The role of co-operative societies in rural development(a case study of Nsukka local government AREA). Sources:
www.projectng.comABSTRACT
This research work was systematically carried out especially to ferret out the roles of co-operatives societies in rural development a case study of Nsukka Local government area
In the first chapter, the research did the introduction by having overview of what co-operators should be in order to actualize their targeted goals and objectives. The chapter also highlights the following, the objectives, significance those who are likely to benefits from the study, there was a very good hypothesis tentative guess and definitions of important terminology used in the context.
Moreso, in chapter two, the writer reviewed related literature –various authorities who has written books presented seminar papers and other library materials.
Finally, the conclusion was properly conducted to find out the real hypothesis.
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Co-operative societies as a form or type of business organization comes about when people with common, interest unit themselves into a group, financial and controlled by them for the purpose of achieving their goals. We believe from many others, that co-operative societies started in Nigeria in the early 20th Century. It should be noted that the life parterns of various communities in the country showed some traits of co-operative societies before the advent of modern co-operative societies. This is understandably so because most communities in Nigeria and Africa in general had ( and other still have) series of association youth association etc.
These organizations, communal farming through collective efforts, construction of rural roads extension of credit facilities to members etc, many of the modern co-operative societies have the above objectives.
According to Chief Obukada Achoja, from (MPC) Bulleting review (169:p.49) said that co-operative societies started Ethiopia last local government area of Delta state, which was created from Ethiopia local government area of Bendel state of them Midwestern Region of Nigeria, in 1968 with the formation of multipurpose co-operative societies (M.P.C.S.) The late emergence of co-operative societies in Ethiopia last and other parts of the mid west region was as a result of the administrative policy adopted by the former colonial masters. The policy was such that did not permit undue influence in the activities of the mid-west region.
The recent increase in the formation of new co-operative society in the country is a clear indication that many people and institutions alike have found co-operative societies of a useful tool in the furthering different interests. In the fourth National Development toward the growth and development of the co-operative sector in the country.
Towards this end government policy would be aimed at:-
i. Strengthening the movemnet in genral through assistance in cash and kind, particularly in the area of provision of storage facilities and shops.
ii. Increasing the number and membership of co-operative societies.
iii. Relying increasing on the societies for the distribution of essential consumer goods.
iv. Strengthening the manpower support services traditionally available to the co-operative societies.
(Federal Ministry of National Planning, 1981).
Samuel O Adeyeye – (1977,p.012) after a through study of co-operative movement in Nigeria recommended the establishment of co-operative societies in Nigeria in view of the economic benefits they could involve
Ihomoju (1988, p75) also claimed that the establishment of co-operative society could enhance the standard of living of the masses, contribute to the education of member and facilitate the marketing activities of farmers. Also, co-operative movement to be in the best position to stimulate food production through extension of credits to the co-operatives as well as the financing of large scale food production scheme in the rural areas. (S.O Adeyeye 1977 p. 4) Therefore there is the need to find out whether co-operative societies in Ethiopia last local government area are capable of fostering similar societies rural development.
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