THE IMPACT OF CO-OPERATIVE ORGANIZATION (MULTI PURPOSE) IN THE ECONOMIC DEVELOPMENT OF ENUGU STATE. (A CASE STUDY OF ENUGU METROPOLIS)
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THE
IMPACT OF CO-OPERATIVE ORGANIZATION (MULTI PURPOSE) IN THE ECONOMIC DEVELOPMENT
OF ENUGU STATE.
(A CASE STUDY OF
ENUGU METROPOLIS)
ABSTRACT
This project work is a detailed study
of co-operative organization with special attention to their contribution in
the economic development of Enugu state.
The major objectives of this study is
to the area in which co-operative organization has bettered the lots of the
people sustain their economic needs improve their standard of living, alleviate
the unemployment problems and to appraise the general impact.
Due to time constraint and other
limitations of this study, the research covers the impact of co-operative
organization (multi purpose) in Enugu state.
The major findings of this study are as
follows:
1.
Co-operative organization helps in uplifting living standard of the people.
2.
Co-operative organization involves in the development of the place.
3.
Co-operative organization helps in controlling inflation.
4.
The economic life of the people improved by the co-operative
organization.
TABLE
OF CONTENTS
CHAPTER ONE
INTRODUCTION
1.1
Background of the study
1.2
Statement of the problem
1.3
Purpose of the study
1.4
Scope of the study
1.5
Research questions
1.6
Significance of the study
1.7
Definition of terms.
CHAPTER TWO
LITERATURE REVIEW
2.1
Historical background
2.2
Meaning of the co-operative organization.
2.3
Basic principles of co-operative organization
2.4
Structure of co-operative organization
2.5
The role of government in co-operative development
2.6
Agricultural and rural development.
2.7
Achievement of co-operative organizations
References
CHAPTER THREE
RESEARCH DESIGN AND
METHODOLOGY
3.1
Research design
3.2
Area of the study
3.3
Population of the study
3.4
Sample and sampling procedure
3.5
Instrument for data collection
3.6
Validation of the instrument
3.7
Reliability of the instrument
3.8
Method of data collection
3.9
Method of data analysis
References
CHAPTER FOUR
DATA PRESENTATION AND
ANALYSIS
4.1
Presentation and analysis of data
4.2
Summary of result
References
CHAPTER FIVE
DISCUSSION,
RECOMMENDATION AND ANALYSIS
5.1
Discussion of result/finding
5.2
Conclusions
5.3
Implications of the research findings
5.4
Recommendations
5.5
Suggestions for future research
Bibliography
Appendix.
CHAPTER ONE
INTRODUCTION
1.1
BACKGROUND OF THE STUDY CO-OPERATIVE.
Organization is association where one
is free to enter and also independent of itself. It is for the betterment of
its members economic condition since the commencement of the co-operative
association (society) in the world in 1854 and in Nigeria following the
submission of Strickland report on 27 April 1974 co-operative organization has
come to be.
Co-operative organizations are not
public institutions nor government agencies for the execution of government
plans rather co-operative is for the people with common interest as a defense
mechanism to fight against the situation brought about by the adverse
socio-economic conditions.
Due to the adverse socio-economic
conditions presently hitting the nation people cannot get all that they need.
Hence the best way they can get reasonable satisfaction of their needs is by
coming together to pull their resources so as to solve their economics
problems.
Since the commencement of co-operative
organization in Enugu metropolis it has to a large extent helped in the economic
development of the area. Though, co-operative societies have been seen to have
some problems. The problems are not only peculiar to this area alone rather to
the nation as a whole. The research study centered on the worst problems that
are peculiar to co-operative societies in Enugu metropolis.
1.2
STATEMENT OF THE PROBLEMS
The current Nigeria economic situation
calls for hard work this period in the country’s economic development could
emerge a turning point in the nations history. The scope of co-operative
organization as an active element in the creation of economic development has
never been a debate.
That co-operative society with their
integrated resources control inflation by increasing food supply and improved
distribution channels. Co-operative organization develops both in both
agriculture and small-scale business.
Co-operative organization creates
employment opportunities hence reducing the unemployment problems facing the
country and Enugu in particular. The co-operative societies provide educational
services to its members.
Co-operative organization plays an
important role in the mobilization of rural savings.
Co-operative organization thus generate
equality in the distribution of wealth and ensures that the effect of economic
activities alleviate the condition of both rural and urban areas. It is the
philosophy of co-operative organization to development the infrastructure both
in rural and urban areas.
1.3
PURPOSE OF THE STUDY
The purpose of the study is to know the
impact of co-operative organization in the economic development of Enugu
metropolis. So as to know how to make their performance effective and achieve
their set objectives.
The purpose of the study are as
follows:
a.
To examine the achievement of co-operative organization in Enugu metropolis.
b.
To find out their problems.
c.
To know the important of co-operative organization.
d.
To give the recommendation on how to over come the problems.
1.4
SCOPE OF THE STUDY
for the purpose of this study, the
co-operative in the Enugu metropolis is covered only.
1.5
RESEARCH QUESTIONS
1.
Has co-operative organization raised the economic well being of the
people of Enugu
metropolis.
2.
Has co-operative organization any impact in the economics development
of Enugu metropolis.
3.
Is the loan given to the members increasing with time at the same time
with the out put of the members.
4.
Has co-operative organization helped in uplifting the living standard as a
whole?
1.6
SIGNIFICANCE OF THE STUDY
If co-operative organization will be
properly organized and co-ordinate it can be of great importance to the
individual and the country as a whole.
Co-operative organization does not only
help the individual alone. Rather it makes it possible for the people to pull
their resources together and as well make such individuals affairs its own
objectives.
The research of the co-operative at the
study of the co-operative organization as being important. The research will
also encourage and help people to establish co-operative organizations. It can
be also a guide to subsequent research work similar to this. Besides the
recommendations from this research work, will help improve to a large extent
any given co-operative organization. And also get the maximum benefits of
co-operative ventures. This should justify the significance/importance of this
study.
1.7
DEFINITION OF TERMS
Socio
economic: Of or relating
to society and economy.
Mobilization: To become or
make ready for service r action the needed resources.
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