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THE ROLE OF MARKETING CO-OPERATIVES IN ECONOMIC DEVELOPMENT OF NIGERIA  (A CASE STUDY OF RICE MARKETING CO-OPERATIVE IN UGBAWKA, NKANU-EAST LOCAL GOVERNMENT AREA)

 

ABSTRACT

This project looked into the role of marketing co-operative in economics development of Nigeria. (A case study of Rice Marketing Co-operative in Ugbawka, Nkanu East). A survey was conducted on the type of marketing co-operatives in Ugbawka Nkanu –East and the management and organization of Ugbawka marketing co-operatives, to obtain relevant data on the views of the respondents towards the marketing co-operatives. The information was collected from two categories of respondents viz: members of the organization and the local government co-operative council of Nkanu-East Local Government Area.  The major instrument used for data collection was questionnaire. The data collected were analyzed using the percentage system of data analysis. The study found out that the societies in the area encouraged the habit of savings among members, give little loans to members and foster unity among them. They also sell goods at low prices ad produce food stuff (rice) for the area. However, the study showed that growth of marketing co-operatives in the area is affected by problems such as frauds, ineffective management by those in charge of running the co-operatives, lack of finance and non-payment of loans among others.

 

TABLE OF CONTENTS

Chapter One

Introductions

Background of the study

Statement of problem

Purpose of study

Significance of the study

Research Questions

Definitions of Terms

Chapter Two

Literature Review

History of marketing co-operative in Nigeria

Marketing co-operatives

Economics Development

Marketing co-operatives and development in Nkanu East

Functions of Ugbawka Rice marketing co-operative

Criteria for performance appraisal

Structure and organization of marketing co-operative in Nigeria.

Chapter Three

Research Methodology

Sources of Data Collection

Population of the study

Description of data

Method of Analysis of data

Chapter Four

Data presentation and analysis

 

 

Chapter Five

Summary, Recommendation and Conclusion

Recommendations

Remarks on findings

Bibliography

Appendix

 

CHAPTER ONE

BACKGROUND OF THE STUDY

Marketing co-operative societies as a form or type of business organization came about where people with common interest unite themselves into a group finance and  controlled by them for the purpose of  marketing, some of the commodities producted by members or from others sources in other to achieve their goals. The researcher believes from many authors that co-operative societies started in Nigeria the early 20th century. It should be noted that the life patterns of various communities in the country showed some traits of co-operatives activities before the advent of modern co-operative societies.

This under standable because most communities in Nigeria generally had (and other still have) series of association youth associations, etc.

According to prince Peter Nnaji, co-operative/marketing co-operative office in Nkanu East, which were created from old Nkanu Local Government Area of Enugu State of  Nigeria in 1996 with the formation of multi-purpose co-operative societies. With the increase in the formation of new co-operative societies in Nigeria is a clem indication that many people and institutions alike have found co-operative societies, a useful tool in furthering different interests. In the fourth national  development plan, government has pledged to give all necessary encouragement towards the growth and development of  the co-operative sector in the country.

In analysing the marketing co-operatives in Nkanu East attentions must be paid to their basic agricultural product, hence just like other area with in the east. They are mainly farmers. But most importantly, some parts of this area are note for rice production in large quantity. Ugbawka people, Nomh and Amagunze do produce rice. This  work is also to analyze the effects of  this productions of rice in national development with special reference to Nkanu East. Samuel Chukwuka (1998:12) after a through study of marketing  co-operative move in Nigeria, recommended the establishment of rice marketing co-operative in Nkanu east in view of the economics benefits they could introduce, especially to Ugbawka where rice is produce in large quantity.

Okafor (1998:15) also claimed that the establishment of marketing co-operative societies could enhance. The standard of living of the masses of the area, contribute to the education of members and facilitate of the marketing activities of farmers and to economics development of Nigeria.

 

STATEMENT OF PROBLEM

The associated problem with marketing co-operative which inhibit the expected level of development are many. Apart from the role of government and is agencies in encouraging and creating enabling environments for these co-operative to thrive are still questionable, hence the poor level of agriculture/co-operative activities. Below are some of the striking questions to be analyzed in the course of this work.

1. To what extent has the government been supportive of co-operative societies.
2. Why has there been excessive migration from agriculture to “while –collar” Jobs?
3. To what extent has marketing co-operative helped in Nigeria development?
4. In the light of this, the researcher looks into identifying the means of improving the roles of those societies in the economics development of the are of operation.

 

PURPOSE OF STUDY

The purpose of study is aimed at evaluating and finding enabling  farm work for natural development through marketing of rice. To find level of socialization of the agriculture in terms of the inputs being used for agriculture.

To find out the extent of support by the government to co-operative societies. To find out the extent of development in Nigeria as encouraged by marketing co-operatives. To find out the source of funds for marketing co-operative societies in the area, the economic achievements recorded, their problem and strategic for solving them.

 

SIGNIFICANCE  OF THE STUDY

The study will no doubt be of immense benefits to the marketing co-operative societies in Nkanu-East in particularly and for Enugu State of Nigeria in general. This is because  attention shall be focused on the various problems affecting their effective performance. Secondly, the study will being  to lime light  the hidden importance of co-operative societies, this generating a greater degree of government support.

 

RESEARCH QUESTIONS

The research questions for the study were made up of the following:-

1. What are the contribution of marketing co-operative societies towards out put growth?
2. What are the contributions of marketing co-operative societies towards the increase on capital development?
3. What are the various sources of finance for East Local government area?
4. What are the contributions of marketing  co-operatives societies towards the provision of infrastructural facilities in this area?
5. What are the various problems confronting rice marketing co-operatives in Nkanu – East?

 

DEFINITION OF TERMS

1. Role:-  The task or duties of co-operative societies.
2. Economics Development: Any activities or activity likely to improve the standard of living of individuals and the societies in general.
3. Rice marketing  Co-operative: They market jointly all rice produced by the individuals members.
4. Multi-Purpose Co-operative Society:- This type of co-operative comes about when a co-operative has different objectives or role to perform.
5. Farmers Co-operative Societies:- These are  associations farmers who came together to produce jointly using co-operative tools.
6. Consumer Co-operative:  They consumer goods and sell to their members. Thus  avoiding the exploits of the middlemen.
7. Co-operative Societies:  They are registered associations of people who came together to better economics condition of members.
8. Primary Co-operative Societies:- They are usually formed with a minimum of ten persons. Primary societies consist of  produces, consumers, marketing, thrift and credit co-operative societies.
9. Secondary Co-operative societies: They are also referred to as co-operative union. It is the coming together of two or more co-operative. They co-operative and control of the activities of the primary societies.
10. Marketing: The performance of business activities that directs the flow of goods and services from producers to or buyers.