Select Currency
Translate this page

THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY: A CASE STUDY OF COOPERATIVE SOCIETIES

Format: MS WORD  |  Chapter: 1-5  |  Pages: 75  |  1315 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY (A CASE STUDY OF COOPERATIVE SOCIETIES IN OREDO LOCAL GOVERNMENT AREA OF EDO STATE)

 

CHAPTER ONE

INTRODUCTION

BACKGROUND TO THE STUDY

Cooperative societies are a unit of business organization. In recent times, the importances of cooperatives have come into focus in West Africa countries. Cooperatives society origin is traced to the Rochadale Pioneers of 1844. It is believed that cooperative societies were in cooperative before 1844, but is the Rockdale Pioneers of 1844 who popularized the modern day cooperatives movement. The Rockdale consisted of 28 members who were mostly wavers. Their sole aim of farming cooperative was to raise their standard of living during this time (1844) people were experiencing economic hardship. This was mostly pronounced among the law income earners. The Rockdale pioneers started by contributing or subscribing a few pence a wee, they managed to obtained 28 with which they vented a store in Toad Lane, Rockdale. They started tracing with small stocks of fairs out meal and candles. Profits were distributed to members in the proportion of their purchases. The Rockdale cooperative was a consumer cooperative society. In Nigeria, the formation of age group societies for team work and group financial assistance among members in respect of farm work, road construction, house erection and social festivities marked the beginning of cooperative society’s movement. The idea of cooperative societies was first conceived in 1934 and in February 1936. The legislative council passed the cooperative bill before the movement was officially launched in the country, in the beginning of cooperative societies in Nigeria; the running of registration was at the regional levels. The word “Cooperative” could be used in two different ways;

a.    Working together or “ready to help”.

b.    An organized kind of business organization.       

 

Cooperative is an old as mankind, for each other. Thus, this is particularly important in all rural areas of the world. The herding of all livestock’s is often carried out in turns by the herdsmen. The gathering in and the thrashing of each farmers harvest area often carried out by all neighbors joining together to help one another iun a manner, which though voluntary, is morally compulsory by tradition I certain countries,. This same method is used for skinning well, building irrigation reservoirs and ditches putting up houses and even burying the dead. Also cooperative is known as a type of business organization. Its introduction to industrial and business lives in West Africa generally and the rural areas of Nigeria in particular, are however new. Cooperative in his modern world is varied and it covers the work in all its business entities. The importance of cooperative societies in Nigeria cannot be over emphasized. The cooperative development in any place must be conditionally by its economic pattern Nigeria has an agricultural economy and cooperative was first developed in Nigeria.

 

At present, many types of cooperative societies are existing in Nigeria. They are as follows./ agricultural products marketing societies, consumers, cooperative thrift and loan societies, cooperative craftsman’s societies and multi-purpose cooperative societies. Some of these societies exist in Oredo Local Government Area of Edo State. Cooperative society played a vital role by establishing a cooperative school where auditors and inspectors are being retained to audit and inspectors the activities of various cooperative societies to avoid fraud, misappropriation and mal-administration. In conclusion, even though cooperative society has not and cannot cover all facets of economic activities, it has covered the salient parts of the activities of the common man, particularly the area under which they have been suffering.          

 

STATEMENT OF THE PROBLEMS

The major problems of cooperative societies include among others;

1.    Inadequate financing

2.    Mismanagement of resources by the management committee (board of directors)

3.    Unqualified/inexperienced management committee

4.    Uncommitted membership  

5.    Lack of clear policy guideline on cooperatives

6.  Outdated/inherited colonial cooperatives law that determinates cooperative autonomy and officialized and existing cooperatives

7.    Government attitudes towards cooperatives development

8.    Lack of infrastructural facilities like regular and stable electricity, accessible roads, pipe-borne water etc.

 

OBJECTIVES OF STUDY  

The objectives of this study as follow;

1.  To identify the principles and economic importance of cooperative societies in Oredo Local Government Area of Edo State.

2.  To defined and trace the origin of cooperative societies in Oredo Local Government Area of Edo State.

3.  To recognize the different types of cooperative societies in Oredo Local Government Area of Edo State.

4.  To recognize the constraints and the possible solutions of cooperative societies in Oredo Local Government Area of Edo State.    

 

RESEARCH QUESTIONS  

1.  The cooperative movement is spreading its tentacles into various economic activities in Oredo Local Government Area of Edo State.

2.  Lack of education has made people to neglect the importance of cooperative societies in Oredo Local Government Area of Edo State.  

3.  Cooperative societies are now used as a dumping ground for partisan politics.   

 

SCOPE OF STUDY

This study is limited to Oredo Local Government Area of Edo State. it examines the cooperative societies in Oredo Local Government Area and how cooperative societies have been able to render help to the people around Oredo Local Government Area. This study will cover producers cooperative societies, consumer thrift cooperatives.  

 

SIGNIFICANCE OF THE STUDY

The study is important because cooperative society is important in our country and it is important to know the role which cooperative society plays in Oredo Local Government Area and the important cooer5pative societies plays to the people in Oredo Local Government Area.

 

DEFINITION OF TERMS

Society: what is society: A society or a human society is a group of people related to each other through persistent relations or a large social grouping sharing the some geographical or virtual territory, subject to the same political authority and dominant cultural expectations human societies are characterized by patterns of relationship (social relations) between individuals who share a distinctive “culture” and institutions or given society may be described as the sum total of such relationship among its constituent members. In the “social sciences” a larger society often evinces stratification and or dominance patterns in sub-group.

Cooperative: A cooperative is a group of people acting together to meet the common needs and aspirations of its members, sharing ownership and making decisions democratically. Cooperative are not about making big profits for shareholders but creating value for customers. This is what gives cooperative a unique character and influence. There are many cooperative businesses around the world, of which the cooperative group is one of the largest.    

Economy: An economy consists of the economic systems of a country or other area, the labour, capital, and land resources and the manufacturing, production, trade, distribution and consumption of goods and services of that area. A given economy is the result of a process that involves its technological evolution, history and social organization as well as its geography, natural resources endowment and ecology, as main factors, these factors give context, content, and set the conditions and parameters in which an economy functions.

Role: A role or (social role) is a set of connected behaviours, rights, and obligations as conceptualized by actors in social situations. It is an expected or free or continuously changing behaviour and may have a given individuals social status or social position. It is vital to both functionalist and interactions understanding of society.  

  DOWNLOAD THE FULL PROJECT

THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY: A CASE STUDY OF COOPERATIVE SOCIETIES

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY: A CASE STUDY OF COOPERATIVE SOCIETIES INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Abdul Mateen Iddrisu
UDS
At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly
Excellent
Uduak From Uniuyo
IProjectMaster is the best project site for students. Their works are unique and free of plagiarism!
Excellent
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY: A CASE STUDY OF COOPERATIVE SOCIETIES?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY: A CASE STUDY OF COOPERATIVE SOCIETIES?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for THE ROLE OF COOPERATIVE SOCIETIES AND THE NIGERIA ECONOMY: A CASE STUDY OF COOPERATIVE SOCIETIES, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!