Friday 4 September 2015

ECONOMIC EFFECT OF CO-OPERATIVE SOCIETY ON STAFFS (Akoko North East Local Government)



ABSTRACT

This study examines the socio-economic effect of co-operative society on the staff of Akoko North East Local Government Council, Ikare-Akoko.

Questionnaires as well as oral interviews were used and the subjects consisted of sixty co-operators, ten each drawn from the six departments on the council. The study revealed among others that there is a cooperative society in the council named “Akoko North East Local government staff co-operative and thrift society” registered in 1997. Membership of the society now stands at four hundred and ten out of many members estimated to be six hundred and fifty staff of the council. The co-operatives has enabled many members to improve on their education. Twenty three members now own motor vehicles, and not fewer than one hundred members have started various business ventures through the loans they have received from the society. This society has indeed, improved the socio and economic lives of it members. Despite the achievement of the society it is faced with some problems such as,

       i.            The need to seek for more ways of generating funds.

     ii.            The need to evolve effective credit management and fraud prevention strategies.

  iii.            Liaising with the Local Government Council Commission to bring about an effective means of loan repayment by unified staffs, that are transferred after being granted loans.

  iv.            Embarking on co-operative for members throughout the organisation of seminars, workshops and training programmes.







TABLE OF CONTENTS

Title Page

Certification

Dedication

Acknowledgement

Abstract

Table of Content

List of Tables



CHAPTER ONE

Introduction

Background of the Study

Statements of the Problems

Purpose of the Study

Significant of the Study

Research Questions

Limitations of the Study

Definitions of Terms







CHAPTER TWO

REVIEW OF RELATED LITERATURE

The concept of co-operation

Meaning and Origin of co-operative

Evolution of co-operative /co-operation

Development of Co-operative movement in Nigeria

Co-operative Formation

Classification of co-operative



CHAPTER THREE

Research method

Research Design

Population and sampling procedure

Research instrument

Validity and Reliability of the instrument



FULL PROJECT HERE

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