THE FORMATION/REGISTRATION OF A CO-OPERATIVE SOCIETIES IN ENUGU STATE (A CASE STUDY OF THE PROCEDURE INVOLVED IN REGISTERING A CO-OPERATIVE SOCIETIES IN ENUGU STATE)

ABSTRACT

This research project is a very crucial study for the formation of co-operative societies in Enugu metropolis. From the history of co-operative it’s all about people working together or working mutually.

The project will stress about the need for the formation of co-operative society and also how co-operative societies are being registered in Enugu state. The steps that must be taken in the formation of co-operative societies, the conditions for registration and also the Economic advantages of registration 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 collecting data were questionnaires and oral interview with the respondents which comprised of the staff of Enugu state co-operative located at Opara Avenue and some of the members of registered co-operative societies in Enugu state.

In organizing and interpreting the data collected, table frequencies and percentages were used. The various research questions were 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 made in order to help both the co-operative society in Enugu metropolis and also the members of the public on the importance of joining the co-operative societies.

TABLE OF CONTENTS

TITLE PAGE

APPROVAL PAGE

ACKNOWLEDGEMENT

DEDICATION

ABSTRACT

TABLE OF CONTENTS

CHAPTER ONE

1.0 INTRODUCTION

1.1 GENERAL BACKGROUND OF THE STUDY

1.2 STATEMENT OF THE PROBLEM

1.3 OBJECTIVE OF THE STUDY

1.4 SIGNIFICANCE OF THE STUDY

1.5 RESEARCH QUESTIONS

1.6 SCOPE /LIMITATION OF STUDY

CHAPTER TWO

LITERATURE REVIEW

2.0 DEVELOPMENT OF CO-OPERATIVES IN NIGERIA

2.1 HISTORICAL BACKGROUND AND ORIGIN

2.2 CONDITIONS FOR REGISTRATION

2.3 THE PROCEDURE INVOLVED IN REGISTERING A CO-OPERATIVE SOCIETY IN ENUGU STATE.

2.4 DOCUMENTS NECESSARY FOR REGISTRATION

2.5 MEANING AND OBJECTIVE OF CO-OPERATIVE

2.6 FACTORS WHICH INFLUENCE THE ESTABLISHMENT/FORMATION OF CO-OPERATIVE

2.7 TEN STEPS INVOLED IN FORMATION AND REGISTRATION OF VIABLE CO-OPERATIVE SOCIETY.

CHAPTER THREE

RESEARCH METHODOLOGY

POPULATION OF STUDY

SOURCES OF DATA

RESEARCH INSTRUMENT USED

QUESTIONNAIRE ADMINISTRATION

METHOD OF DATA TREATMENT AND ANALYSIS

CHAPTER FOUR

4.0 DATA PRESENTATION, ANALYSIS AND INTERPRETATION.

4.1 INTRODUCTION

4.2 ANALYSIS OF DATA FROM MEMBER’S QUESTIONNAIRE

CHAPTER FIVE

SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSION.

CHAPTER ONE

INTRODUCTION

1.1 GENERAL BACKGROUND OF THE STUDY

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

One 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 Co-operative alliance (I.C.A) 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 enterprise.”

During the colonial days the seed of co-operation was sown but it could only grow slowly. At this point co-operatives 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 up buildings for their members through communal efforts. Tillage, planting 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 raising found for their members.

In Nigeria, the first hint on co-operative emergence occurred during the first world war. This co-operative which happen to be a consumer was modeled along the Rochdale of England – home of the colonialist. This earliest co-operative society existed to ration out consumer goods – which was very scarce