THE ROLE OF PURCHASING AND ECONOMIC DEVELOPMENT

THE ROLE OF PURCHASING AND ECONOMIC DEVELOPMENT

ABSTRACT

This research work titled, “purchasing and economic development” of Ehime Mbano. (A case study of Mbano local government area) was carried out by the researcher. Chapter one, deals with the introduction and the historical background of the study, statement of the problems, objective of the study, research question, Research hypothesis, Significance of the study and scope and limitations of the study include in this chapter. Chapter two, deals with the review of past related literature, with the following sub-leadings were discussed: contributions of purchasing towards education development, purchasing and its economic contribution to rural development and the performance of purchasing in Nigeria. Chapter three, deals with the research design and methodology, area of study, population sample, and sampling procedure, sources of data etc were discussed: primary data are oral interview, observation and questionnaires while secondary data involves the use of past research text book and project writing. Chapter five, it deals with the finds, recommendation and conclusions. The findings discovered is that purchasing is doing fairly well is Mbano local government area by providing employment, marketing product of the recommendations are: Imposed purchasing educational programme from time to time for the member. Close monitoring of the activities of the purchasing. In conclusion purchasing have been able to develop the areas in term of providing employment for the citizens and providing essential commodities to the members. Based on the findings the researcher made some recommendations. The financial base of the purchasing   in Mbano, should be improved through the following ways; Government should provide find for purchasing   through loans and special grants. An education department should be created in Divisional Council. Based on the finding the researcher made some conclusion. That purchasing in Mbano help their members economically in form of granting loan to member, and purchasing   are doing fairly well in term of business transaction.