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ECONOMICS

IMPACT OF COOPERATIVE ORGANIZATION.

IMPACT OF COOPERATIVE ORGANIZATION.

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IMPACT OF COOPERATIVE ORGANIZATION.

ABSTRACT

The focus of this research is on the impact of cooperative organisations on the development of Imo – state (a case study of Oru – west L.G.A). This work is particularly concerned with the perception of cooperative enterprise in terms of its impact on development in any form.

In Chapter One of this paper, which is the introduction, the researcher examined the dynamic character of cooperative companies re-instating the main thrust of the or gain in development or as a means of development.

The study’s problem, purpose, and relevance were clearly articulated, as were the breadth and limitations of the research questions on the subject of investigation.

In Chapter 2, which deals with a literature review, the researcher examined several definitions of cooperative by famous workers. Defines also included the instrument of development and the impact of cooperative organisations in rural development, as well as the history of cooperative societies in Oru-West and Nigeria, the origin and function of the divisional cooperative council (DCC), and finally, the impact, achievement, and problems of cooperative societies in Oru-West.

Chapter three covers research design and methods. The researcher indicated the source of data used, the personality administered questionnaire, and the purposive sample method that was not offered in determining the requisite information and the method of inquiry and opted.

The fourth chapter covers data presentation, analysis, and interaction. In this regard, the researcher analysed the data supplied using percentages, and preachers were used as an additional illustration of the data gathering tables.

Finally, Chapter 5 offers a summary of findings, a conclusion, and broad recommendations based on the findings of this study endeavour. At any rate, the researcher is completely responsible for the errors and mistakes presented herein.

Chapter one

INTRODUCTION

1.1 Background of the Study

Cooperative societies play a significant role in growth. Its importance in development cannot be overemphasised. The socio-economic condition in this country is quite complex.

The wealthy have many advantages; they reside in cities and have access to a variety of amenities, whereas the impoverished are confined to rural areas with few or no amenities.

The majority of Nigeria’s population lives in rural areas. Rural areas are defined by their per capita income and agricultural output, which are the result of inadequate soil, tools, and infrastructure.

In light of this, the government wants to reach out to rural areas and assist them in developing through the usage of cooperative companies.

Cooperative societies in Nigeria emerged following the Great Depression of 1930-1935. The colonial overlords were primarily interested in introducing cooperatives in agricultural areas, and cooperative societies arose.

Cooperatives are socioeconomic organisations whose value in the transformation of communities has been recognised internationally.

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