The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)
This research work therefore, studies the contributions of cooperative society to the economic development of our economy facts about this contribution are extracted from textbooks, articles, diaries, lecturer notes and both local and foreign website. Aglimpse at the various chapters of this work tend toe explain the contributions cooperative societies have made so for. This project is divided into five chapters. Firstly, it gives an insight to introduction, background of the study from 1.0-1.9, chapter one enhances our purpose of the study.
Chapter two deals with literature review, the review of literature has to do with the examination of the study previously done in relation to the project topic.
The third chapter borders on research methodology, which means any effort to verify basic information, and the various ways of sources of information, i.e. data collection, population and sample, research design, sample techniques and data analysis techniques, there are also ways of sourcing data, the primary source and secondary source.
Chapter four dwells on presentation and analysis of data, this chapter deals with the presentation of data collected from questionnaires from the data collected and analyzed made.
Chapter five deals with the summary, conclusion and recommendation.
Since the existence of Nigeria, various government both the colonial and post independence governments devised to different means of developing the nationals economy. The colonial government of Nigerian introduced the concept of cooperative movement in Nigeria after studying its concept in Europe as a strategy for developing the country economy. Cooperative have provision for education and training for their members, elected representatives, managers and employees so that they can contribute effectively to the development of the society, education is the bedrock upon which cooperative is built. It is important for the cooperative to embark on educational projects for its members, employees and the general public in that it is through cooperative education that people will come to understand the ideals of cooperation and willingly join cooperative societies.
Cooperative education is necessary for cooperative movement to ensure the preservation of the cooperative ideology, recruit new members and create a favourable atmosphere for the running of cooperative societies. Cooperative education that people will come to understand the ideals of cooperation and willingly join cooperative societies.
Cooperative education is necessary for cooperative movement to ensure the preservation of the cooperative ideology, recruit new members and create a favourable atmosphere for the running of cooperative societies. Cooperative education can be imported through the formal classrooms, seminars, and symposium, mass and print media. 21/2 percent of the cooperative net surplus is set aside for cooperative education among cooperatives.
1.1 Background Of The Study
Cooperative movement can be traced back to Britain into a second half of the 21st century. Cooperative movement came into being as a result of capital owner’s introduction of new method of production in order to increase productivity and as well accumulate more wealth at the expense of labour. According to Onuoha (1986), will the invention of the textill Indus try was completed and the stage was set for the clsassi9c capitalist exploration of labour moreover, okokwo (1989) went further to say that these capitalist, employed thousand owners were more interested in making profit.
This exploration of workers buy the capital owner led to agitation by workers for better condition by their employers because of problem encountered in their labour area they decided to from an organization, which will help to ameliorate their economic condition according to okonkwo (1989), the year 1844 marks the birth of cooperative movement in the world he went further to say that “ a group of 28 working class people, most of the weaves, launched the first ever successful cooperative society. These 28 working class the early fathers of the cooperative movement are know in cooperative history as the Rockdale equitable pioneers with a capital of 128.
Following its enormous role in great suitably some of the countries borrowed the idea of cooperative movement in developing their economy. As a result of these positive development the government of Nigeria, under Britain colony appointed Mr. C.F. Strickland in 1933 to study and report on the feasibility of forming cooperative societies in Nigeria, as a way of curibing her economic s problems, Mr. Strickland recommended the introduction of cooperative movement in Nigeria in the report be submitted in 1934. according to Okonkwo (1986) his ( Mr. strickland) report was accepted by government and so in 1933, the Nigeria cooperative society ordinance was enacted and in the following year 1936, regulation was drawn up for the running of cooperative societies. The cocoa marketing societies at Grbedum was the first registered cooperative movement in Nigeria still in 1936, there was a regionalization to cooperative in eastern Nigeria and Northern.
Cooperative movement. In 1936, the regional concept was abolished and as such the central state emerged among others. Apex organization were established such as the East Central State Cooperatives Development Association (E.C.S.D.A). Which came into existence in 1973 to monitor and land funds to the primary societies. In 1976, Anambra state was created and Anambra state financing Agency took over from (E.C.S.D.A). In 1778, the name of the Nigeria Agric Bank (N.A.B) was changed to Nigeria Agricultural and cooperative Bank (N.A.C.B),the major objective of this action is to finance the operational scheme of the primary societies through (N.C.F.A). Moreover, people bank and community bank have in giving loans to cooperative societies as a very low interest rate .
1.2 Statement Of The Problem:
This research work intend to study the cooperative societies and their role in urban development from the point of observation, it is quite dear that in spite of government patronage of cooperative, they have performed below expectations. Consequently have the cooperatives actually fulfilled the aims of establishing them in order word, what role have they played in the following area.
1.3 Objective Of The Study:
This research work is designed to establish the role of the cooperative societies in the urban development. In the light of findings, to recommend how the contributions of cooperative societies in urban development can be improved. Similarly the findings, will provide useful information for the incoming generation who wish to carry out more research on this subject matter.
1.4 Research Questions:
The following research questions were used to develop questionnaires through which data on rolek of cooperative in the urban development were collected,
- Has the cooperatives movement any economic and development benefit?
- Does the cooperative movement operate on and dynamic functional structure?
- What impact has the movement played in upliftment of the socio-economic welfare of its member k that is meant to gear them towards productivity?
- What are the functions of this movement?
- Has the cooperative movement made achievement that might be geared towards economic growth?
1.5 Statement Of Hypothesis:
according to Adamu and Johnson (1997), there are two types of hypothesis.
The null hypothesis (Ho) and Alternate hypothesis (Hi)
The null hypothesis states the negative aspect of the research describes the assumed result in an affirmative manner.
The two types of hypothesis were used in this research as shown below:
- Ho: Cooperative has not made impact in the development of cooperative.
Hi: Cooperative has made impact in the development of cooperative.
- Ho: Organization that does not has their staff is not likely to be effective in the management of their enterprises.
Hi: Organisation that has their staff is likely to be effective in the management of their enterprise.
1.6 Significance Of The Study
Having learnt of the criticisms leveled against cooperative body the researcher want to carryout a research on what functions and its benefits is the cooperatives to the socio-economic growth of the society. The researcher also want to have an empirical idea to support all the sortc4e about the power impression people have of the movement and do advice them on how to improve their service by going through the researchers recommendation. This is one of the reasons why this study become very necessary.
The study’s sought to x-ray the continued importance and problems of COFAS in urban development with a view to finding lasting solution to its problems. Increasing COFAS efficiency and reawakening the government to the need to give prompt attention and assistance to COFASm in order to enable them to play a role in urbani development very well. This study will also be a useful documents to cooperative societies, economic planers, students, instructors and general public. It is hoped also that this study will be a reference document for pastering.
1.7 Scope Of The Study
This study is primarily focused on the role of cooperative in urban development with emphasis on their roles towards socio-economic growth of the nation. Nevertheless, there was still the need to move out of COFAS to the individual cooperatives and cooperators to know how they react to the urban development and then know how COFAS impacts either positively or negatively to the urban development.
1.8 Limitation Of The Study
Every study has its own constraints and limitations. These goes a long way to affect their overall exercise, the attainable result not with standing. In the same way this research has its own limitation which include the following:
- The research has limited access to records and statistical data relevant to this work.
- Time factors was another limitations as there was not enough time to do some field work ijn which would have proved invaluable to the success of this work.
- Another problems is the financial constraints in buying the materials needed for the study, transportation cost of going to the area of study to distribute and collect the research questionnaire is highly forcing the researcher to financial squeeze.
- The indifferent attitude of the cooperative officials towards organizing and managing their records. Properly made is very difficulty to obtain correct data.
- Some of the cooperators were ignorant of the purpose k and signifincance of this study, thus most evident low percentage of the questionnaires returned.
1.9 Definition Of Terms
i. Apex cooperative:
This is a registered cooperative society formed by other societies to facilitates their operation at the sate cooperative development association.
Anambra cooperative financial agency. These groups look over from (E.C.S.D.A.) and their work is also to monitor and lend funds to the primary societies.
Nigeria Agricultural and Cooperative Bank: It was formerly know as Nigeria agric bank.
“NAB and the major objectives of the bank were to fiance the operational scheme of the primary societies through A.C.F.C. Anambra state. Cooperative financial agency.
iv. A cooperative:
Anyone who feels, he desire needs the services of a cooperative business enterprises and belongs to one or more. It is who believe and share membership of a cooperative.
Cooperative Federation of Anambra State Limited. And it is stated of formed in the year 1991.
This simply means an increase in the skill, knowledge, power and responsibility of employees.
vii. Roles Functions/Responsibilities:
This simply means the job or work carried out by the cooperative movement. To enable the growth and development of the organization.
5.0 Summary, Conclusion And Recommendations
This chapter is aimed at summarizing the entire findings in the course of research, the conclusion arrived at by the researcher as regards to cooperative education. training was stated and recommendations which will help to enhance the future of cooperative education/training were also mentioned by the researcher. This chapter shall summaries the findings made in this research so far recommendations made to improve areas that need improvement.
5.2 Summary Of Findings
After analyzing the data in the proceeding chapter, the findings were made.
- The great percentage of cooperative words have not undergone any cooperative training or education since they joined cooperative and there is little or no job relations operations or activities of establishment.
- The cooperative have not done enough what economic growth of the nations.
- The internal generation is the great quota of cooperative society’s financial resource.
- The cooperative inspectors have not properly supervised and enlighten the management if cooperative and sub-committee on the performance of this assignment.
- Their most of workers of COFAS are not satisfied with the COFA’s role towards the upliftment of the socio-economic welfares of their society or community.
- In spite of all functions of COFAS, some workers are not satisfaction of COFAS has not experience and confidence to do what they say. Again, the findings of the study haves gone to show that COFAS have not properly done enough towards the national economic development. Conclusively, the findings of the study has gone to show that COFAS government did not give any support to the cooperative i.e. they any support to the cooperative i.e. they did not grant and aids to their loan.
After research on the role of cooperative in urban development at COFAS Awka. COFAS should train and their workers and members because they properly train workers or members to perform their job with confidence and ability to increased productivity are efficiency. The working and member also feel a sense of belonginess and highly motivated when they are exposed to various types of cooperatives programmes COFAS should see that the aims, functions and objectives of COFAS are well achieved and this will also help in urban development.
Bases on the findings above and the peculiar nature of COFAS, the researcher therefoe make the following recommendations.
- The cooperative movement should as a matter of urgency, workout on mores generalized and viable programme on the training and educating the cooperative worker, members of public such as in-service training, on the job training sponsor then to seminars and conferences, evers send more about the field of their job and their association.
- The researcher recommend that all cooperatives should be toppled and set theirs sares to the general public in order to make more capitals and profit. They should also engage themselves in external sources of fund e.g. borrowing more from the bank and government.
- Since greater percentage of workers are nit satisfied on how the inspectors of cooperatives are doing their job, the cooperative should make sure that the inspectors are supervised and enlightened if management of cooperative and sub-committee very well on the performance of their assignment.
- The researcher recommend that these cooperatives should have self confidence and stand from on its own, so as to see that they achieve all their aims, functions and objectives and do wh8atever they say.
- The COFAS should see that all the duties allocated to the management of cooperative and sub-committee by the laws and bye-law governing the cooperative should be taught to all the cooperative members.
- The researcher recommended the COFAS should make sure that they did what they suppose to do towards the upliftment of socio-economic welfare of the society, such as creating employment opportunity. Credit facilities to the public loan to the poor f6armers in the society and help to reducing poverty to the state etc.
- The researcher recommend that their l government should grant and aids to the cooperative societies as to enable them to do what they suppose to do.
The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)
The complete material will be sent to you in just 2 steps.
Quick & Simple…
Make payment of ₦3,000: through USSD Transfer, Bank Mobile App, ATM Transfer, or POS Transfer to:
|Account No.: 0811003731|
|Name: Samphina Academy|
|Account Type: Current|
Or Click Here to pay with Debit Card
|FOR CLIENTS OUTSIDE NIGERIA:|
|Click Here to pay with Debit Card ($15)|
|GHANA – Make Payment of 60 GHS to MTN MoMo, 0553978005, Douglas Osabutey|
Send the following details through Text Message or WhatsApp Messenger | +234-8143831497
- Payment Details
- Email Address
- The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)
The complete material will be sent to your email address after receiving your payment information | T & C Apply
You may also like:
This research material “The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)” is for research purposes and should be used as a guide in developing your research project / seminar work. For no reason should you copy word for word (verbatim) as samphina.com.ng will not be liable for any who copied the material.
The aim of providing this material is to reduce the stress of moving from one school library to another all in the name of searching for research materials. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works. According to Austin Kleon “All creative work builds on what came before”.
samphina.com.ng is only providing this material “The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)” as a reference for your research. The paper should be used as a guide or framework for your own paper. The contents of this paper should be able to help you in generating new ideas and thoughts for your own research. Use it as a guidance purpose only.
How to defend your research work
This is a general guide on how to defend your research work:
1. Prepare For Questions:
If you are preparing for questions that may be asked during your defense, then your answers will flow smoothly and effectively. This will prove your knowledge on the subject e.g “The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)“, and strengthening your argument. Ask friends and family, read your work for them to listen to your presentation, and write down questions. You may be lucky the panel will ask you those you have already prepared on.
2. Strong Summary:
Summarizing your chapters will help keep your audience focused because it is easy for a mind to drift, so providing summaries will ensure your panel will follow along, even if they lose focus for a brief moment. Visual aides, such as graphs and power-point presentations can be very helpful. If you are going to use these, make sure you will practice your presentation with them.
3. Be Confident in Your Research Work:
Not knowing your topic “The Role Of Cooperatives In Urban Development (A Case Study Of Cooperative Federation Of Anambra State)” inside out will cause you to struggle and ultimately fail with your defense. You need to know the subject from every angle to ensure you are fully prepared for any question that may come your way.
Reinforce your findings to conclude your defense. The finale of your presentation should focus on proving the work that has been done. You may need to recap on what has changed and remained unchanged, if is necessary.
5 . Listen:
Before you get defensive or recite a particular answer, make sure you truly understand the question being asked. Being a good listener is an important quality, because providing an inaccurate or off-topic answer will also weaken the validity of your paper.