-vi

 

CHAPTER ONE

1.0 INTRODUCTION—————————————1

1.1 Background of the Study——————————–1-2

1.2 Statement of Problem ————————————-3

1.3 Objectives of the Study———————————4-5

1.4 Scope of the Study—————————————-5

1.5 Research Question————————————–5-7

1.6 statement of Hypothesis ——————————————–7

1.7 Significance of the Study ——————————————-8

1.8 limitation of the study———————————————-8-9

1.9 Definitions of Terms——————————————–9-11

CHAPTER TWO

2.0 THE REVIEW OF RELATED LITERATURE ———12

2.1 Definition and Origin Of Consumer Co-Operative——-13-16

2.2 Sources of Funds In Consumer Cooperative Societies-16-18

2.3 Managing Consumer Cooperative Societies ————-19-20

2.4 How Consumer Cooperative came to Nigeria ———21-22

2.5 types of consumer Cooperative Societies in Nkwere Local Government Area.—————————-23-26

2.6 Achievement of the consumer cooperative societies in Nkwere local government area.——————-26-29

CHAPTER THREE

3.0 RESEARCH METHODOLOGY ——————————–30

3.1 Introduction ——————————————————30

3.2 Research Design———————————————–30-31

3.3 Sampling Design ———————————————-32-33

3.4 Method Of Data Collection————————————-33-35

3.5 Method Of Analysis ———————————————–36

CHAPTER FOUR

4.0 PRESENTATION AND ANALYSIS OF DATA—————–37

4.1 Presentation Of Data ———————————————38

4.2 Analysis Of Data ———————————————-38-48

4.3 Test Of Hypothesis ——————————————-49-54

4.4 Discussion Of Results —————————————-54-55

CHAPTER FIVE

5.0 SUMMARY CONCLUSION AND RECOMMENDATION——-56

5.1 summaries ——————————————————–56

5.2 conclusions——————————————————56-57

5.3 Recommendation———————————————–58-59

Bibliography ———————————————-

Appendix ————————————————–

CHAPTER ONE

  • INTRODUCTION

1.1  BACKGROUND OF THE STUDY

Co-operative according to Samuel. C. Chuwku (1990:1) is a generic term. Any form of association of two or more persons working together to achieve some aim or aims, such  working together  may be on a formalized or informal basis, economic or non economic.

Furthermore, consumer co-operative society according to Helm F.C (1968:2) is defined as “An organization formed to supply members’ households with suitable assortment of consumer goods of good quality and at reduced price, thus increasing the member’s income and their standard of living.”

The first successful co-operative that ever existed was the Rochdale equitable pioneers of 1844.

However, the consumer co-operative societies in Nkwere local government area concerned with the empowerment  of members whose coherence and vitality are derived from the concept of service to members and to the community. Consumer co-operative societies in Nkwere loca government area continue to exist because of the unfair prices charged by the middlemen, which was beyond the reach of income earners.

However, the various consumer co-operative societies in Nkwere local government area came as a result of exploitation in the economic system, commodities were not sold in good weight and measures, standard were not kept,  prices of commodities were not fair, and exploitation existed in different forms.

Furthermore, because of the above irregularities, the people of Nkwere local government came together (those with common economic interest)to look for ways to improve their standard of living. It therefore led to the formation of various consumer co-operatives in Nkwere local government, with the existence of these consumer co-operative societies in  Nkwere, income per capital of people was increased and the co-operatives have come to rescue the people and have contributed to the development of the economy of the people.

1.2 STATEMENT OF PROBLEMS

There are series of problems that arises in the economic development of Nkwere local government.

This study will find out how the economic development of Nkwere local government will be improved and contributed more meaningful to the standard of living of the people.

Some of the problems encountered by the people of Nkwere local government can be stated as follows;

This project work emphasizes the facts that the existence of consumer co-operative societies in Nkwere local government area is not futility.

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THE IMPORTANCE OF CO-OPERATIVE AND EDUCATION IN EFFECTIVE MANAGEMENT OF CO-OPERATIVE ENTERPRISES (A CASE STUDY OF STUDY OF CO-OPERATIVE ECONOMICS SELECTED MINISTRIES IN IMO STATE).

THE IMPORTANCE OF CO-OPERATIVE AND EDUCATION IN EFFECTIVE MANAGEMENT OF CO-OPERATIVE ENTERPRISES (A CASE STUDY OF STUDY OF CO-OPERATIVE ECONOMICS SELECTED MINISTRIES IN IMO STATE).

ABSTRACT

There has been a general remark that co-operative are major tools for the development of economy,  the importance of co-operative education and communication has helped the members to contribute effectively to the development of the co-operative and management of co-operative enterprise. The review of related literatures section of this research work will consists of a selection of various professions to this work. They include several definitions and reviews centered on the co-operative education and communication. Data were collected from the population of the study which is 202 and the sample technique which was applied. The project covers the analysis of the role and importance of co-operative education ineffective management of co-operative enterprises. The research employed a descriptive design and Yaro Yemen techniques was adopted to select the sample size3 both primary and secondary sources of data were used, while a structured questionnaire was the main research instrument used.

The findings reveals that the role of co-operative  education in effective management because the co-operative  societies lack adequate fund to embark los such education programme that can effectively enhance efficient performance of the management of co-operative  development in Imo state.

TABLE OF CONTENTS

TITLE PAGE                                                                 i

APPROVAL PAGE                                                          ii

DEDICATION                                                               iii

ACKNOWLEDGEMENT                                                   iv

ABSTRACT                                                                   v

TABLE OF CONTENTS                                                   vi

CHAPTER ONE

1.0 INTRODUCTION

1.1 BACKGROUND OF THE STUDY

1.2 STATEMENT OF THE PROBLEM

1.3 OBJECTIVES OF THE STUDY

1.4 RESEARCH QUESTIONS

1.5 SIGNIFICANCE OF THE STUDY

1.6 SCOPE OF THE STUDY

1.7 LIMITATION OF THE STUDY

1.8 DEFINITION OF TERMS

CHAPTER TWO

2.0 LITERATURE REVIEW

2.1 MEANING AND CONCEPT OF THE ROLE AND IMPORTANCE OF COOPERATIVE EDUCATION.

2.2 IMPORTANCE AND ROLE OF COOPERATIVE EDUCATION

2.3 THE NEED FOR THE ROLE AND IMPORTANCE OF COOPERATIVE EDUCATION

2.4 THE CONCEPT COMMUNICATION

2.4.1 BARRIERS OF COMMUNICATION IN COOPERATIVE BUSINESS ENTERPRISES.

2.5 IMPORTANCE OF COMMUNICATION IN COOPERATIVE BUSINESS ENTERPRISES.

2.6 GACTORS THAT MILITATE AGAINST THE ROLE AND IMPORTANCE OF COOPERATIVE EDUCATION.

CHAPTER THREE

3.0 RESEARCH METHODOLOGY

3.1 THE STUDY AREA

3.2 POPULATION OF THE STUDY

3.3 SAMPLE AND SAMPLE SIZE

3.4 SAMPLE TECHNIQUE

3.5 METHOD OF DATA COLLECTION

3.6 DESCRIPTION OF THE DATA COLLECTION INSTRUMENT

3.7 VALIDITY AND RELIABILITY OF RESEARCH INSTRUMENT

3.8 METHOD OF DATA ANALYSIS

CHAPTER FOUR

4.0 PRESENTATION AND ANALYSIS OF DATA

4.1 INTRODUCTION

4.2 PRESENTATION OF DATA

4.3 ANALYSIS OF  DATA

4.4 INTERPRETATION OF DATA

CHAPTER FIVE

5.0 SUMMARY, CONCLUSION AND RECOMMENDATION

5.1 INTRODUCTION

5.2 SUMMARY OF FINDINGS

5.3 CONCLUSION

5.4 RECOMMENDATION

BIBLIOGRAPHY

APPENDIX

QUESTIONNAIRES

CHAPTER ONE

1.0 INTRODUCTION

1.1 BACKGROUND OF THE STUDY

The role and importance of cooperatives is one of the cooperative principle which seek to provide educational training for cooperative members, elected and representative, manager and employee, so that they can contribute effectively to the development of their cooperatives. Its importance cannot be overemphasized in cooperative development, the role and importance of cooperative education stand in the centre of the cooperative movement.

From the inception of early cooperative Rochadale the pioneers of the world cooperative movement, one of the unique tasks, embarked was philosophy and practice of cooperative, even in recent review of cooperative principle in 1966 the traditional co-operative alliance “ICA” re-sated the role and importance of co-operative education as on e of the cardinal principle cooperation. The co-operative rules, laws and bye-laws of respective co-operative societies and the 1993 co-operative decree stipulated that some percentage of co-operative society surplus should be kept aside for committee members in a body of elected members in co-operative society who handles the affairs and the day to day running of co-operative business enterprise. The importance of management in any organization is axiomatic. The success or failure of an organization dependent to a great extent on quality of the management committee.

Therefore officer and management of co-operative business enterprise required a more technical education/training to be able to control the management. Moreover, in order to alleviate the problem of illiteracy, ignorance of member, misconduct and poor management, the role and importance of co-operative education and management cooperation development in Imo state must be tenaciously pursued.

1.2 STATEMENT OF THE PROBLEM

Generally, history of co-operative education in the development countries of the world reveals that the main cause of rickety. Foundation of co-operative is lack of the importance of co-operative education. Lack of the  role and importance of co-operative education induces disloyalty of members, high incidence of over due and unpaid loans, low attendance at meeting, ignorance of members proposals, poor members relations, bad management, low productivity resulting in little or no surplus, poor public image, inability to change with the times and other harmful results.

Lack of education/training and business in experienced limits, the effectiveness of managers, president, secretaries, treasures and other management committee members. Quite often, some together as members pools and importance of co-operative education to equip them for an effective education to equip them for an effective task. Some co-operative societies due to their small size, low membership find it difficult to raise fund sufficient to organized or sponsored special training programmed for their management of co-operative development in Imo state, the role and importance of co-operative education programmed could be taught through seminars, conferences or relevant courses institution of high learning.

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THE RELEVANCE OF MICROFINANCE COOPERATIVE ENTERPRISE DEVELOPMENT [A CASE STUDY OF IMO STATE COOPERATIVE FINANCE ASSOCIATION LIMITED (ISCFA)]

THE RELEVANCE OF MICROFINANCE COOPERATIVE ENTERPRISE DEVELOPMENT [A CASE STUDY OF IMO STATE COOPERATIVE FINANCE ASSOCIATION LIMITED (ISCFA)]

ABSTRACT

Against the background of severe and high incidence of poverty in Nigeria, the past Nigeria governments have established institution to ameliorate and alleviate this un-presented poverty in the land.

Among the institutions established by the previous administrations are as follows. Operation Feed the Nation (OFN) of Gen. Obasanjo 1979, Green Revolution of Shehu Shagari, 1982, Structural Adjustment Programme (SAP) of Gen Babangida 1985, Better Life Programme (BLP) of Dr. Mrs. Mariam Babangida, Agricultural Credit Guarantee Scheme fund. Etc, these programmes were aimed at boosting the agricultural production of the citizenry and raising the standards of living of the people.

In spite of all these moves it has been discovered that most small scale enterprises and medium business organizations which cooperative organization belong to, do not have access to adequate financial service.

To this end, the CBN, on 15th of December 2005, launched a Micro Finance Policy which is also aimed to enhance and boost economic activities of small business.

In this work or study, I shall consider the all importance of microfinance, and how it promotes the activities of cooperative businesses.

TABLE OF CONTENTS

Cover page ………………………………………………………………. i

Title Page…………………………………………………………………ii

Approval page………………………………………………………… iii

Dedication ………………………………………………………………iv

Acknowledgement ………………………………………………………..v

Abstract …………………………………………………………………vi

Table of content…………………………………………………vii-viii

CHAPTER 1

        1.0    Introduction

        1.1    General Overview of the Study

1.2    Statement of the problem

1.3    Objective of the study

1.4    Scope of the study

1.5    Hypothesis

1.6    significance of the study

1.7    limitation of the study

1.8    Definition of terms

 

CHAPTER 2

        2.0    Literature review

        2.1.   Introduction

2.2.   Microfinance defined

2.3.   Microfinance activities

2.4    Microfinance institution

2.5    Microfinance institution banking in Nigeria

2.6    Microfinance & co-operative as framework for development enterprise

        2.7    Conclusion

CHAPTER 3

3.0    Research methodology

3.1    Introduction

3.2    Research design

3.3    Sampling design

3.4    Method of data collection

3.5    Procedure of processing data

CHAPTER 4

4.0    Presentation and Analysis of data

4.1.   Introduction

4.2    Presentation of data

4.3    Analysis of data

4.4    Decision for test of hypothesis

4.5    Sample size

CHAPTER 5

5.0    Summary, Conclusions and recommendations

5.1.   Introduction

5.2    Summary  of Finding

5.3    Conclusions

5.4    Recommendations

Bibliography

Appendix

Questionnaire

CHAPTER ONE

1.0   INTRODUCTION

1.1   GENERAL OVERVIEW OF THE STUDY

It has been estimated that there are 500 million economically active poor people in the world operating small scale and medium businesses. Most of them do not have access to adequate financial services.

Microfinance services are financial services that poor people can qualify for. More broadly, it refers to a movement in which as many poor and near-poor household as possible have permanent access to.

Theoretically, microfinance encompasses any financial service used by poor people including those they access in the informal economy, such as loans, from a village money lender. In practice, however, the term is usually only used to refer to institutive and enterprises whose goods include both finance and empowerment of the poor.

The concept of the credit union was developed by Friedrich W. Raiffeisen and his supporters. Their altruistic action was motivated by concern to assist the rural population to break out of their dependence on money lenders and to improve their welfare.

Although much progress has been made, the problem has not been solved yet, and the overwhelming majority of people who earn less especially in rural areas, they lack access to formal financial leverage.

The concept of modern microfinance was developed in 2004 by consultative group to assist the poor (CGAP) and endorsed by the group of eight leaders at the G8 Summit on June 10th 2004.

(Christian, Robert Peck, Jayadeva, Vena and Rosenbery. Financial institutions with a double bottom line, consultative group to assist the poor from encyclopedia Washington 2004). The practical of microfinance in Nigeria is culturally rooted and dates back to several centuries.

They are mainly of the informal self – help group (SHGs). Rotating savings and credit Association (ROSCAS), savings collectors and cooperative thrift savings societies.

These informal financial institutions generally have limited resources to meet up with the demand. In order to enhance the flow of financial service to Nigerian rural areas, government has in the past initiated a series of publicly financed micro/rural credit programmes and policies targeted at the poor.

Notable among such programmes were the rural Banking programme, Agricultural credit guarantee Selene Fund (AGSF) Nigeria Agric Agricultural Cooperative and Rural Development Bank (NACROB) Nigeria Directorate of employment (NDE), Community Bank (CBS) and family Economic Advancement Programme (FEAP)

In 2000, the federal government merged the NACB, PBN and FEAP to form the Nigeria Agricultural cooperative and Rural Development Bank Limited (NACRDB) to enhance the provision of finance to the agricultural and cooperative sectors.  It also created the National poverty eradication programme (NAPEP) with the mandate to provide material and equipment training.

Though these services have made several impacts in the economy, their activities were short lived due to the unsustainable nature of the programme.

1.2   STATEMENT OF THE PROBLEM

Microfinance has evolved as an economic development approach intended to benefit low income businesses.

Most small and medium businesses do not have access to funds, yet microfinance scheme is created to meet sustained demand in the management of microfinance, and such problems are identified as following:

  • Some microfinance institutions target a segment of the population that has no access to business opportunities.
  • Poor management constraint of some microfinance scheme.

payment

THE IMPACT OF THRIFT AND CREDIT COOPERATIVE SOCIETY ON WORKERS WELFARE AND PRODUCTIVITY IN AN ORGANIZATION(A CASE STUDY OF NBC THRIFT AND CREDIT COOPERATIVE SOCIETY OWERRI)

THE IMPACT OF THRIFT AND CREDIT COOPERATIVE SOCIETY ON WORKERS WELFARE AND PRODUCTIVITY IN AN ORGANIZATION(A CASE STUDY OF NBC THRIFT AND CREDIT COOPERATIVE SOCIETY OWERRI)

ABSTRACT

There has been a statement, observation and agreement on the fact that co-operative societies are formed mainly for the betterment of the economic and social conditions of the members whether they operate on isolation or individual. Infact, the strength and weakness of cooperative societies Nigeria can be accessed through their ability to maintain stable prices of essential commodities and service are made available in the right market at the right time in order to meet up with the right demand level of consumer at a stable or reasonable price in the state, they have to be provided with adequate strong facilities, raw material and enough credit facilities (Funds from financial institutions). The state government should help in educating the member of co-operative societies, since some of them are illiterate members, they can be reached through the use of media organizations or through their co-operative societies informing them the importance of co-operative and the need to improve production and marketing of goods and services.

TABLE OF CONTENTS

Title page                                                                     i

Approval page                                                               ii

Dedication                                                                    iii

Acknowledgment                                                           iv

Abstract                                                                       v

Table of content                                                            vi

CHAPTER ONE

  • Introduction

1.1  Background of the study

1.2  Statement of the problem

1.3  Objective of the study

1.4  Research question

1.5  Significance of the study

1.6  Scope of the study

1.7  Limitation of the study

1.8  Definition of terms

CHAPTER TWO

  • Literature review

2.1  Introduction

2.2  Meaning and scope of cooperative

2.3  Impact of cooperative in promoting workers welfare

2.4  Cooperative and human resources empowerment

2.5  The concept of welfare management in cooperative

2.5  Challenges of credit allocation to cooperative members

CHAPTER THREE

  • Research design and methodology

3.1  Introduction

3.2  Research Design

3.3  Sources / method of data collection

3.4  Population and sample size

3.5  Sample technique

3.6  Validity and reliability of measurement instrument

3.7  Method of data analysis

CHAPTER FOUR

  • Presentation and analysis of data

4.1  Introduction

4.2  Presentation of data

4.3  Analysis of data

4.4  Interpretation of results

CHAPTER FIVE

  • Summary, conclusion and recommendations

5.1  Introduction

5.2  Summary of findings

5.3  Conclusion

5.4  Recommendations

References

appendix

CHAPTER ONE

  • INTRODUCTION

Cooperative society is a voluntary association of persons with a common need who come together and pulls their resources together to form a capital base necessary for their members. It has been long being a human characteristics to form association to provide essential commodities shelters employment and other forms of mutual support, mutual benefits derivable by families and individuals working together at harvest or other agreed times control be seen in many communities around the world being a way to recognize manpower to achieve a particular purpose for example building houses, digging wells or other communal facilities.

Membership is open to the resident of a particular locality and it is society that one agree to join nobody persuade anybody to join, this is so because it is the society that will help to achieve people common needs.

Individuals always like to associate in as much as association will bring about improvement in their economic activities or such association as may served as a stepping stone in achieving of once desire of started goals. In cooperative individuals usually come in with their personal objective and such objective and such objective must be give to that of organization. Experience shows that cooperative organization are formed by lower and middle income earners with an aim of uplifting their standard of living.

As many people have said that the formation of cooperative is for poor people not for rich, it is true statement because no comfortable person will like to join association of pulling resources together. It is only for those who have common needs that can join this association in order to work collectively to achieve such needs which would not have been easily achieved by individuals.

1.1  BACKGROUND OF THE STUDY

The idea of forming a thrift and credit cooperative society to help its members to obtain credit and other monetary incentives is a step towards human capital empowerment and assistance. Nigeria Bottling Company Owerri thrift and credit cooperative society has been a cooperative with the passion of assisting its members to alleviate poverty and improve their standard of living through credit grants. The cooperative has been in existence for over 15 years and has operated with a strong success story. It was formed by a group staff in the Nigeria Bottling Company Owerri plant to assist its members. The idea is a big vision of poverty alleviation. The effect of poverty eradication program should be recommended and organizing the members into self help natures like the thrift and credit cooperative society, as a way of looking forward which is in consonance with government policies and programs is a welcome development.

Today, this organization has been noted a having become one of the fastest and largest growing cooperative society that has continued to empower its members to alleviate their suffering. Therefore, this research would examine the activities of this people was carefully and point out the impacts they have made in helping members who are workers of the company to improve their perception about work and propel them to give in their best thereby yielding greater productivity in the company.

payment

THE IMPACT OF CO-OPERATIVE BUSINESS TOWARDS INDUSTRIAL WORKERS.(A CASE STUDY OF ANAMMCO MULTI-PURPOSE CO-OPERATIVE SOCIETY LTD. ENUGU)

THE IMPACT OF CO-OPERATIVE  BUSINESS TOWARDS INDUSTRIAL WORKERS.(A CASE STUDY OF ANAMMCO MULTI-PURPOSE CO-OPERATIVE SOCIETY LTD. ENUGU)

ABSTRACT

This research is on appraisal of the impact of co-operatives business towards industrial workers. A case study of ANAMMCO multi-purpose co-operatives society ltd Enugu. In other words, it is designed to find out how the existence of co-operative society has been of economic benefit to industrial workers at ANAMMCO in Emene, Enugu.

Primary and secondary data for the study were collected and analyzed using oral interview, structured questionnaire and presented in tables using percentages.

Analysis of data collected revealed that ANAMMCO multi-purpose co-operative society has been of great benefits to it’s members. Through the co-operative, members obtain loans at low interest rates to meet up with their needs, buy goods at cheaper prices from the bulk purchase made by the association, save part of their income through the association, have a share in the profits generated by the co-operatives and get necessary encouragement in other self- help projects.

Management do not interfere with the activities of the co-operative society. It however, suggested that proper education training should be given to members and non-members by the appropriate authorities. This will help to create necessary awareness, and ensure the contained existence of the co-operative with the attraction of more members.

TABLE OF CONTENTS

Title page……………………………………………………………………………..i

Certification………………………………………………………………………….ii

Dedication…………………………………………………………………………..iii

Acknowledgement……………………………………………………………..iv

Abstract……………………………………………………………………………….v

Table of content………………………………………………………………….vi

CHAPTER ONE

  • Introduction………………………………………………………………1
    • Background of the study………………………………………….1-4
    • Statement of problem………………………………………………4-5
    • Objective of the study……………………………………………..5-6
    • Statement of hypothesis………………………………………….6-7
    • Significance of the study……………………………………………7
    • Scope of the study……………………………………………………7-8
    • Limitation of the study………………………………………………8-9
    • Definition of terms……………………………………………………9-12

CHAPTER TWO

  • Review of related literature ……………………………………….13
    • The meaning of co-operative society………………………..13-17
    • History of the first co-operatives society…………………..17-18
    • Objectives and plans of this society (Rochdale Equitable pioneers) …………………………………………………………………..8-20
    • The principles of this society (Rochdale pioneers)…..20-22
    • Co-operative values ………………………………………………….22-27
    • Historical background of workers co-operative movement in Nigeria …………………………………………………………………..27-31
    • Types of co-operatives………………………………………………31-35
    • Economic social and other benefits of cooperative society…………………………………………………………………………35-38
    • Historical background of ANAMMCO EMENE, ENUGU.38-40

CHAPTER THREE

  • Research design and methodology……………………………..41
    • Research design …………………………………………………………..41
    • population of study………………………………………………………41
    • Sample size…………………………………………………………………..41
    • Method of data collection………………………………………42-43
    • Methods of data analysis………………………………………43-44

CHAPTER FOUR

  • Data Presentation and Analysis…………………………………45
    • Data Presentation ……………………………………………………..45
    • Data Analysis…………………………………………………………46-56
    • Test of hypothesis…………………………………………………56-61

CHAPTER FIVE

  • Summary, Recommendations and Conclusion ……….62
    • Summary…………………………………………………………………..62
    • Recommendation……………………………………………………63-64
    • Conclusion…………………………………………………………………..65

Bibliography……………………………………………………………66-67

Appendix…………………………………………………………………68-70

CHAPTER ONE

  • INTRODUCTION
    • BACKGROUND OF THE STUDY

The modern co-operative movement being in England during the first part of the 19th century. There were many years of experimentation, and many failed attempts, before successful cooperative was established. The turning point came in 1844, when the first successful cooperative called the Rochdale society of equitable pioneer, was established in Rochdale City, an individual town close to Manchester.

Okonkwo (1989,6) describe the cooperatives movement  as “an invention of necessity originating from the evils of the industrial revolution” the device exploited by the suffering working classes of the industrial revolution to alleviate their pitiable condition.

It is a fact that the Rochdale Pioneers  organized their society in the day of the industrial Revolution 1750 – 1850, when factory owners or capitalists exploited workers bitterly in order to maximize profits. Workers retaliated with violence and strikes. Unemployment was high life-wages were extremely low, often below subsistence level. Wages were so low that child labour was common, children working to supplement the income of their parents. Workers had to survive on a weekly wage of six pence. Skilled workers may be paid two shilling a week. Life was hard that the decade become known as “the Hungry Forties”.

During this Hungry 40’s shop keepers on their own part make profits through adulteration of goods they sold.

Workers hired in over crowded shanties under the most in sanitary conditions. They worked for more than (12) hours a day in ill-ventilated factory buildings design to look like prison houses and  under conditions they were close to slave labour.

The anti-social effect of the industrial revolution resulted in widespread poverty and destitution described as “Pauperism”. With many depending on charity, while others died of malnutrition diseases and starvation.

In this respect, notable people like Robert Owen in England, William King, Charles Fouries, Lonis Blan both of France and Ernest Bader. These were the great Pioneers of industrial cooperatives in the world. Most of them were factory owners who formed at capitalism turn their factories into co-operative organization to enhance the quality and working relationship of both the employers and employees.

Industrial employees were most at times converted in to co-operative members and asked establish cooperative communities to fine together, work together share together, and help one another.

The aim of these great pioneers was to totally eliminate the exploitation of the workers by owners of capital and to permit the workers to reap fully the fruits of his or their labour.

That is why co-operatives are reap fully the fruit of his or their labour.

That is why co-operatives are regarded as a weapon to fight capitalism diversify the economy of a nation.

payment

THE EFFECT OF SUPERVISION IN COOPERATIVE ORGANISATION (A CASE STUDY OF FEDERAL POLYTECHNIC COOPERATIVE THRIFT AND LOAN SOCIETY LTD NEKEDE)

THE EFFECT OF SUPERVISION IN COOPERATIVE ORGANISATION (A CASE STUDY OF FEDERAL POLYTECHNIC COOPERATIVE THRIFT AND LOAN SOCIETY LTD NEKEDE)

ABSTRACT

This study was focused on the effect of supervise strategy on organizational performance, with particular study of cooperative thrift and loan society Nekede.

It would be necessary, however to note that owing to the present economic crunch it was difficult to appraise supervisor strategy as to its contribution to the dwindling performance of most business organizations, cooperative thrift and loan society in particular.

In all, the research has tried to view the review the relationship between the supervision at cooperative thrift and loan society on one land and their sub ordinary on the other hand. The outcome of this relationship was anglicized. It is believed that at the end of the successful conduct of this research, the effect of supervisory strategy on organizational performance would have been found; the influence of organization environment on supervisory strategy would have been unveiled. That the supervisor can positively influence workers attitude to enhance organizational performance besides, it would be able to give suggestions that will boast the subordinate’s moral and as well enhance organizational performance. At the end of this study,  the purpose of showing the effect of supervision strategy on organizational performance among would have been achieved.

The research through its findings and recommendations will no doubt contribute immensely towards creating a better working environment for both supervisors with leadership appropriate to ensuring subordinate compliance and higher organizational performance The study  will also raise the consciousness of both supervisors and subordinates in their various rational roles towards each other and enhancement of greater performance.

TABLE OF CONTENT:

Title page ——————————————————

Approval page————————————————–

Dedication——————————————————

Acknowledgement———————————————-

Table of contents———————————————–

CHAPTER ONE

1.0 Introduction———————————————–1

1.1 Background of the study/GENERAL OVERVIEW———2

1.2 Statement of the problem——————————–4

1.3 Research question—————————————–5

1.4 Delineation of the study———————————–5

1.5 Purpose of the study—————————————5

1.6 Significance of the study———————————-6

1.7 Organization of the work———————————-7

1.8 Definition of terms—————————————-7

CHAPTER TWO

2.0 Review of Related Literature—————————–9

2.1 Introduction———————————————–9

2.2 The position and role of the supervisor in cooperative–10

2.3 supervisory pattern and cooperative organizational

Performance———————————————-13

2.4 supervisory style and organizational effectiveness——16

2.5 Decision centralization, Participation and subordinate satisfaction————————————————20

CHAPTER THREE

3.0 Research methodology————————————-24

3.1 Introduction————————————————24

3.2 source of data Collection ———————————-24

3.3 Data collection Instrument ——————————–25

3.4 Text of validity and Reliability or data collection———-26

3.5 limitations —————————————————27

3.6 summary —————————————————-27

CHAPTER FOUR

4.0 Data Analysis and Research Presentation —————-29

4.1 Introduction————————————————29

4.2 Analysis or data——————————————-29

CHAPTER FIVE

5.0 Summary conclusion and Recommendation————-36

5.1 Summary of Findings————————————-36

5.2 Conclusion————————————————-39

5.3 Recommendation——————————————40

Bibliography—————————————————- 42

Appendix——————————————————- 44

Questionnaire ————————————————- 45

CHAPTER ONE

1.0 INTRODUCTION:

In the recent times, Treasure on cooperative organization to achieve their set goals and policies or face the ugly consequences of being liquidated by its owners has become an increasing necessity. Hence they strive to adopt a sound and workable supervisory strategy that will enhance a greater organizational performance.

Today, the corporation is currently witnessing articulated moves form to management to the top floor worker in a bid to translate strategic cooperation objective to specific orientated action that will eventually leads to goal attainment.

Beside, the key to the realization of cooperative strategy has in the ability of management to effectively transform strategic objectives to result oriented goals. Obviously this is where the missing links. Hence, the Primary measure of supervising success is the productivity of the supervisor work unit.

1.1 BACKGROUND OF THE STUDY

Supervisors   who would act as middlemen are responding for transmitting management plans, Programmes, policies and objective which becomes an indispensable tool for bringing the gap between supervision strategy and organizational performance. According to Gormlare (1972), managers cannot markets alone he needs assistance to fully meet the requirements for his current position and even assistance if he is going to rise to senior position within the organization. The importance of supervising leadership on organizational performance cannot be over emphasized.

This is because the character substance and style the supervisory leadership lead to high productivity and defer. It’s part of growth in an organization while inferior supervisory strategy is deterrent to output. Menses (1978:8) Hence is a consensus that regardless of method or system the example of practices of trained supervisors, leaders know how to evoke positive employee’s response to the attainment of their goals who have leaned how to gain and retain employee respect and support, have a worth beyond price to their organization, there are less than numerous agreement that has the boss and subordinate, there are less than numerous agreement that as the boss and subordinate are concerned authority and obedience is on longer than the name of the game. Yet there are still bosses and subordinates inside the organization, customer and citizen on outsides.

However, one thing that seem to emerge from all these debates is that effectiveness of supervision mercies (1978:10) holed that an effective supervisor should be able to do the following:

(i)     Spend his time as a supervisor in scheduling planning and training.

(ii)     Should not try to do the work of his subordinates.

(iii)  Respect them, stand up for them, give subordinates recognition, keep his subordinates informed and should be fair to them. It must therefore bear in mind that set objectives cannot be realized under an atmosphere devoid of competent and effective leadership and supervision.

Summarily, this constitutes the bulk of the entire study as the only effective means of ensuring organizational performance towards goals attainment.

payment

THE IMPACT OF CO-OPERATIVE TO OVERALL WELL BEING OF INDUSTRIAL EMPLOYEES.(A CASE STUDY OF ANAMMCO MULTI-PURPOSE CO OPERATIVE SOCIETY)

THE IMPACT OF CO-OPERATIVE TO OVERALL WELL BEING OF INDUSTRIAL EMPLOYEES.(A CASE STUDY OF ANAMMCO MULTI-PURPOSE CO OPERATIVE SOCIETY)

ABSTRACT

This research is on appraisal of the impact of co-operatives to overall well-being of industrial employees. A case study of ANAMMCO multi-purpose co-operatives society. In other words, it is designed to find out how the existence of co-operative society has been of economic benefit to industrial workers at ANAMMCO in Emene, Enugu.

Primary and secondary data for the study were collected and analyzed using oral interview, structured questionnaire and presented in tables using percentages.

Analysis of data collected revealed that ANAMMCO multi-purpose co-operative society has been of great benefits to it’s members. Through the co-operative, members obtain loans at low interest rates to meet up with their needs, buy goods at cheaper prices from the bulk purchase made by the association, save part of their income through the association, have a share in the profits generated by the co-operatives and get necessary encouragement in other self- help projects.

Management do not interfere with the activities of the co-operative society. It however, suggested that proper education training should be given to members and non-members by the appropriate authorities. This will help to create necessary awareness, and ensure the contained existence of the co-operative with the attraction of more members.

TABLE OF CONTENTS

Title page……………………………………………………………………………..i

Certification………………………………………………………………………….ii

Dedication…………………………………………………………………………..iii

Acknowledgement……………………………………………………………..iv

Abstract……………………………………………………………………………….v

Table of content………………………………………………………………….vi

CHAPTER ONE

  • Introduction………………………………………………………………1
    • Background of the study………………………………………….1-4
    • Statement of problem………………………………………………4-5
    • Objective of the study……………………………………………..5-6
    • Statement of hypothesis………………………………………….6-7
    • Significance of the study……………………………………………7
    • Scope of the study……………………………………………………7-8
    • Limitation of the study………………………………………………8-9
    • Definition of terms……………………………………………………9-12

CHAPTER TWO

  • Review of related literature ……………………………………….13
    • The meaning of co-operative society………………………..13-17
    • History of the first co-operatives society…………………..17-18
    • Objectives and plans of this society (Rochdale Equitable pioneers) …………………………………………………………………..8-20
    • The principles of this society (Rochdale pioneers)…..20-22
    • Co-operative values ………………………………………………….22-27
    • Historical background of workers co-operative movement in Nigeria …………………………………………………………………..27-31
    • Types of co-operatives………………………………………………31-35
    • Economic social and other benefits of cooperative society…………………………………………………………………………35-38
    • Historical background of ANAMMCO EMENE, ENUGU.38-40

CHAPTER THREE

  • Research design and methodology……………………………..41
    • Research design …………………………………………………………..41
    • population of study………………………………………………………41
    • Sample size…………………………………………………………………..41
    • Method of data collection………………………………………42-43
    • Methods of data analysis………………………………………43-44

CHAPTER FOUR

  • Data Presentation and Analysis…………………………………45
    • Data Presentation ……………………………………………………..45
    • Data Analysis…………………………………………………………46-56
    • Test of hypothesis…………………………………………………56-61

CHAPTER FIVE

  • Summary, Recommendations and Conclusion ……….62
    • Summary…………………………………………………………………..62
    • Recommendation……………………………………………………63-64
    • Conclusion…………………………………………………………………..65

Bibliography……………………………………………………………66-67

Appendix…………………………………………………………………68-70

CHAPTER ONE

  • INTRODUCTION
    • BACKGROUND OF THE STUDY

The modern co-operative movement being in England during the first part of the 19th century. There were many years of experimentation, and many failed attempts, before successful cooperative was established. The turning point came in 1844, when the first successful cooperative called the Rochdale society of equitable pioneer, was established in Rochdale City, an individual town close to Manchester.

Okonkwo (1989,6) describe the cooperatives movement  as “an invention of necessity originating from the evils of the industrial revolution” the device exploited by the suffering working classes of the industrial revolution to alleviate their pitiable condition.

It is a fact that the Rochdale Pioneers  organized their society in the day of the industrial Revolution 1750 – 1850, when factory owners or capitalists exploited workers bitterly in order to maximize profits. Workers retaliated with violence and strikes. Unemployment was high life-wages were extremely low, often below subsistence level. Wages were so low that child labour was common, children working to supplement the income of their parents. Workers had to survive on a weekly wage of six pence. Skilled workers may be paid two shilling a week. Life was hard that the decade become known as “the Hungry Forties”.

During this Hungry 40’s shop keepers on their own part make profits through adulteration of goods they sold.

Workers hired in over crowded shanties under the most in sanitary conditions. They worked for more than (12) hours a day in ill-ventilated factory buildings design to look like prison houses and  under conditions they were close to slave labour.

The anti-social effect of the industrial revolution resulted in widespread poverty and destitution described as “Pauperism”. With many depending on charity, while others died of malnutrition diseases and starvation.

In this respect, notable people like Robert Owen in England, William King, Charles Fouries, Lonis Blan both of France and Ernest Bader. These were the great Pioneers of industrial cooperatives in the world. Most of them were factory owners who formed at capitalism turn their factories into co-operative organization to enhance the quality and working relationship of both the employers and employees.

Industrial employees were most at times converted in to co-operative members and asked establish cooperative communities to fine together, work together share together, and help one another.

The aim of these great pioneers was to totally eliminate the exploitation of the workers by owners of capital and to permit the workers to reap fully the fruits of his or their labour.

That is why co-operatives are reap fully the fruit of his or their labour.

That is why co-operatives are regarded as a weapon to fight capitalism diversify the economy of a nation.

All over the world workers are known to have had long history of exploitation. From their employers and the business as community, under the capitalistic society, as the saying have it that necessity is the mother of invention workers then with the motivation of some social reformers.

Notable Robert Owen (1771-1858) and Dr william king (1786-1865) had no choice other than to co-operate in order to protect themselves, therefore, co-operative society can be regarded as the weapon to oppress an economic system.

In the above basis, co-operative movement was inspired by the following deals which include self help, self reliance, self independence, eliminates of exploitative middlemen. Equality, fairness service, justice and equity or economic relations. Onuoha (1986).

1.2 STATEMENT OF PROBLEM

Workers in a typical industrial company are often required to carryout routinized work for a long period.

With the aim of achieving a certain production target everyday. The workers salary are often not regular and some of them may have no other alternative other than to seek for services of extortionist money lenders at cut the root rate of interest just to make ends meet.

Also the relationship between the workers and the management is more or less official with little or no room for other personals of the workers. The employees of such an organization have no choice other than funding a means for better interaction among themselves.

In this light, it is believed that ANAMMCO being an industrial establishment/manufacturing company the employees must be facing similar problems as portrayed above, if so then they must be contributing significantly to the economic well-being of its members.

payment

THE EFFECT OF ILLITERACY ON CO-OPERATIVE SOCIETIES IN IMO STATE. (A CASE STUDY OF SELECTED COOPERATIVE SOCIETIES IN MBAITOLU L.G.A, IMO STATE)

THE EFFECT OF ILLITERACY ON CO-OPERATIVE SOCIETIES IN IMO STATE. (A CASE STUDY OF SELECTED COOPERATIVE SOCIETIES IN MBAITOLU L.G.A, IMO STATE)

Abstract

The purpose of this study is to examine and evaluate “The Effect of Illiteracy on Cooperative Organization in Mbaitolu Local Government Area of Imo State.” The research work covers all the registered Cooperative Societies in the area. Two sources of data were used namely: The Primary and the Secondary data. Questionnaires were also used as research instruments to supplement information from the books and journals. Research questions were constructed to get feed back of the problems faced by the cooperative societies in the Local Government Area. This work is divided into five chapters. The Background of the study, the Statement of Problems, Scope and Limitation of the study, Objectives of the study, Research Questions were treated in this work. Others include Significance of study and Limitation of the study and Definition of terms. In Chapter Two, Literature review on past-related works will be discussed. In chapter three, the research is designed and methodology was discussed, including population of the study, sample size, sampling techniques, method of data collection, which will help give the result. In chapter four, presentation of data, analysis and interpretation of data was discussed. Finally, chapter five deals with the summary of the findings. In the course of the study, the researcher aimed at assessing how illiteracy affects the performance of cooperative societies in the area, from the information given, the problem that seem to hinders cooperative business in the local government area are as follows: Lack of funds, lack of government support, inadequate cooperative education of members and lack of social /infrastructural facilities. The study also proffered some recommendations to improve the performance of cooperative societies in the local government area.

TABLE OF CONTENTS

Title page                                                i

Approval page                                                 ii

Dedication                                               iii

Acknowledgement                                     iv

Abstract                                                  vi

Table of contents                                      vii

 

CHAPTER ONE            

1.0  Introduction                                      1

  • Background of the study 1
  • Statement of the problem 6
  • Objective of the study 7
  • Research question 9
  • Statement of hypothesis 9
  • Significance of the study 10
  • Scope of the study 12
  • Limitation of the study 12
  • Definition of terms 13

CHAPTER TWO

  • Literature Review 14

2.1  Meaning and Concepts of Illiteracy                     15

2.2  Problems of Illiteracy on the economy of Imo state     16

2.3  The Effects of Illiteracy                                     18

2.4  Meaning and Concept of Cooperative                  22

Education and Training

  • Importance of Cooperative Education and Training

Among cooperative members in the society         26

  • Problems that Militate Against Effective

Cooperative Education and Training                    28

  • Issues Calling for Cooperative Education 31

2.9  Summary and Conclusion                                        36

References                                                      37

CHAPTER THREE  

  • Research Methodology 38

3.1  Introduction                                                    38

3.2  Research design                                              38

3.3  Sources/method of data collection                     39

3.4  Population and sample size                               40

3.5  Sample Techniques                                          41

3.6  validity and Reliability of measuring instrument    44

3.7  Method of Data Analysis                                   45

CHAPTER FOUR

  • Data Presentation and Analysis 46

4.1  Introduction                                                    46

4.2  Data Presentation                                            46

4.3  Analysis of data                                               49

4.4  Test of Hypothesis                                           61

4.5  Interpretation of data                                       70

CHAPTER FIVE

  • Summary of Findings, Conclusion and Recommendation 71

5.1  Introduction                                                    71

  • Summary of Findings 71
  • Conclusion 74

5.4  Recommendation                                             76

Bibliography                                                    79

Appendix                                                        81

CHAPTER ONE

  • INTRODUCTION

This chapter tries to let us know all about illiteracy, the problems and the scope of study

1.1  BACKGROUND OF THE STUDY

Education is central to development. It empowers people, strengthens nations and it is key to the attainment of the millennium development goals. Already, the world’s largest external financier of education, the world bank, is today more committed than ever to helping countries develop holistic education system aimed both at achieving education for all (EFA) and building dynamic knowledge societies that are keys completing global market through education for the knowledge of economy.

Illiteracy, in order words has been interpreted as the inability to read or write being illiterate can have a big effect on people’s lives. There are several problems that arise with illiterate people functioning in society. First, the costs of illiteracy are great burdens on large government as well as local areas. Secondly, there is the question of how people can survive in the literate world without being illiterate themselves. Thirdly, motivation for adult to become literate fluctuated in the past. This study centers on the effect of illiteracy on cooperative organization. The saying is true that when a man is not informed, he is deformed.

The failure of many cooperative in developing countries like Nigeria can be partly explained by the marked difference between their origin and that of agricultural cooperate movement in the industrialized countries, while the cooperative in the developed countries were formed from the principles of small membership. The root of the word “Cooperative” is a Latin verb “Operate” meaning to work and prefix “Co” meaning together along with people.

Also according to the Oxford Advanced Learners Dictionary, the word Cooperative means working together to achieve a common purpose. Cooperation and cooperative society have been variously conceived of, and has been defined by different scholars and practitioners all over the world.

According to the directorate for Social Mobilization (MAMSER) cooperative is defined “as an association of person’s who have voluntarily joined a group to achieve a particular objectives, through the formation of democratically controlled organization to make equitable contributions to the capital required and accepting a fair share of risk and benefits of the undertaking in which members actively participate”.

People come together to form a cooperative society, because they cannot achieve their aims individually. These persons, who come to form the cooperative, occasionally have the same social and economic problems and having the interest of being a member of the cooperative society. A typical example of cooperative is the “ISUSU” or “ESUSU” type of association, where different individuals contribute a certain amount of money, which is sometimes done weekly, or monthly base on the agreement of the members, when the money contributed accumulates, it will be given to any member of the association who is in need of money. This is an on going process and it is rational till all of them have received their own share, it is rotational in nature.

The definition of cooperative as stated earlier has been defined by many scholars and authors, but the most generally accepted is that of the International Cooperative Alliance (ICA) at its 1995 congress held in Manchester England. The Manchester congress defined cooperatives as “an autonomous association of persons United voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly, owned and democratically controlled enterprise.

In Nigeria today some states and local governments encourage cooperative education so as to eradicate illiteracy in cooperative organizations by organizing seminars, workshops etc. The high level of illiteracy is one major problem of cooperative management, in developed countries, the level of illiteracy is very low, compared to less developed countries, where illiteracy is at its paramount i.e. the population of these country are mostly illiterates or barely educated.

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THE IMPACT OF CO-OPERATIVE BUSINESS ORGANIZATION IN SOCIO-ECONOMIC DEVELOPMEN(A CASE STUDY OF EKWUSIGO LGA IN ANAMBRA STATE)

THE IMPACT OF CO-OPERATIVE BUSINESS ORGANIZATION IN SOCIO-ECONOMIC DEVELOPMEN(A CASE STUDY OF EKWUSIGO LGA IN ANAMBRA STATE)

ABSTRACT

The role of co-operate in the socio-economic development of any society cannot be over emphasized. Co-operative movement plays an important role in the socio-economic development of any state. In Nigeria, the impact of co-operative movement in the development of the economy has not been fully recognized. This contributed to the need for this research study, in socio-economic development of Ekwusigo Local Government Area. In this research study the major aim is to identify the contributions, future prospects, problems and recommendations for solving these problems.

Some relevant literatures about co-operative organization on this research study were reviewed. Data were then collected from Ekwusigo Local government Area in Anambra state, through questionnaires and oral interview.

The major recommendations are that co-operative business should be injected with more capital to boost their business, proper education to the members for effective management. The government should come to the aid of societies through loans, grants and subsides, this will go a long way to improving the members socio-economically.

With this recommendation, co-operative organization can stand a better chance to play a major role in socio-economic development of Ekwusigo Local Government Area.

TABLE OF CONTENTS

 

Title                                                               i

Approval Page                                                 ii

Dedication                                                      iii

Acknowledgement                                            iv-v

Abstract                                                         vi-vii

Table of Contents                                            viii-x

CHAPTER ONE

1.0  Introduction                                             1

1.1  Background of the study                            1-5

1.2  Statement of the problem                          5

1.3  Objectives of the study                              5-6

1.4  Research Questions                                   6-7

1.5  Research Hypothesis                                 7-8

1.6  The significance of the study                      8

1.7  The scope of the study                              9

1.8  Limitation of the study                              10-11

1.9  Definition of terms                                    11-13

CHAPTER TWO

2.0  Literature Review                                      14

2.1  Introduction                                             14-15

2.2  Cooperative Ethos and systems                  15-17

2.3  Brief history of cooperative society                     18-20

2.4  Organization of cooperative society                    20-21

2.5  Social and Economic viability in cooperative societies 22-24

2.6  The Relevance of cooperative in Agricultural Development 25 – 27

2.7   The need for cooperative in employment opportunities 27-28

2.8  The problem facing Nigeria cooperative

society opportunity                                   28-30

2.9  The contributions of cooperative society in Nigeria. 30-32

CHAPTER THREE

3.0  Research methodology/introduction                   33

3.1  Research Design                                       33

3.2  Population of the study/sample size                   33-34

3.3  Source of data                                          34-35

3.4  Method of data Analysis                             35-36

3.5  Validation of research instrument                36

CHAPTER FOUR

4.0  Presentation and analysis of data                37

4.1  Introduction                                             37

4.2  data presentation                                      37-64

CHAPTER FIVE

5.0  Summary of findings, conclusion and recommendation 65

5.1  Summary of findings                                 65-67

5.2  Conclusion                                               68

5.3  Recommendation                                      68-69

Questionnaire                                           70-75

Bibliography                                             76-78

CHAPTER ONE

1.0  INTRODUCTION

1.1  BACKGROUND OF THE STUDY

The general history of co-operative can be traced back to industrial revolution which took place in the 19th century in England.

Co-operative societies are autonomous bodies formed by human beings with similar economic and socio-interest. Their major object is to improve on the socio-economic contributions of their members by mutual assistance.

The effort of the government basically is to enhance the socio-economic conditions of the citizens, this is prevalent in both developing and developed countries. There is a common task by the government and the citizen in trying to the vicious circle of underdevelopment. In pursuing and attaining these goals the formation of co-operative was advocated.

Co-operative can be viewed from different angles. According to Berko (1989) he gave a comprehensive definition of co-operative “as association of persons with variable membership, who have pooled themselves and their resources together on mutual or self-help basis to form a business enterprise which seeks to solve the socio-economic problems of these members by directly providing goods and service to them in their capacity as either the customers or employees of the co-operative enterprises.

In the above definition, some points are very important. First the society membership is voluntary and not by force, secondly the members must be free unlike what happen between the capitalist and their work where they were exploited and so many evils were made upon them. So co-operative can be seen as an effective instrument for obliterating the evils of capitalism.

The factory workers sufferings includes high prices of goods, very low wages, adulteration of goods and short weight and measures, long hours of work, unsanitary living and working conditions. As a result of these evils, a philanthropist and social reformer by name Sir Robert Owen (1771-1858) came to rescue of these poor workers by the formation of a consumer co-operative.

In Nigeria 1934, Mr C.P Shickland presented a report on the advisability of introducing co-operative in Nigeria 1935 marked the passing of the of the first co-operative ordinance known as the ordinance No 39 of 1933 with Mr. E.F.G Haig as the first registrar of co-operative. The first co-operative was the cocoa co-operative followed by credit and consumer co-operative societies.

Seeing the impact of co-operative in Nigeria, the Shagari’s led administration in 1980 established the federal department of Agriculture co-operative as one major step taken towards boasting food production in the country for the development plan period 1981-1985.

Later different types of co-operative were formed; their major objective is to increase the socio-economic of the members. This invariably contributed to the gross domestic product (GDP) which implies increases in economic development movement.

One of the ways co-operative led to economic development is through Agricultural co-operative. The resultant effect is shift to the secondary manufacturing sector. The total effect of this is large scale production, rise in the demand for manufactured goods and extend in the market size.

Agricultural co-operative also leads to expansion of the Agro-based industries. It leads to increase rural income and welfare, better feeding and housing, better services from schools, health centers, banks, and transport and communication facilities. All these improve the rural people’s standard of living which is a measure for economic development of a nation.

Co-operative business determines the degree of economic and social development of Ekwusigo Local Government Area and it is e very of the greatest activities which government can give support for effective development of the state.

Co-operative is seen as a tool for socio-economic development in most third world countries. Ijere (1986) stated that co-operative societies are remarkable instrument in development of developing states.

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TECHNOLOGICAL TRANSFER WITH EMPHASIS ON AGRICULTURAL DEVELOPMENT(A CASE STUDY OF SOME SELECTED FARMERS COOPERATVE SOCIETIES IN IDEATO –SOUTH L.G.A OF IMO STATE)

TECHNOLOGICAL TRANSFER WITH EMPHASIS ON AGRICULTURAL DEVELOPMENT(A CASE STUDY OF SOME SELECTED FARMERS COOPERATVE SOCIETIES IN IDEATO –SOUTH L.G.A OF IMO STATE)

ABSTRACT

Agriculture in Nigeria is the mainstay of Nigeria Economy. The welfare and the livelihood of the rural dwellers is the major concern of extension. In recent years several efforts have been made to enhance rural development. Agricultural extension is a non- formal system of education where farmers are taught how to use new agricultural innovations to improve their economic conditions. The transfer of agricultural technology innovation is therefore essential for sustainable rural development. The choice of communication methods is used on the target participants. The subject matter, the steps involves in teaching, the resources available, The situations. Meanwhile, modern agricultural technology has contributed significantly to agricultural development. This is particularly important when it recalls that the gap between development to differences in the level of technological development adaptation and transfer process.

TABLE OF CONTENTS

Title Page

Approval Page –      –      –      –      –      –      –      –      -ii

Dedication      –      –      –      –      –      –      –      –      -iii

Acknowledgement  –      –      –      –      –      –      –      -iv-v

Abstract  –      –      –      –      –      –      –      –      –      -vi

Table of Contents   –      –      –      –      –      –      –      vii-ix

CHAPTER ONE

1.0 Introduction     –      –      –      –      –      –      –      1-8

1.1 Background of the Study –      –      –      –      –      8-11

1.2 Statement of the problem       –      –      –      –      –    11-14

1.3 Objectives of the study    –      –      –      –      –    14-15

1.4 Research Questions  –      –      –      –      –      –    15-16

1.5 Statement of Hypothesis  –      –      –      –      –     16

1.6 Significance of the Study –      –      –      –      –    16-18

1.7 Scope of the Study –      –      –      –      –      –     18

1.8 Limitation of the Study    –      –      –      –      –    18-20

1.9 Definition of Terms  –      –      –      –      –      –    20-21

CHAPTER TWO

2.0 Literature Review     –      –      –      –      –      –      – 22

2.1 Introduction     –      –      –      –      –      –      –    22-27

2.2 Conceptual Approaches to the study of Technological Transfer     –      –       –      –      –      –      –      –      –    27-30

  • The concept of Agricultural co operative Societies in Nigeria – –      –       –      –      –            –    33-34
  • Technological Transfer Strategies for small farm Mechanization –      –       –      –      –      –      –    35-36
  • Contribution of Agriculture to Economic development in Nigeria –      –       –      –      –      –      –      –    36-38
  • Theoretical Consideration of the adoption of Technological Transfer –       –      –      –      –    38-44
  • Programme of action for successful Transformation of Nigeria Agricultural co operative Societies – 44-50
  • Key Agricultural development, supportive and service delivery programme of the federal government and its effects on agricultural co operative development in Nigeria. –      –      –      –      –      –      –      –   51-58

Reference       –      –      –      –      –      –      –      –   59

CHAPTER THREE

3.0 Research Design ands methodology –      –      –    60

3.1 Introduction     –      –      –      –      –      –      –    60

3.2 Research Design      –      –      –      –      –      –    60

3.3 Source/ Method of data Collection   –      –      –   61-62

3.4 Population and Sample Size     –      –      –      –   62-64

3.5 Sampling Techniques       –      –      –      –      –      –   64

3.6 Validity and Reliability of Measuring Instruments-  64-66

3.7 Method of data Analysis   –      –      –      –      –    66-67

CHAPTER FOUR

4.0 Presentation and Analysis of Data   –      –      –      68

4.1 Introduction     –      –      –      –      –      –      –      68

4.2 Presentation of Data –      –      –      –      –      –      68

4.3 Analysis of Data       –      –      –      –      –      –      –  68-77

4.4 Test of Hypothesis   –      –      –      –      –      –  78-80

4.5 Interpretation of Results  –      –      –      –      –  80-81

CHAPTER FIVE

5.0 Summary, Conclusion and Recommendation  –   82

5.1 Introduction     –      –      –      –      –      –      –      82

5.2 Summary of Findings      –      –      –      –      –      –    82-84

5.3 Conclusion –      –      –      –      –      –      –      –    84-85

5.4 Recommendation     –      –      –      –      –      –    85-87

Bibliography    –      –      –      –      –      –      –      –    88-89

Appendix –      –      –      –      –      –      –      –      –      90

Questionnaire –      –      –      –      –      –      –      –    91-93

CHAPTER ONE

  • INTRODUCTION

A cooperative movement represents a unique method of organizing business. It grows out peoples desire to provide satisfactory services for their benefits. It’s spread demonstrated that tradition business methods did not satisfy the needs of all the people. People have come together to achieve common objectives. This coming together was always encouraged as the need arose. Cooperative associations are example of this gathering.

According to encyclopedia American volume 7, A cooperative society is defined as a voluntary economic association in which the members share the earned dividends the financial benefits that result from doing business at cost or without profit. A good example of a cooperative movement is agricultural cooperative.

Adegeye et al (1982) defined cooperatives as business enterprises or organizations owned and controlled by members (members- patron) and they aim at rendering service for the mutual benefits of all members. Since agriculture is the main employer of labour in Nigerian economy.

In Yanga (1998) emphasized farmers cooperative and opined that cooperative is a form of organization where persons (farmers) voluntary associated together on the basis of equality for the promotion of their economic interest. Cooperatives offer an ideal way of mobilizing the resources and energies of the masses for their own good under their own initiative and control. In this way, they contribute increasing agricultural production.

Agricultural cooperative is a system which related workers or businessmen are organized to help members increase their productivity and profit from their business (Ogujiofor 2001). Agricultural cooperatives achieve this goal by providing members with the products and services they need to reduce their operational costs and to operate more efficiently. Emphasis on the members of the cooperative society.

The idea of technology transfer was to help the inappropriate agricultural technologies, poor developing countries to move from traditional based credit systems especially for women inadequate supply agriculture to science and technology base agriculture of inputs, low crop yield and back of enough markets. Use of appropriate technological capabilities of an organization and technologies, provide storage facilities fortnightly increasing the performance of a particular organization training field demonstration and linking these women to agriculture. The result obtained from this research work would serve according to literature, in 1970’s to 1990’s.

The term agricultural development all over the world has posed problems whose solutions are difficult for countries concise to solve. However, it has been considered by specialists all over the world not only from the agricultural technical point of view or economic planning but equally from social and political point of view. But since the problems appear to be more of economic in character, both social and political aspects seem to be forgotten. We have to be reminded that since agricultural development affects the fundamental interests of the people, who are often the victims of outdated agricultural methods of production, it stands therefore, that the international exchange of experts opinion should be published more so to developing countries. Though the scope of this work may not cover all but it will be good to mention that the result of the exchange of opinion, mentioned above falls under the following headings,

  1. Interrelation between the development of agriculture and other sectors of the economy.
  2. The institutional structure for agricultural development
  1. Land tenure system e. t. c

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SOLVING EMPLOYMENT PROBLEMS THROUGH COOPERATIVE ORGANIZATION (A CASE STUDY OF NNEWI COMMUNITY IN NNEWI NORTH LOCAL GOVERNMENT AREA OF ANAMBRA STATE)

SOLVING EMPLOYMENT PROBLEMS THROUGH COOPERATIVE ORGANIZATION (A CASE STUDY OF NNEWI COMMUNITY IN NNEWI NORTH LOCAL GOVERNMENT AREA OF ANAMBRA STATE)

ABSTRACT

This study discusses solution of employment problems through co-operatives movement in Nnewi North Local Government Area of Anambra State, which was used as the case study.

The selected co-operative societies in the four major communities that made up the Local Government Area, namely: Otolo, Uruagu, Umudim and Nnewich, were examined with a view to finding out their employment problems and perspective. Two sources of data, namely: primary and secondary data were used. Questionnaires were used as research instruments to supplement information got from other sources such as personal observation, oral interview, books, journals, magazines etc. and the data analysis was carried out by employing simple percentage and table while the hypothesis testing was conducted using chi-square (X2).

There was review of the structure and operation of the existing open credit delivery system. Recommendations were made. It is hoped that the performances of cooperative business enterprise within the local government area and beyond, especially their employment opportunities will improve tremendously, entrepreneur and government with the Local Government Area in particular, and Nigeria in general.

Employment through cooperative societies is well improved in the rural areas of Nnewi communities than in urban area because of the development in Nnewi. The number of people that employ in the city at the end of data analysis, the researcher found that there is significant role that co-operative society in Nnewi play towards the survival of employment in the society.

Furthermore, having examined critically the problems facing this society, it therefore brings about the recommendation of employment as a survival strategy in the co-operative societies. It also brings about reduction of unemployment problems. In our community, cooperative society will establish primary and secondary societies hence bring about increase in employment in our country. Employment by cooperative societies has been able to improve employment rate in the society or through co-operative society.

Finally, the presentation and analysis of data included the analysis of reviles from the questionnaire administered on owners of selected cooperative organizations, their employees as well as the general public.

Thereafter, the summary, conclusion and recommendation followed.

TABLE OF CONTENTS

Page

Title page                                                              i

Certification                                                           ii

Dedication                                                             iii

Acknowledgements                                                 iv

Abstract                                                                v

Table of contents                                                    vi

CHAPTER ONE

1.0  Introduction                                                    1

  • Background of the Study 1
  • Statement of the Problem 3
  • Objective of the Study 5
  • Scope of the Study 6
  • Research Hypothesis/Questions 7
  • Significance of the Study
  • Limitations of the Study 8
  • Definition of Terms 9

CHAPTER TWO

  • Literature Review 11

2.1  Unemployment Definition                                  17

2.2  Effects of Unemployment                                  17

2.3  Employment Problems in Developing Countries    19

2.4  Solving of Employment Problems                       28

CHAPTER THREE

  • Research Methodology 30

3.1  Introduction                                                    30

  • Research Design 30
  • Sampling Design 30
  • Method of Data Collections 31
  • Procedure for Processing Data Chi-Square 34

CHAPTER FOUR

4.0  Presentation and Analysis of Data                      37

4.1  Testing the Hypothesis                                     47

4.3  Decision or Interpretation for Hypothesis                   47

CHAPTER FIVE

5.0  Summary, Conclusion and Recommendations             51

  • Summary 51
  • Conclusion 55
  • Recommendation 58

Bibliography                                                    62

Appendix                                                        64

CHAPTER ONE

  • INTRODUCTION

1.1  BACKGROUND OF THE STUDY

Global unemployment causes sleepless night; several government bodies have set up institution that could find solution to the unemployment menace. At times these bodies came up with several committees that government should control population of educational system and compulsory services for graduating youths etc. as means of checking unemployment’s rate.

In Africa, particularly Nigeria, unemployment danger or menace have causes the government to come up with several employment schemes like Nation Directorate of Employment (NDE), to provide jobs on its teeming population. However, the government even carried itself reliance programmes so as to impact into its citizenry, the need to develop their initiatives and employ them.

Some states governments were not left out in trying to find solution or its teeming populace. Several employment agencies were set up like Voluntary Services Scheme (VSS) at Anambra State; it is to say that despite all these efforts, no significant results were recorded. No amount of government polices, provisions of human and material subventions training of manpower. Employment of expatriates has been able to improve employment rate.

Like a mustard seed, an ideology that Michael force with European industrial revolution of 18th century, particularly in Britain, not only survival but also was exported to some parts of the world including Nigeria.

Co-operative call of self-mutual help integration of resources to the satisfaction of all contributors’ identified need(s). Besides, “No man is an island”, a tree cannot make a forest. People from different background(s) pool their expectations together. The act of carrying out these activities is called co-operative society.

Therefore in Anambra State, Oganiru Age Grade in Nnewi North Local Government Area enhanced this research activity which was conducted as to know the level or impacts of co-operative in reducing unemployment danger.

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THE CONTRIBUTIONS OF WOMEN CO-OPERATIVES TO WOMEN’S ACCESS TO CREDIT IN NIGERIA.(A CAST STUDY OF SELECTED WOMEN COOPERATIVES IN UMUAHIA NORTH LOCAL GOVERNMENT AREA)

THE CONTRIBUTIONS OF WOMEN CO-OPERATIVES TO WOMEN’S ACCESS TO CREDIT IN NIGERIA.(A CAST STUDY OF SELECTED WOMEN COOPERATIVES IN UMUAHIA NORTH LOCAL GOVERNMENT AREA)

ABSTRACT

This research work was undertaken to examine and analyzed the contribution of women cooperative to women’s access to credit in Nigeria in a selected women cooperative in Umuahia North L.G.A.

In this work, a sample of two distinctive cooperative which involve themselves in carrying out some activities such as farming, processing, marketing production of loan and women access to credit activities in the economy were studied farmers multipurpose cooperative societies. This work covered a period of six years from 2002 to 2008.

The data were mainly collected through field survey with questionnaire and personal interview directed to respective societies, the researcher also used secondary data to source for the information used. The researcher finding revealed the contribution of women cooperative to women’s access to credit in Nigeria through numerous activities in which they engage in, but it was also revealed that there are some clung in the wheel of their progress. These ranged from erratic changes in government policies and programs, poor funding in promotional effort, lack of access to credit, insufficient cooperative education and awareness to inadequate capital mobilization by societies.

Based on the finding of the researcher some recommendation were made on how to panacea and eradicate this in carrying out their economic activities towards women contribution and access to credit to the financial institution in Nigeria.

TABLE OF CONTENTS

Title Page –      –      –      –      –      –      –      –      i

Certification    –      –      –      –      –      –      –      ii

Dedication      –      –      –      –      –      –      –      iii

Acknowledgment    –      –      –      –      –      –      iv-v

Abstract –      –      –      –      –      –      –      –      vi-vii

Table of Contents   –      –      –      –      –      –      viii-x

CHAPTER ONE

Introduction    –      –      –      –      –      –      –      1

  • General Over View of the Study –      –      1-3
  • Statement of Problems –      –      –      –      4-5
  • Objective of the Study –      –      –      –      5-6
  • Scope of the Study –      –      –      –      –      6
  • Hypothesis –      –      –      –      –      –      6
  • Significance of Study –      –      –      –      6-7
  • Limitations of the Study –      –      –      –      7-8
  • Definition of Terms –      –      –      –      –      8-10

CHAPTER TWO

  • Literature Review –      –      –      –      –      11
  • The Nature of Women Cooperatives –      11-13
  • The Concept of Access of Credit –      –      13-14
  • Women’s Access to Credit in

Developing Countries     –      –      –      –      15-19

  • Women’s Role in the Economy –      –      19-22
  • Types of Co-operatives Formed by Women 22-24
  • Cooperatives and Access to Credit –      –      24-26
  • The Importance of Women Co-Operatives 26-29

references      –      –      –      –      –      –      29

CHAPTER THREE

  • Research Methodology –      –      –      –      30

3.1  Introductions  –      –      –      –      –      –      30

3.2  Research Design     –      –      –      –      –      30-31

3.3  Sampling Design    –      –      –      –      –      32-33

3.4  Methods of Data Collection    –      –      –      34-35

3.5  Procedure for Processing Data       –      –      –      35-40

CHAPTER FOUR

  • Presentation and Analysis of Data –      –      41

4.1  Presentation of Data      –      –      –      –      42-48

4.3  Test of Hypothesis –      –      –      –      –      48-51

CHAPTER FIVE    

  • Summary, Conclusion and Recommendation 52

5.1  Summary       –      –      –      –      –      –      52-53

5.2  Conclusion      –      –      –      –      –      –      53

5.3  Recommendation    –      –      –      –      –      54-55

Appendix        –      –      –      –      –      –      –      37

Bibliography    –      –      –      –      –      –      56-57

CHAPTER ONE

  • INTRODUCTION

1.1  GENERAL OVER VIEW OF THE STUDY

One of the constraint face by Rural Women economic advancement in Nigeria has been blamed by a school of thought on the inability of Nigeria women’s to embrace co-operative way of doing business Helm (1965). This is because cooperatives are one of the most effective vehicles for organizing rural production.

The paper aims to analyze the effectiveness on the contribution of women cooperative to women access to credit as a method of advancing the development of women in Nigeria gender analysis is utilized to explain the disadvantage and marginalization of women in the cooperative. It is noted that Nigeria women access to credit receptive to cooperatives, which are made attractive to them by engaging in topics pertinent to women’s development, such as access to credit, training, economic, health and education activity and advancement of women’s participation in the cooperative movement.

Cooperatives are not only the most suitable organization and frame work for accelerated rural development but they are veritable instruments for assisting women in the achievement of increase output of farm products for instance, in the procurement of farms inputs like fertilizers, improved seeds and seedling, credit as well as in the product storage and marketing.

The international bank mission which student and reporter on the Nigeria economy in 1954 appreciated this favourable social climate when it said “we think full support should be given to cooperative as valid for economic organization fully compatible which Nigeria tradition and social sentiment (Onuha 1978).

The contribution of women cooperatives to women access to credit more especially women cooperative where rural women would be actively involved in the development of their own area. However given the fact that Nigeria is developing nations oriented on the unrestrained capitalism, the question then is how these women cooperation can help the women access to credit to improve their economic social educational culture and political status, then provide growth and development.

The enthusing and spirit with which some women embrace the formation of cooperatives in Nigeria especially in Umuahia North local government area of Abia state has shown the contributions of women cooperative to women access to credit develop conscious and quite willing disposed to pool their resources together in order to improve their living standards, it is therefore necessary to ascertain the role of women cooperatives especially in Umuahia North local government area which the expectation of women has not been easily meet which lead to apathy among women towards their cooperative societies.

  • STATEMENT OF THE PROBLEMS

Modern women co-operatives were formed to enter for socio-economic needs of the people and enhance women access to credit, but there are many problems and in most cases educational:

  1. ECONOMIC PROBLEMS: Inadequate finances most of the societies in the area lack capital to embark on more realistic projects. Also they face he problem of finding their societies adequately, this is due to the fact most women in their societies are house wives and hardly work to earn income.
  2. BAD MANAGEMENT: Most of the time the management abuse the loan granted to members by suing that loan in an unproductive ventures. There is also misappropriation of society’s funds and assets.
  3. INADEQUATE INFRASTRUCTURE: They lack such infrastructures as to help them prosper in their societies such are storage facilities, machines etc.
  4. SOCIAL PROBLEM: This touches on the male perception of women’s role. As a result of the traditional social systems more than nay other thing this gives men more reoccupation and status than women. The work and place of the later are relegated to the background, in this circumstance many men do not allow their wives to join cooperatives in the village since men assume to represent their wives in co-operative meetings.
  5. EDUCATIONAL PROBLEM: The educational qualification of women especially in access set up as Umuahia determines the number and level of women participation in women cooperative.

payment

THE CRITICAL REVIEW OF THE SOURCES OF FUNDS OPEN TO COOPERATIVE SOCIETY IN IMO STATE.(A CASE STUDY OF SOME SELECTED PRIMARY COOPERATIVE SOCIETY IN IMO STATE.)

THE CRITICAL REVIEW OF THE SOURCES OF FUNDS OPEN TO COOPERATIVE SOCIETY IN IMO STATE.(A CASE STUDY  OF SOME SELECTED PRIMARY COOPERATIVE SOCIETY IN IMO STATE.)

ABSTRACT

This is no doubt that finance is the blood life of any business enterprise even cooperative society.

In the truest concept and practice, finance is concerned with money, and is involved in cooperative societies for the establishment or formation.

This research work tends to look into the sources of funds opened to cooperative, how cooperative source for funds, the importance of sourcing for funds, why cooperative are organized, origin or cooperative, sparking up of cooperative, organizing step in cooperative and factors that could affect the formation of cooperative society.

TABLE OF CONTENTS

TITLE PAGE——————————————–i

CERTIFICATION —————————————ii

DEDICATION——————————————iii

ACKNOWLEDGEMENT———————————iv

ABSTRACTS——————————————–v

TABLE OF CONTENTS———————————vi

 

CHAPTER ONE

  • Introduction—————————————1
    • background of the study—————————5
    • Statement of problem—————————–6
    • Objectives of the study.—————————-6
    • Research question———————————-7
    • Significance of the study—————————8
    • Scope of the study ——————————–8
    • limitation of the study—————————-9
    • Definition of terms.——————————–10

CHAPTER TWO

  • Review of related Literature—————————–12
    • Origin of cooperative——————————–13
    • Sparking of a cooperative ————————–15
    • Why cooperative are organized ———————16
    • Organizing steps in cooperative ——————–18
    • Sources of funds opened to cooperative ———-20
    • The importance of finance in cooperative ———26
    • The reason for joining cooperative —————-27
    • Factors that could affect/influence the establishment of cooperative —————————————–31

CHAPTER THREE

  • Research Methodology——————————–33
    • Research design———————————-33
    • Sources of data collection————————34
    • Rationale for choice of variables—————–34
    • Instrument for data collection——————–35
    • Description of data———————————36
    • Validity and reliability of measuring instrument-37

CHAPTER FOUR

  • Presentation and Analysis of data———————-39
    • Introduction—————————————-39
    • Analysis according to research question ——–40
    • Data presentation and classification————-44

CHAPTER FIVE

  • Summary of findings, conclusion and recommendation–47
    • Summary of findings———————————47
    • Conclusion——————————————–48
    • Recommendation————————————-49

Bibliography————————————–51

Appendix—————————————–52

Questionnaire————————————53

CHAPTER ONE

1.0 INTRODUCTION

This project research tends to look at the sources of funds open to cooperative society in Imo state, a case study of some selected primary cooperative societies in Imo state.

Observation and questionnaire shows the sources of funds opened to cooperative society, and emphasis is placed on the sources. The existence of a business enterprise to a large extent depends on the availability of fund both for initial take off and for running the business. Enough capital outlay is needed to buy assets (e.g cars, building, equipment etc), and for handling daily needs (e.g stationeries, paying wages and salaries etc). lack of fund can put a firm on a standstill. The capital requirement of business varies from firm to firm.

Financing is the act of raising and using of funds by individuals, cooperatives, firms and governmental organizations for their day to day operations, running and management of a business undertaking as opted by Okeke (2006). As a discipline, finance is merely a body of facts, principles and theories which deal with the raising (e.g by borrowing) and using (e.g by investing) of money by individuals, cooperatives, firms and governmental organizations. In the truest concept and practice, finance is concerned with money (that is the life blood of any business enterprise) be it cooperatives, partnerships, limited liability companies etc.

Adeyeye (1978), implied that no business organization can thrive and survive without constant and adequate flow of finance . He opted that in business financing there are three ways of going about it, and is as follows;

  • By short term
  • By intermediate term
  • By long term

To further explain, short term is the type of borrowing that is repayable within one year intermediate is more than one year but less than5 years, while long term is 5 years and above.

A key consideration in choosing the source of cooperative finance is to strike a balance between equity and debt to ensure the fund structure suits the business. The main difference between borrowed money (debt) and equity and that bankers request interest payments and capital requirements, and the borrowed fund is usually secured on business assets or the personal assets of shareholders/ directors. The overall objective in rraising funds in cooperatives to excessive high borrowings, but without unnecessarily diluting the share capital. Raising funds is often a complex process. Cooperative needs to assess several alternatives and then negotiate terms which are acceptable to the fund provider.

Bob Igwe (1996), quoted that the sources of funds opened to any cooperative society has made it possible for the director/management to take a reasonable decision that will effect changes in cooperative development.

Calvert H (1956), said finance is the most encompassing of all business enterprises.

Cooperative society have expanded forms of business due to the opportunity to raise shares of capital through the public and the ease with which fund can be available to them owing to the fact that they have collateral to borrow money from financial institution.

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THE CONTRIBUTIONS OF COOPERATIVE SOCIETIES TOWARDS WOMEN EMPOWERMENT(A CASE STUDY OF SELECTED PRODUCERS COOPERATIVE SOCIETIES IN OWERRI WEST L.G.A OF IMO STATE)

THE CONTRIBUTIONS OF COOPERATIVE SOCIETIES TOWARDS WOMEN EMPOWERMENT(A CASE STUDY OF SELECTED PRODUCERS COOPERATIVE SOCIETIES IN OWERRI WEST L.G.A OF IMO STATE)

Abstract

The contribution of cooperative societies towards women empowerment was studied with Owerri West as the case study. Data was generated by questionnaires distributed among registered cooperative societies and women in rural areas. It is a well established fact that women have participated less on national building due to less participation in politics. Cooperative have contributed by providing farm inputs to women among other empowerment roles education of women is vital towards empowering women.

TABLE OF CONTENTS

Title page

Approval  page                                                                                         ii

Dedication                                                                                                 iii

Acknowledgement                                                                                   iv

Abstract                                                                                                     v

Table of contents                                                                                               vi

CHAPTER ONE

1.0    INTRODUCTION                                                                                      1

  • General Overview of the study 2
  • Statement of problem 4
  • Objectives of the study 4
  • Research questions 5
  • Significance of study           6
  • Scope of the study 7
  • Limitation of the study 7
  • Definition of terms 8

CHAPTER TWO

  • Literature review 10
  • Introduction 10
  • Concept of women empowerment 10
  • The role cooperative play in empowering women 12
  • Cooperative and types of cooperative 14
  • The economic benefits of joining cooperative 18
  • The economic status of women in Nigeria 21
  • Contemporary over uses of women participation

in cooperative society.                                                                             22

  • Factors militating against effective participation of women 23
  • Solutions to the problems identified in women participation     27

References

CHAPTER THREE

  • Research design and methodology                                            30
  • Introduction 30
  • Research design 30
  • Sources of data 31
  • Population and sample size 32
  • Sample technique 34
  • Validity and reliability of measuring instrument 35
  • Method of data analysis 35

CHAPTER FOUR

  • Data presentation and analysis of data                                                37
  • Introduction 37
  • Presentation of data 37
  • Analysis of data 38
  • Interpretation of results 43

CHAPTER FIVE

  • Summary, conclusion and recommendations 45
  • Introduction 45
  • Summary of findings 45
  • Conclusion 46
  • Recommendations 46

Bibliography                                                                                    49

Appendix

Questionnaire

CHAPTER ONE

  • INTRODUCTION

The lack of data on the level of involvement of women in the economy, activities in Nigeria had made it impossible to assess the roles and contribution towards the economic growth of Nigeria.

Through women contribute over 80% of the national food supply, their economic power are still limited. They have limited access to ownership of land and housing, limited participation in nation building. Women empowerment is determined by the society and also by the societal perception.

One cannot therefore overemphasize the important role which cooperative movement can play on the lives of women in Nigeria especially in this era of food shortage and economic depression. This present study, goes on to investigate the contribution of cooperative society in the economic empowerment of women and the problem militating against the full participation of women in the cooperative society with a view of making recommendation.

1.1  GENERAL OVERVIEW OF THE STUDY

History has shown that development can occur only when every member that constitutes the society participates in its development.

Hence development should be seen as a collective responsibility of all the people that makes up the society irrespective of sex, age and class.

Though women contribute over 80% of the national food supply, their economic power are still limited. They have limited access to ownership of the land and housing, limited participation in nation building. The role of women in economic empowerment is determined by the society and also by the societal perception of the status generally.

It is certain that the cooperative society play an increasingly significant role in satisfying material, social and potential need of their rural and urban women in Nigeria.

It was as a result of the federal republic of Nigeria, National development plan policy aimed at fostering the growth of cooperative movement as an instrument for achieving increased agricultural production and rural transformation. Some of this programme such as FADAMA programme for farmers which are in farmer’s cooperative society, better life for rural women, family support programme.

Inspite of the government emphasis on the needs for Nigerians to form cooperative societies in order to achieve self sufficiency in food production, especially during this period of economic melt-down, we are yet to experience the women’s full participation in cooperative societies.

Out of a population of 140 million only 2.4% of Nigerian women are cooperators.

The present study goes on to investigate the role of cooperative society in Economic empowerment of women and the problem militating against the full participation of women in cooperative society with view of making recommendation.

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THE CONSTRAINTS TO INCREASED AGRICULTURAL PRODUCTION THROUGH AGRICULTURAL COOPERATIVE SOCIETIES (A CASE STUDY OF SELECTED AGRICULTURAL COOPERATIVES IN OWERRI NORTH LGA IMO STATE)

THE CONSTRAINTS TO INCREASED AGRICULTURAL PRODUCTION THROUGH AGRICULTURAL COOPERATIVE SOCIETIES   (A CASE STUDY OF SELECTED AGRICULTURAL COOPERATIVES IN OWERRI NORTH LGA IMO STATE)

ABSTRACT

The major purpose of this study was to determine the constraints to increased agricultural production through agricultural cooperative societies. Structural questionnaire was constructed to collected primary data for this study. The hypothesis was formula to guide the study while 5% of level of significant was to test the hypothesis.

Finally, it was observed that the farmer’s cooperative in Owerri North were facing so many problems to increase agricultural production, these include: Lack of capital, difficulties in obtaining government facilities, lack of storage facilities, inadequate market outlet and attitude of banks towards agricultural cooperatives etc.

TABLE OF CONTENTS

Page

Title page                                                              i

Certification                                                           ii

Dedication                                                             iii

Acknowledgements                                                 iv

Abstract                                                                v

Table of contents                                                    vi

CHAPTER ONE

1.0  Introduction                                                    1

  • General overview of the study 2
  • Statement of the problem 4
  • Objective of the study 5
  • Scope of the study 6
  • Research hypothesis 7
  • Significance of the study 7
  • Limitations of the study 8
  • Definition of terms 8

CHAPTER TWO

  • Review of related literature 10

2.1  The concept of increased agricultural production  11

  • The nature of agricultural cooperatives 12
  • The activities of cooperative societies 15
  • Problems of agricultural cooperative societies 17
  • Effects of these problems on increased agricultural production                                          19
  • Suggested solution to the problems 20

CHAPTER THREE  

  • Research design and methodology 23
  • Sources of data collection 23
  • Methods of data collection 24
  • Research population 24
  • Sample size 25
  • Methods of data analysis 25

CHAPTER FOUR

4.0  Data Presentation and analysis                          28

  • Analysis of data 37
  • Test of hypothesis 39

CHAPTER FIVE

5.0  Summary of Findings, Conclusion and   Recommendations                                           43

5.1  Summary of findings                                        43

  • Conclusion 45
  • Recommendation 45

Bibliography                                                 47

Appendix                                                      48  

 CHAPTER ONE

1.0  INTRODUCTION

Agricultural cooperative is a system by which farmers or associated agricultural related workers or business men are organized to help members increased their productivity and profit from their business. Agricultural cooperative engage in the production, marketing, processing and distribution of agricultural products. Therefore, all the cooperative societies that operate in the agricultural sector are engaged in these different operations belong to the group of agricultural cooperative.

In Imo State most inhabitants survive through agriculture and their main occupation is subsistence farming which attracted the interest of many cooperative societies, both the old and new ones. Increasing the agricultural productions was their main target and at the same time lifting the level of it size and qualities. Most of the crop couldn’t grow well in other to product that was several affected were coca yams, vegetables cassava stems, yam tubers, and other root crops.

The constraints to increased agricultural production through cooperative societies Igobo (1996) said. It is now on the government that dependence on the external sources of fund because it has ties their independence to the uncertainties of ridiculed.

1.1  GENERAL OVERVIEW OF THE STUDY

Cooperative movement all over the world has been considered or taken as both means and instrument of development whereby individual as group of people with common socio-economic come together mutually to take and solve their common socio-economic problems. In our country today, sources of statements have been made in the newspapers and how others news media by scholars advocating the use of cooperative societies for the development and increasement of standard of living of the rural people.

In Nigeria, over 60 percent of populations are involved in agriculture. The green revolution as conceived in Nigeria was a cell for an accelerated increase in agricultural production through radial modernization of agriculture by removing all the known constraints to increased production and the provision of needed inputs and agricultural mechanization.

Moreover, many programmes has been introduced by the federal government in support of development agricultural in rural area such as Agricultural Development Project  (ADP), National Agricultural Land Development Authority (NALDA), Directorate of Food, Road and Rural Infrastructure (DFRRI), Better Life Programme (BLP), National Accelerated Food Production (NAFP), Operation Feed the Nation (OFN) etc, Recently, “the Family Support Programme (FSP) was introduce by the Federal Government with the aim of increasing the life of the rural  dwellers through the formation of  Cooperative movement .

Cooperative movement spans through many aspect of our economic life such as production consumption, distribution, thrift saving and the provision of rural infrastructures.

payment

THE CONTRIBUTIONS OF CO-OPERATIVES TO RURAL DEVELOPMENT (A CASE STUDY OF ORLU WEST L.G.A IN IMO STATE).

THE CONTRIBUTIONS OF CO-OPERATIVES TO RURAL DEVELOPMENT (A CASE STUDY OF ORLU WEST L.G.A IN IMO STATE).

ABSTRACT

This project looked into The Contributions of co-Operatives to Rural Development (A case study of Orlu West L.G.A in Imo state).

A survey was conducted on the types of cooperative societies in Orlu West Local Government Area and the management and organization of Imo cooperative Federation to obtain relevant data on the view of the respondent towards Imo cooperative federation.

The information was collected from two categories of respondents viz staff of the organization and the divisional cooperation council of Orlu West L.G.A.

The major instrument used for data collection was questionnaire. The data collected were analyzed using the percentage system of data analysis.

The study found out that the societies in the area encourages the habit of savings among members. They also sell food at low prices and produced quality goods for the area.

However, the study showed that the growth of co-operative in the area is affected by problems such as frauds, ineffective management, lack of finance and non repayment of loans among others.

TABLE OF CONTENT

Title Page

Approval Page

Dedication

Acknowledgement

Table of content

CHAPTER ONE

  • INTRODUCTION

1.1 Background of the Study

1.2 Statement of Problems

1.3 Objectives of the Study

1.4 Research Questions

1.5 Significance of the Study

1.6 scope of the Study

1.7 Limitation of the Study

1.8 Definition of Terms

CHAPTER TWO

  • LITERATURE REVIEW

2.1 INTRODUCTION

2.2 History of Co-operative in Nigeria

2.3 Origin and Structure of Co-operative in Imo state

2.4 The Origin of Imo Co-operative Federation (ICOFED)

2.5 Function of ICOFED.

2.6 The Contribution of Co-operative in Rural Development.

2.7 Role of Co-operative in Rural Development

2.8 Problems of Co-operatives in Rural Development.

2.9 Solution to the Problems.

CHAPTER THREE

3.0 RESEARCH DESIGN AND METHODOLOGY

3.1 INTRODUCTION

3.2 Research Design

3.3 Population of Study and Sample Size

3.4 Sampling Technique

3.5 Source of Data

3.6 Method of Data Analysis

3.7 Validation and Reliability of Measuring.

CHAPTER FOUR

4.0 DATA PRESENTATION AND ANALYSIS

4.1 Introduction of Data

4.2 Presentation of Data

4.3 Analysis of Data

4.4 Design/ Interpretation of Result

CHAPTER FIVE

5.0 SUMMARY OF FINDINGS

5.1 Recommendations

5.2 Conclusions

5.3 Remarks of Findings

Appendix

Questionnaire

Bibliography.

CHAPTER ONE

1.0 INTRODUCTION

Co-operatives in Nigeria have their origin in the efforts of the colonial government that sought to create institutions for implementing policies. This use of cooperatives continued at independence, when the new government also embraced cooperatives as mechanisms for implementing policies and development plans.

The independent government viewed co-operative not as economic entities, but as institutions for producing substance needs of its members.

The subjected cooperative members to state control, which hampered the development of cooperatives as economic enterprises that meet members needs and interests.

1.1 BACKGROUND OF THE STUDY

Cooperative societies as a  form or type of business organization come into existence when people with common interest, joined themselves into a group financial and controlled by them for the purpose of achieving their goals. The researcher believed from many authors that cooperative societies started in Nigeria in the early 20th century. It should be noted that life patterns of various communities in the century showed some traits of cooperative societies.

Most communities in Nigeria and Africans in (and others still have) series of associations, youth association etc, which made this to be understandable.

These organization among other things had the following objects of commercial farming through collective efforts, construction of rural roads, extension of credit facilities to members etc.

Many of the modern co-operative societies have the above objectives.

According to one of the officer in cooperative in Amaijeke in Orlu West L.G.A which were recently created from ISU. The recent increase in the formation of new cooperative societies in the country is clear indication that many people and institution alike have found cooperative societies a useful tool in moving ahead different interests.

In the fourth National Development plan, Government has pledged to give all necessary encouragement towards the growth and development of the cooperative sector in the rural areas. Towards this end, government policy would be aimed at;

  1. Increasing the numbers and membership of cooperative societies.

ii Strengthening the movement in general through assistance in cash and kind, particularly in the area of provision of storage facilities and shops.

iii Strengthening the manpower support service, traditionally available to the cooperative societies.

1.2 STATEMENT OF PROBLEM

In spite of all the incentives given to villagers by the government to see the problems the researcher has in mind to identify and find solutions to their problems.

Some of these problems are:

Lack of effective management, uncooperative and un-united attitude of members, lack of adequate finance which have often been identified among the problems weakening the progress of cooperative societies. Illiteracy also contributed to these problems.

1.3 OBJECTIVES OF THE STUDY

The objectives of the study are to:

  • To evaluate the contribution of cooperative societies to rural development.
  • To assess the hindrances impeding cooperatives from enforcing this contribution.
  • To present the mitigation measures put in place and recommend further mitigation plans to improve the viability of the cooperatives.
  • To examine the role of government in providing supportive facilities to cooperatives.

payment

MAKING ENOUGH FOOD AVAILABLE THROUGH FARMERS MULTI-PURPOSE COOPERATIVE SOCIETIES (A CASE STUDY OF SELECTED CO-OPERATIVE SOCIETIES IN OBOWO LOCAL GOVERNMENT AREA)

MAKING ENOUGH FOOD AVAILABLE THROUGH FARMERS MULTI-PURPOSE COOPERATIVE SOCIETIES (A CASE STUDY OF SELECTED CO-OPERATIVE SOCIETIES IN OBOWO LOCAL GOVERNMENT AREA)

ABSTRACT

 The subject matter of this research is making enough food available through farmer’s multi-purpose cooperative societies a case study of selected co-operative societies in Obowo Local government area. The aim of the study is to determine the effective ways the role of farmers multi-purpose cooperative society can accelerate food production in different ways i.e. through marketing of food production, processing, supply of farm inputs and credit facilities. The researcher also research on the opportunities made available of these food productions and the means of getting them available for the members. The concept that leads to these Farmers Multi-purpose Cooperative Society, which was, researched through different research method/designs such as experimental research, descriptive research and etc. and also different data collection method such as personnel interview, questionnaires and etc, which was use to investigate on people’s view whether cooperative society has been able to play its role well in the economic development and social transformation. Finally, the researcher suggests ways of improving the role of farmer’s Multi-purpose cooperative society in the accelerating of food production for the society, the state and the country and others relating to it.

 

 

 

 

 

TABLE OF CONTENTS

Title page-     –      –      –      –      –      –      –      –      -i

Approval page-     –      –      –      –      –      –      –      –

Dedication-    –      –      –      –      –      –      –      –      -iii

Acknowledgment-  –      –      –      –      –      –      –      -iv

Abstract- –      –      –      –      –      –      –      –      –      -v

Table of contents- –      –      –      –      –      –      –      -vii

 

Chapter one

  • Introduction- – –      –      –      –      –      –      -1
    • Background of the study- –      –      –      -1
    • Statement of the problem- –      –      –      -4
    • Objectives of the study- –      –      –      -7
    • Research questions- –      –      –      –      -7
    • Significance of the study- –      –      –      -8
    • Scope of the study- –      –      –      –      -10
    • Limitation of the study- – –      –      –      -10
    • Definition of terms- –      –      –      –      -11

 

 

Chapter two

  • Literature review – – –      –      –      –      –      -13
    • Introduction/The concept of Farmers Multi-purpose Cooperative Societies- –      –      –      –      –      -15
    • The concept of accelerated food production- -17
    • The role of Farmers Multi-purpose Cooperative Society in accelerating food production- –      –      –      -19
    • The problems of Farmers Multi-purpose Cooperative Society- – –       –      –      –      –      –      –      -20

References-   –      –      –      –      –      –      –      -20

Chapter three

  • Research design and methodology- –      –      -24
    • Introduction- – –      –      –      –      –      –      -24
    • Research design- –      –      –      –      –      –      -24
    • Sources/method of data collection- –      –      -27
    • Population and sample size- – –      –      –      -27
    • Sample techniques- –      –      –      –      –      -29
    • Validity and reliability of measuring instrument-30
    • Method of data analysis –      –      –      –      –      -31

Chapter four

  • Presentation and Analysis of data- –      –      -34
    • Introduction- – –      –      –      –      –      -34
    • Presentation of data- –      –      –      –      -34
    • Interpretation of result(s)- –      –      –      -41

Chapter five

  • Summary, Conclusion and Recommendations- -42
    • Introduction- – –      –      –      –      –      -42
    • Summary of findings- –      –      –      –      -42
    • Conclusion- –      –      –      –      –      –      -44
    • Recommendations- –      –      –      –      -45

References-   –      –      –      –      –      –      -47

Appendix-      –      –      –      –      –      –      -48

CHAPTER ONE

  • INTRODUCTION

1.1  BACKGROUND OF THE STUDY

The term cooperative can be used in its generic term to cover a wide area of activities which two or more people join together either formally on adhoc or permanent basis, for legal or illegal or socially accepted or unaccepted actions to fulfill certain aims. Such action may be selfish in nature or may be in the interest of those performing the action without it being detrimental to anyone else.

However, cooperation is often used in the positive sense. It is also used in a much narrower sense to mean activities undertaken by cooperative organizations. The study of cooperation in this later sense therefore means the scientific or academic study of cooperative organizations.

Cooperative has been defined for different purpose and in slightly different ways by economists, lawyers, philosophers and others.

Precisely, cooperative is an association of persons, usually of limited means, who have voluntarily joined together their resources to achieve a common economic end and through the formation of a democratically controlled business enterprise, making equitable contribution to the capital required and accepting a fair share of the risks and benefits of the undertaking. Cooperative started in Great Britain in 1760. And different cooperative societies exist since then. There are types of cooperative, thrift and credit cooperative, thrift and loan, agricultural cooperative and etc.

Agricultural cooperative can be defined as cooperative societies that engage in the production, processing, marketing and distribution of agricultural products. Types of agricultural cooperative are group-farming society. Member of the society engage in the production of a variety of crops while they also arrange for the marketing of such crops. Some other agricultural cooperative is marketing cooperative. These societies are involved in the marketing of member’s products. This is done at low cost and efficiently for members benefits.

Agricultural cooperative thrift and credit these societies are concerned with the mobilization of credit and making the available to members at a low cost for either prosecution, marketing or consumption purpose. Agricultural consumer cooperative societies engages in the sale of manufactured/consumer products to members at reasonable prices they are also similar to other consumer cooperative but for the fact that they are mainly found in the rural areas while the members are mostly farmers.

Agricultural multi-purpose farmer’s cooperative societies combine many of these functions as their main criteria’s like production, processing of agricultural produce, marketing of the  processed agricultural produce, credit facilities to members etc. the can also be known as service centers for the benefit of their members.

1.2 STATEMENT OF PROBLEM

Most often, business activities are faced with numerous problems, which hinder achievement of their objectives. Some of these problems are posed by the vagaries in the economy such as inflation while some area high and expensive. This situation is neither of interest to the consumer nor the producers. In effect, marketing cooperative was introduced to arrest the situation especially in the rural areas, so as to bring society into the distribution sector and increase its efficiency.

Consumers cooperative are societies made up of consumers, found basically by consumer who in a bid to take advantage of mutual efforts, ensuring that the quality of goods, they buy is of high standard and at a reasonable price. The idea of consumer cooperative sprang up in Britain during the middle of the nineteenth century as a reaction to the growing exploitation of the workers by the capitalist. Goods were not only expensive, but were adulterated with in correct weights and measures.

Farmers’ Multi-purpose Cooperative Society in indicating from its name, it ingrates into itself from problems farmers. As presently constituted, Farmers’ Multi-purpose Cooperative Society represents about 70 percent of all cooperative found in south-east, Nigeria.

The idea of a Farmers’ Multi-purpose Cooperative Society stems from the understanding that the chief occupation of rural dwellers is agriculture. So in order to accelerate significant rural resource productivity, an organization has to be found that will champion this course.

With effective financing, Farmers’ Multi-purpose Cooperative Societies can undertake all the functions we have discussed. It can ever go further to provide other services, which we have not discussed like agricultural insurance and the rest. Below are ways and means through which agriculture can be better the well-being of their members they include:-

  1. To acquire agricultural inputs
  2. To take advantage of the economic of scale in production, processing and buying and selling.
  • To obtain credit from financial institution.
  1. To by-pass exploitative middlemen (money lenders, traders, miller and industrialists)
  2. To educate farmers and spread useful information.

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