THE FORMATION AND REGISTRATION OF CO-OPERATIVE SOCIETIES IN ENUGU STATE (A CASE STUDY OF THE PROCEDURE INVOLVED IN REGISTRATING A COOPERATIVE SOCIETIES IN ENGU STATE)
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THE FORMATION AND REGISTRATION OF CO-OPERATIVE SOCIETIES IN ENUGU STATE (A CASE STUDY OF THE PROCEDURE INVOLVED IN REGISTRATING A COOPERATIVE SOCIETIES IN ENGU STATE)
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THE FORMATION AND REGISTRATION OF CO-OPERATIVE SOCIETIES IN ENUGU STATE

(A CASE STUDY OF THE PROCEDURE INVOLVED IN REGISTRATING A COOPERATIVE SOCIETIES IN ENGU STATE)

 

ABSTRACT

 

This research project is every crucial study for the formation of co-operative societies in Enugu metropolis. From the history of co-operative its all about people working together or working mutually.

The project will stress about the need for the formation of co-operative society also how co-operative societies are being registered in Enugu state. The steps that must be taken in the formation of cooperative societies, the conditions for registration and also the economic advantages of registrations will be highlighted in the research objective.

To solve the research problem both primary and secondary data were collected. Related publications were also reviewed for ideas which might make a contribution to the design of the project. The research instrument that was used in collection data were questionnaire and oral interview with the respondents which comprised of the staff of Enugu state co-operative located at Okpara Avenue and some of the registered co-operative societies in Enugu state.

In organizing and interpreting the data collected, table frequencies and percentages were used. The various research questions answered by using simple tabulation of data at the end of this research.

This project work has the following objectives to find out:

  1. The level of participation and acceptability of members in the co-operative society.
  2. The size of membership both in the primary and secondary level.
  3. The steps that are involved in forming of a co-operative society.

Finally, also adequate recommendation has been in order to help both co-operative society in Enugu metropolis and also the members of the public on the importance of joining the co-operative societies.

 

CHAPTER ONE

1.0  INTRODUCTION

1.1  GENERAL BACKGROUND OF THE STUDY

 

The world co-operative is all about people working together to working mutually. The co-operative has been defined by different schools of thought but the variation lies in the degree of emphasis on the aspect or the others.

School of thought describes co-operative as business undertaking owned and operated by voluntary associations in order to provide themselves with work and wages or with goods and services. But International Cooperative Alliance (ICA) definition of co-operative states that it is an “autonomous association of persons, united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprises.

During the colonial days the seed of co-operation was sown but it could only grow slowly. At this point co-operative were restricted to serve only the interest of the paymaster. Co-operatives then were not allowed to grow or expand to the hinterlands.

Ever before the coming of the white men to Nigeria, Nigeria has been practicing co-operation in various aspect of their lives. In Igbo land for instance, communities co-operated to put buildings for their members through communal efforts. Tillage, printing and harvesting of crops were also undertaken. They existed a system of credit co-operation known as “isusu” by which members of a community banned themselves into a union for the purpose of arising found for their members.

In Nigeria, the first hint on co-operative emergency occurred during the First World War. This co-operative which happened to be a consumer was modeled along the Rochdale of England home of the colonialists. This earliest co-operative society existed to ration out consumer goods which was very scarce during the world war, soon after the war ended the consumer co-operative died a natural death.

Thereafter in 1926, the then colonial agricultural ministry began organizing cocoa farmers around Abeokuta and Ibadan.

The colonial maser appointed Mr. F.C. Strickland to go and understand the success story of cocoa marketing co-operative of the western region with a view of enacting co-operative law for three months, Dec 1933 to March 1934. In his report, Mr. Strickland strongly recommended the introduction of co-operative into Nigeria in his report which he submitted in April 1934.

Till date in lien wit the above understanding, Mr. F.F.G. Haig was appointed as a registrar of co-operative in Nigeria to be able to take these responsibilities, he was sent abroad to under study the Indian co-operatives movement and law.

Here we are today to study the procedure that is involved in registering of co-operative societies. After the political land space of Nigeria changed in 1951 every nation under Nigeria was allowed to develop under regions. So cooperative went the same way viz west, east and North (Obodoechi, Osita 2002).

 



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