Contribution of Co-Operative Societies to Economic Development

Contribution of Co-Operative Societies to Economic Development.

Table of Contents

ABSTRACT

This research paper focuses on the Contribution of co-operative societies to economic development in Nigeria with particular reference to Unilever Nigeria Plc. The aim of this project work is to investigate the ways in which co-operatives can act as agents towards a sustainable community on the standard of living on the members of Unilever Nigeria Plc.

In pursuance of this research work, the analytical survey method through the aid of questionnaire was used to collect data from prospective respondents [60 Respondents was used].

This project is a descriptive survey which involves the collection of data for the purpose of describing the impact of co-operative societies on the standard of living of its members. In conclusion, this project work concludes that, to be effective and successful, co-operatives must continuously achieve two inter-related goals among the members of Unilever Nigeria Plc.

TABLE OF CONTENT

TITLE PAGE            i

CERTIFICATION    ii

DEDICATION    iii

ACKNOWLEDGEMENT    iv

ABSTRACT            v

CHAPTER ONE

1.1     BACKGROUND OF THE STUDY       1

1.2     OBJECTIVE OF THE STUDY    2

1.3     LIMITATION OF THE STUDY      2

1.4     RESEARCH QUESTIONS   3

1.5     HYPOTHESIS OF THE STUDY      3

1.6     SIGNIFICANCE OF THE STUDY    3

1.7     SCOPE OF THE STUDY  4

1.7     DEFINITION OF TERMS            4

CHAPTER TWO

2.0     LITERATURE REVIEW    7

2.1     NATURE, SCOPE AND EVALUATION OF CO-OPERATIVE SOCIETY       7

2.2     CO-OPERATIVE SOCIETY IN FOREIGN COUNTRIES     8

2.3     HISTORICAL BACKGROUND OF CO-OPERATIVE SOCIETY IN UNILEVER NIGERIA PLC  9

2.4     GOALS AND MODE OF OPERATION OF CO-OPERATIVE      10

2.5     PROBLEMS AND SOLUTION TO CO-OPERATIVE                    11

2.6     IMPORTANCE OF CO-OPERATIVE SOCIETY                            12

CHAPTER THREE

3.0     RESEARCH METHODOLOGY  22

3.1     POPULATION SIZE    22

3.2     METHOD OF DATA COLLECTION     22

3.3     SAMPLING AND SAMPLING PROCEDURE  23

3.4     DATA COLLECTIONS INSTRUMENT       23

3.5     PROCEDURE FOR DATA ANALYSIS     24

CHAPTER FOUR                

4.0     DATA ANALYSIS AND PRESENTATION OF RESULT    25

4.1     INTRODUCTION    25

4.2     PRESENTATION OF DATA  25

4.3     ANALYSIS OF RESPONSE      28

4.4     HYPOTHESIS TESTING   33

CHAPTER FIVE

5.0     SUMMARY, CONCLUSION AND RECOMMENDATION

5.1     SUMMARY      40

5.2     CONCLUSION   41

5.3     RECOMMENDATION   41

REFERENCES      42

QUESTIONNAIRE      43

INTRODUCTION

The co-operative moment began in Europe in the 19th century, primarily in Britain and France although the shove porter society claims to be one of the world’s first co-operative being established in Aberdeen in1498 (although is has since demutualized to become a private partnership).

The industrial revolution and the increasing mechanism of the economy transformed society and threatened the livelihoods of many workers. They attempted to address describe the climate at the time.

The first documented consumer co-operative was founded in 1769 in barely furnished cottage in Fenwick, East Ayrshire, when local weaver man handled a seeks of oatmeal into John walkers white washed from room and began selling the contest at a discount forming the Fenwick weavers society.

REFERENCES

Adebayo, S. T., Chinedum, O. H., Dabo, C. S. P. and Pascal, H. (2010).

Cooperative Association as a Tool for Rural Development and Poverty Reduction in Rwanda. Educational Research, Vol. 1, No. 11. pp. 600-608.

Adedayo, A. and Yusuf, O. R. (2004). Cooperatives and Poverty Alleviation in RuralSettlements of Kwara State, Nigeria. Savanna, Vol. 19.

Adjei, J. K. and Arun, T. (2009). Microfinance Programmes and the Poor: Whom Are They Reaching? Evidence from Ghana. Brooks World Poverty Institute.

Akingunola, R. O. and Onayemi, S. O. (2010). The Role of Informal Finance in the

Development of Women Micro-Businesses in Nigeria: A Case Study of Ogun and Oyo States. International Journal of Academic Research.

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