GOVERNMENT POLICIES ON RURAL INDUSTRIALIZATION AND ITS IMPACT ON COOPERATIVE DEVELOPMENT (A CASE STUDY OF SELECTED COOPERATIVE SOCIETIES IN UMUNNEOCHI L.G.A OF ABIA STATE)

Abstract

The contribution of government policies on rural industrialization and its impact on cooperative societies with Ummunneochi L.G.A of Abia State as the case study. Data was generated by questionnaires distributed among registered cooperative societies and government policies in rural areas. Cooperative have contributed by providing farm inputs to rural areas 

TABLE OF CONTENT

Title page

Approval page                                                        ii

Dedication                                                             iii

Acknowledgement                                                  iv

Abstract                                                                v

Table of content                                                     vi

CHAPTER ONE

1.0  Introduction                                                    1

1.1  Background of the study                                  1

1.2  Statement of problem                                      3

1.3  Objective of the study                                      4

1.4  Research question                                            5

1.5  Significance of the study                                   6

1.6  Scope of the study                                           6

1.7  Limitation of the study                                     7

1.8  Definition of terms                                           8

CHAPTER TWO

2.0  Literature review                                             11

2.1  Introduction                                                    11

2.2  Cooperative in umuneochi L.G.A of Abia State            11

2.3  The Government policies of rural industrialization 15

2.4  The concept of cooperative development                   19

2.5  The nature of cooperative societies in Umuneochi L.G.A of Abia state                                                 24

2.6  Services offered by rural industrialization            26

2.7  Financial institution                                          27

2.8  Problems encountered by cooperative

 in industrialization of rural areas                       28

2.9  solutions to the problems encountered by

 cooperative in industrialization of rural areas             29

References.  

CHAPTER THREE

3.0  Research methodology                                     33

3.1  Introduction                                                    33

3.2  Research design                                              33

3.3  Population size                                                       33

3.4  Sources / method of data collection                          35

3.5  Sample size / sample size determination                    36

3.6  Sampling technique and procedure                     36

3.7  Validation of research instrument                       37

3.8  Method of data analysis                                    38

CHAPTER FOUR

4.0  Presentation and analysis of data                       40

4.1  Introduction                                                    40

4.2  Presentation of data analysis                             40

4.3  Analysis of data                                               41

4.4  Interpretation of data                                       46

CHAPTER FIVE

5.0  Summary, conclusion and recommendation         47

5.1  Introduction                                                    47

5.2  Summary of findings                                        47

5.3  Conclusion                                                      48

5.4  Recommendations                                           49

       Bibliography                                                    51

       Appendix

CHAPTER ONE

1. INTRODUCTION

Definition of cooperative societies are voluntary from business organizations in which individuals in a particular trade come together to foster/develop a smooth relationship aimed or protecting the interest of their members.

Ogujifor (2001) defined cooperative society as an association of persons or group of individuals who voluntarily joined together through business organization to achieve their common capital sharing in the risk and benefits and member participate actively or democratically.

Cooperative association and movement in the world has been seen as a continued or situational event or activity and an invention of necessity. It was born out of the local and economic condition and situation in Europe. The industrial revolution in Europe in the late eighteenth and all through the nineteenth century culminated in the formation of cooperative movement.

The rise and expansion of the modern cooperatives movement has its roots in the far reaching economic, social and political changes which took place in Europe in the eighteenth and nineteenth century especially the industrial revolution and the liberation of the peasantry from the former feudalistic system.

1.1  BACKGROUND OF THE STUDY

       In every area of human endeavour, there are policies, rules and regulations that wide them. Also in every sector of the economy, both government and private business, there exist government policies that serves as a guiding principles or tools for regulations of the government against the performance of the operations of such sector. For example e.g NIPOST, agriculture, health, housing, transportation and services etc.

       However, a good government will seek the welfare of its citizens; this explains newly such policies are argued/ ordained.

       A good government policy is the government policy that has achieved a level of good or better like for its citizenry. Rural industrialization is synonymous. With development. Industrial development usually starts with simple processing of agricultural commodities  by hand later by well fashioned and highly sophisticated equipment. These days, industrial manufacturing is a sophisticated mechanized process carried out in small firms or in huge plants and factories.