REVITALIZATION OF AILING INDUSTRIAL CO-OPERATIVE SOCIETIES (A CASE STUDY OF ENUGU CARPENTERS MULTI-PURPOSE CO-OPERATIVE SOCIETY LTD, ENUGU STATE)

REVITALIZATION OF AILING INDUSTRIAL CO-OPERATIVE SOCIETIES (A CASE STUDY OF ENUGU CARPENTERS MULTI-PURPOSE CO-OPERATIVE SOCIETY LTD, ENUGU STATE)

LIST OF TABLES

Tables                       Items                                                Pages

1. List of some existing societies                                        24
2. Distribution of selected of respondent                            36
3. Distribution of status of respondent                               37
4. Problem of the society                                                  37
5. Sources of fund                                                           38
6. Rate of supervision                                                      39
7. Calls for meetings                                                                40
8. Co-operative education                                                         41
9. Share capital                                                               42
10. Attendance to meeting                                                 42
11. Patronage by members                                                44
12. Payment of dividend                                                    44
13. Audited account                                                          44
14. Writing of programs report                                           46
15. Indebtness to the society                                             46
16. Revitalizating the society                                              47
17. Ownership of one single business                                  48
18. Engagement of professional managers                   49

ABSTRACT

The study of systematically revealed he process of revitalization of ailing industrial co-operative societies on Enugu State which include the following:-

Raising owned capital on preference to borrowed capital

Effective and efficient management

Regular attendance of meetings and effective contribution in affairs of the societies

Regular preparation of books of accounts and progress reports.

Regular calls for meetings by the management committee

Regular supervision of the affairs of the societies by co-operative suspicious.

The last but not the least is certainly adequate co-operative education.

After critical appraisal of these variables, workables recommendations were made, which the researcher hoped that if implemented would go a long way in revitalizing numerous industrial co-operative societies scattered on all towns and villages within the state.

TABLE OF CONTENTS

CHAPTER ONE

1. Introduction                                                               1

1.1    Background of study                                                   1

1.2    Statement of the problem                                            5

1.4    Scope of the study                                                      6

1.5    Research question                                                      7

1.6    Significance of the study                                             8

1.7    Limitation of the study                                                 9

1.8    Reverences                                                                        10

CHAPTER TWO

2.0    Review of related literature                                          11

2.1    Objective of chapter                                                    11

2.2    Industrial co-operatives – definitions                             11

2.3    Industrial co-operatives – developmental stage              12

2.4    Industrial co-operatives – formations                            15

2.5    Industrial co-operative – operations                              17

2.6    Industrial co-operative – controls                                  18

CHAPTER THREE

3.0    Research design and methodology                                       19

3.1    Research design                                                         19

3.2    Area of study                                                             21

3.3    Population of study                                                     22

3.4    Sample and sampling procedure techniques                  23

3.5    Instrument of data collection                                                23

3.6    Valuation of the instrument                                          24

3.7    Reliability of instrument                                               24

CHAPTER FOUR

4.0    Data presentation and analysis                                     25

4.1    Presentation and analysis of data                                 25

CHAPTER FIVE

5.0    Summary of feedings, conclusion and recommendations 45

5.1    Summary of findings                                                   45

5.2    Conclusion                                                                 47

5.3    Recommendation                                                                49

Bibliography                                                               51

Appendix                                                                   52

CHAPTER ONE

MEANING AND DEVELOPMENT OF CO-OPERATIVE

1.0   INTRODUCTION

1.1   BACKGROUND OF THE STUDY

MEANING: Before going into details of our work, it is pertinent to give a brief definition of the tem “Co-operative Enterprise”. According to Onuoha, (1986). A co-operative is defined as an enterprise whose owners are at the same time the users of the facilities, goods and services provided.

REVITALIZATION OF AILING INDUSTRIAL CO-OPERATIVE SOCIETIES (A CASE STUDY OF ENUGU CARPENTERS MULTI-PURPOSE CO-OPERATIVE SOCIETY LTD, ENUGU STATE)