ABSTRACT
The study was conducted to examine how unemployment has been reduced through cooperative movement in Enugu North Local Government Area, from the year 2000 – 2004. In the course of this investigation, research objective and hypothesis were formulated. Both primary and secondary data were collected, and data were then presented in a tabular form. Based on the above, the findings on the topic is as follows:
Staff/employee of the sampled cooperative are averagely qualified for their various jobs and they are given opportunities for further training by the cooperative societies. Employee of the sampled cooperative are averagely paid with some necessary allowances. Co-operative societies absorbs about 35% of school leavers yearly. There is a continuous education both to the members and the whole public. The researcher’s recommendations includes these:
Government should make it compulsory for every establishment to have its own cooperative. Government should set up more cooperative banks to give loans to individuals and groups that are prospecting to establish cooperative. In conclusion the researcher deemed it necessary that every hand must be on desk to encourage the establishment of cooperative enterprises, since it is now obvious that the only option left for us is to adopt the socio- economic model of mutual self help.
TABLE OF CONTENTS
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
CHAPTER TWO
2.0 LITERATURE REVIEW
CHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
CONCLUSION.
BIBLIOGRAPHY
APPENDIX.
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Co-operative is a basis for overall transformation of citizenry social and economic problems. According to Berko (1987 :29), co-operative society is a voluntary and democratic association of persons, with variable membership and variable capital whose members pooled themselves and their resources together on mutual and self help basis to form a business enterprise which seeks to solve the socio-economic problem(s) of these members by directly providing goods and services to them in their capacity as either the owner/customer or owner – employees of the cooperative enterprise. According to Amahalu (2005 :2), cooperative is defined as an association usually incorporated with economic aims, formed by or for persons or co operations, having common needs, approximately equal voice in management, making approximately equal or proportional contributions to capital, deriving proportionate services and benefits from it. Co-operative in order to promote the welfare of their members involve themselves in most tangible projects like building of houses, building of schools, building of hospitals, building of recreation centers, markets and building of industries. Co-operative serves as a hold to company and local development agency; it also seek to provide a community owned structure.
STATEMENT OF PROBLEMS
Today, there is vast unemployment in Nigeria and Enugu North in particular. After many years of democracy there are graduates of 15 (fifteen) years standing, that room the street in search of white-collar jobs that don’t exist. Unemployment is still on the increased irrespective of federal government budget to curb the scourge. In the year 2000 the Federal government budgeted N10 billion and N20 billion in 2001 to deal with unemployment yet, unemployment increases on daily basis. Both the state and federal governments are lunching out a lot of programmes, on small scale business enterprise, yet unemployment is increasing. However, the fact remain that no country can succeed in providing a reasonable standard of living for her citizens. It is now obvious that the only option left of us is to adopt the socio – economic model of mutual self help whereby unemployed individuals can voluntarily join together to achieve a common goal through the formation of co-operative enterprise. Co-operative we know plays multiple roles as institutional frame work for allocating scarce resources, stimulating economic growth and enhancing economic welfare. It raises the income level of the people by providing income earning opportunities. Many reasons have been given for this critical situation concerning jobs, and such reasons include rapid growth of population in our country, the movement of capital to the cheap labour and the impact of new technology.
OBJECTIVES OF THE STUDY
This research has the major objectives of finding in comparative terms on the heavy promotion and creation of cooperative enterprise and exploit the economic benefits associated with them in Enugu North Local Government Area from 2000 – 2004.
Specific Objectives Include:
There is the need for reducing unemployment in our society and Enugu North in particular and the only way out is through cooperative movement. This analytical study shows the extent of some particular proposals for solutions to these problem of unemployment in Enugu North Areas and also serve as a basis for offering, informed suggestions for improvement on its social-economic development and growth.
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