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REDUCING UNEMPLOYMENT THROUGH CO-OPERATIVE  MOVEMENT (A CASE STUDY OF ENUGU NORTH L.G.A) 2004 – 2010

 

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.

 

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.