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)
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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
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 during the world war, soon after the war ended the consumer co-operative died a natural death.
There after in 1926, the then colonial Agricultural ministry began organizing cocoa farmers around Abeokuta and Ibadan.
The colonial masters appointed Mr. F.C. Strickland to go and understudy the success story of cocoa marketing co-operative of the western region with a view to 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 line with the above understanding, Mr. E.F.G. Haig was appointed as a registrar of Co-operatives in Nigeria to be able to undertake these responsibilities, he was sent abroad to under study the Indian Co-operative movement and law.
Here we are today to study the procedure that is involved in registering of Co-operative societies. After the political landscape of Nigeria changed in 1951 every nation under Nigeria was allowed to develop under regions. So co-operative went the same way viz West, East and North.
(Obodoechi Osita 2002).
1.2 STATEMENT OF PROBLEM
There have been instances in the history of human society where individuals have come together to achieve certain aim in co-operation with others. The I.C.A definition of co-operative society states that is an “Autonomous association of persons united voluntarily to meet their common Economic social and cultural needs and aspiration through a jointly owned and democratically controlled enterprise.
The aim of co-operative society is to bring people together with the intention to satisfy and fulfill their economic and social needs and aspiration which cannot
Be achieved by individual action. It has been observed that