ABSTRACT
This research project is on “ the role of consumer
co-operative societies in Economic development”. A case study of the consumer
co-operative societies in Nkwere Local Government Area of Imo state.
The ultimate objective of this study is to critically examine the impacts and roles which consumer co-operative play in promoting the socio-economic condition of people of Nkwere local government area of Imo state.
Total
population of 69 was chosen and sample size of 58 was selected.
A survey
research was used for this study, research questions were distributed and some
were used. The questionnaire were analyzed and converted to percentages.
Based on the data collected, some deductions were made.
However, the researcher hoped that the suggestions and
deductions of the study will be considered by the relevant authorities, they
may encourage enthusiasm and improvement in the consumer co-operative societies
in Nkwere and society at large.
TABLE
OF CONTENTS
Title page ————————————————–i
Certification————————————————-ii
Dedication————————————————–iii
Acknowledgement
——————————————iv
Abstract —————————————————–v
Table of contents
——————————————-vi
CHAPTER ONE
1.0 INTRODUCTION—————————————1
1.1
Background of the Study——————————–1-2
1.2
Statement of Problem ————————————-3
1.3
Objectives of the Study———————————4-5
1.4
Scope of the Study—————————————-5
1.5
Research Question————————————–5-7
1.6 statement of Hypothesis
——————————————–7
1.7 Significance of the Study
——————————————-8
1.8 limitation of the
study———————————————-8-9
1.9 Definitions of Terms——————————————–9-11
CHAPTER TWO
2.0 THE REVIEW OF RELATED LITERATURE ———12
2.1 Definition and Origin Of Consumer Co-Operative——-13-16
2.2 Sources of Funds In Consumer Cooperative
Societies-16-18
2.3 Managing Consumer Cooperative Societies ————-19-20
2.4 How Consumer Cooperative came
to Nigeria
———21-22
2.5 types of consumer Cooperative Societies in Nkwere
Local Government Area.—————————————————23-26
2.6
Achievement of the consumer cooperative societies in Nkwere local government
area.———————————————–26-29
CHAPTER THREE
3.0 RESEARCH
METHODOLOGY ——————————–30
3.1 Introduction ——————————————————30
3.2 Research Design———————————————–30-31
3.3 Sampling Design ———————————————-32-33
3.4 Method Of Data Collection————————————-33-35
3.5 Method Of Analysis ———————————————–36
CHAPTER FOUR
4.0 PRESENTATION
AND ANALYSIS OF DATA—————–37
4.1 Presentation Of Data ———————————————38
4.2 Analysis Of Data ———————————————-38-48
4.3 Test Of Hypothesis ——————————————-49-54
4.4 Discussion Of Results —————————————-54-55
CHAPTER FIVE
5.0 SUMMARY
CONCLUSION AND RECOMMENDATION——-56
5.1 summaries ——————————————————–56
5.2 conclusions——————————————————56-57
5.3 Recommendation———————————————–58-59
Bibliography
———————————————-
Appendix
————————————————–
CHAPTER ONE
- INTRODUCTION
1.1 BACKGROUND
OF THE STUDY
Co-operative
according to Samuel. C. Chuwku (1990:1) is a generic term. Any form of
association of two or more persons working together to achieve some aim or
aims, such working together may be on a formalized or informal basis,
economic or non economic.
Furthermore, consumer co-operative society according to Helm F.C (1968:2) is defined as “An organization formed to supply members’ households with suitable assortment of consumer goods of good quality and at reduced price, thus increasing the member’s income and their standard of living.”
The first successful co-operative that
ever existed was the Rochdale equitable
pioneers of 1844.
However, the consumer co-operative societies in Nkwere local government area concerned with the empowerment of members whose coherence and vitality are derived from the concept of service to members and to the community. Consumer co-operative societies in Nkwere loca government area continue to exist because of the unfair prices charged by the middlemen, which was beyond the reach of income earners.
However, the various consumer co-operative
societies in Nkwere local government area came as a result of exploitation in
the economic system, commodities were not sold in good weight and measures,
standard were not kept, prices of
commodities were not fair, and exploitation existed in different forms.
Furthermore, because of the above
irregularities, the people of Nkwere local government came together (those with
common economic interest)to look for ways to improve their standard of living.
It therefore led to the formation of various consumer co-operatives in Nkwere
local government, with the existence of these consumer co-operative societies
in Nkwere, income per capital of people
was increased and the co-operatives have come to rescue the people and have
contributed to the development of the economy of the people.
1.2
STATEMENT OF PROBLEMS
There are series of problems that arises
in the economic development of Nkwere local government.
This study will find out how the economic
development of Nkwere local government will be improved and contributed more
meaningful to the standard of living of the people.
Some of the problems encountered by the
people of Nkwere local government can be stated as follows;
This project work emphasizes the facts
that the existence of consumer co-operative societies in Nkwere local
government area is not futility.
Besides, the researcher seeks to establish
that consumer co-operative societies have come to stay in order to abolish the
evil of the capitalist and make life easier to the people.
The study also focuses on the types of consumer co-operatives in Nkwere local government area in the activities of the societies and their numerous advantages and limitations.