ECONOMICS

ENHANCING THE PERFORMANCE OF CO-OPERATIVE SOCIETIES THROUGH THE APPLICATION OF CO-OPERATIVE PRINCIPE AND LEGISLATIONS

ENHANCING THE PERFORMANCE OF CO-OPERATIVE SOCIETIES THROUGH THE APPLICATION OF CO-OPERATIVE PRINCIPE AND LEGISLATIONS

ABSTRACT
The researcher topic captioned “enhancing the performance of co ” operative societies through the application of co ” operative principle and legislation (A case study of co ” operative societies in orhonmwm local government area of Edo ” state) was studied by the researcher.
In pursuance of this project, the researcher divided the study into five chapters.
Cheaper one deals with the introduction, background of the study, objective of this study, research question, significance of the study, statement of the problem scope and limitation of the study, hypotheses and definition the study, hypothesis and definition of terms.
Some of the objective includes:
• To determine the extent co operative principle and legislature have been applied in the cooperative societies in the L.G.A
• To identify the existing co operative principle and legislations applicable to the societies in the orhionmwm local government area e.t.c
Chapter two deals with the review of past related literature
Chapter three shows the research design and methodology sources of data which include primary and secondary sources.
Primary source are oral interview, observation and questionnaire while secondary source involves the use of past research, text book and co operative record etc. population / area of the study, sample size, sampling method and method of data analysis etc. were also discussed in chapter three.
Chapter four deals with data presentation, analysis and interpretation, data collected were presented in tabular form while percentage was used for the analysis
Chapter five deal with finding, recommendation and conclusion of the research. The major finds of this research work are as follows:
• Majority of the societies are not actually applying, co operative principle and legislation but only have some of them written in their bye ” laws etc.
• The researcher fund that the co operative officers are not applying cooperative principle and legislation well
• The researcher finds that the cooperative officers, secretaries are to apply cooperative principle and legislation due to lack of education based on the finding the researcher made the following recommendation.
• Government should ensure that there is adequate cooperative education to the existing member of co operative whereby the cooperative principle and legislation will be properly explained to them.
• The cooperative leaders should also be serious with their duties, the researcher recommended that cooperative member should try and have cooperative spirit within than.
The researcher concluded that the cooperative cannot stand nor function with applying cooperative principles and legislation in the practice of cooperative societies.