WhatsApp or SMS: 07087083227
Click here to Get The Complete Research Project Chapter 1-5

Full Project – Cooperative societies as an instrument for poverty alleviation and economics development in Nigeria

Click here to Get this Complete Project Chapter 1-5

CHAPTER ONE

1.0 INTRODUCTION

The challenge of poverty at the margins in most of the developing world which Nigeria is included is a contemporary challenge and is captured in the millennium development goals.

Is poverty really visible? The answer is “NO”. What is visible rather is its destructive foot prints which is in its venomous effects. One cannot see it in itself but one can see and feel its impacts, its trails, its challenges. Hence, one wonders imaginatively where poverty is? Is it in the Local Government Area? Is it in the states? Is it in the country?

Does it like the word dwelling among men and women? Is it the manifestation of evil or evil itself? Objective assessment of this canker worm (poverty) reveals that it is for a nation that accepts it.

There are different types of poverty, namely relative poverty and absolute poverty. Relative poverty is reflected in normal living standards of the people where income of individuals are been compared. Absolute poverty is measured not only by low income but by malnutrition, poor health condition, clothing, shelter, active unemployment and lack of education.

Therefore, this challenges of poverty has lead to the establishment of cooperative society since despite the rise of the philosophy of market forces in a globalizing world, there appears to be no alternative to numerous small producers living at the fringe of life.

1.1 The History of Orlu Local Government Area

Orlu is the second largest city, after Owerri, in Southeast Nigeria’s Imo State with an estimated population of 420,000. It has a long history and has played a critical role as the headquarters for the Organisation of African Unity (OAU) Humanitarian Relief Agencies during the Nigeria/Biafra civil war. The Nigerian headquarters of the British Cheshire Home is in the city.

It is a home for enterprise and industry which gave it the unofficial tag of the commercial capital of Imo state. Many successful Nigerian businessmen, industrialists and champions of industries hail from its Local Government Areas that make up what is widely called Orlu Senatorial Zone. They include Orsu, Isu, Njaba, Nwangele, Nkwerre, Ideato North, Ideato South, Oru East, Oru West, Ohaji Egbema and Oguta. The City centre of the local government area are within the host towns of Amaifeke, Ihioma/Ebenese, Umuna, Umuowa, Orlu-Gedegwum and Owerre-Ebeiri. When all of the LGAs in the zone are included Orlu’s population is estimated to be approaching 3,000,000 inhabitants.

The permanent site for various industries, state and federal agencies like the Imo State University Teaching Hospital, the state owned Cardboard Industry in Owerri-Ebeiri, the newly built Imo State School of Nursing and Health Technology at Okporo and a host of small and medium size chemical and pharmaceutical companies, the multi purpose Imo International Market, which houses one of the three most influential pharmaceutical markets in West Africa, are based in Orlu L.G.A. This is due to the high number of Orlulites in the pharmaceutical and chemical industry. Consequently, the Orlu Zonal Area has the highest concentration of indigenous pharmaceutical manufacturers and marketers in the whole of African continent. The Ogbosisi Timber centre is located within the quick expanding Orlu Urban area and the City centre. The Nigeria Immigration Training School (NITS) in Umuowa and the Technological Skills Acquisition Centre (TESAC) are based in the city.

1.2 STATEMENT OF THE PROBLEM

The socio-political environment existing now in the country since man 1999 when the present governments of CHIEF IKEDI OHAKIM administration look over is quite different from what it was in those early days of military regime and pure capitalism. Today it is the mixed economy everywhere with both private and public properties in existence. Nobody will went the society to return to the old dictatorship and subsistence living. Everybody enjoys high technology, division of labor, mass production of a wide assortment of good the right and freedom of the masses are respected the interference from government in other business organization like the co-operatives are less. These and more are the characteristics if the modern economy.

Co-operative which provides the technology for the masses and their participation in those functions of the ceremony that implied on their lives

Some of the problems are:

Illiteracy
Unemployment
Inflation
Capital accumulation
Population high or lows state which

1.3 OBJECTIVES OF THE STUDY

The main objective of this work is to find out the role of cooperative societies in poverty alleviation.

Other specific objectives include:

To know if cooperative society is a good instrument for poverty alleviation.
To know what extent such economic ventures contribute is alleviating the poverty of the masses.
To find out the values of co-operative to economic development.
Suggesting ways of alleviating poverty through co-operative society.
To determine the obstacles hindering co-operative economic development and opportunities.
To ascertain if there is any relationship between the government and cooperative societies towards the eradication of poverty?

1.4 RESEARCH QUESTIONS

is cooperative society a good instrument for poverty alleviation?
To what extent has economic ventures contribute is alleviating the poverty of the masses?
Are there values of co-operative to economic development?
What are the possible ways of alleviating poverty through co-operative society?
What are the obstacles hindering co-operative economic development and opportunities.
Is there any relationship between the government and cooperative societies towards the eradication of poverty?

1.5 SCOPE OF THE STUDY

Due to its nature, this study is limited only to the study on the role of cooperative societies in poverty alleviation. This research work cooperative as an instrument for poverty alleviation is based on how cooperative society can be used to alleviate poverty in Orlu L.G.A of Imo State. Some cooperative societies and government programmes in Orlu L.G.A were visited. Oral questions were given to officers and members of the visited societies. Questionnaires were also distributed to them. Through the answers supplied by the respondents, the researcher of this work believed that cooperative society, if given the best needed and appropriate support from the government will be the best instrument to alleviate poverty in Orlu and the country at large.

1.6 SIGNIFICANCE OF THE STUDY

The research work when completed will be beneficial to the following:-

THE GOVERNMENT:- The government will find it of very importance since the problems will be lighted and measures given as recommendation.
THE ECONOMY: When the programmes are will implemented they will course a boost in the economy since employment will be created. Also all this ills associated will poverty will be alleviated.
RESEARCH STUDENT: Further research on this topic or related topic will also see the material to be very helpful.

In 1995 the petroleum trust fund (PTF) was also established to use. The gain far increase in domestic prices of petroleum product to complete abandoned projects rehabilitates decaying social and economic infrastructure and other services nation wide support general economic activities. The Urban mass transit programme was launched in 1989 to facilitate effective urban mass transit services for the benefits of the masses. Organs poverty alleviation were indigenous non-government organization such as the national council for eromen societies who provided shelter to the poor and needy.

1.7 LIMITATIONS OF THE STUDY

The limitation of this project is as follows:

Finance: The finance to source most relevant and trending materials in the topic of study has been another outstanding limitation.
Time: The time allowed for the completion of this project work is very short, since the time period will be used to read for the examination coming up in school.
Attitude of Respondents: The reluctances on the part of the members of the organization to release information data were another limitation.
- DEFINITION OF TERMS

(1) ALLEVIATION:- Simply means a process where by government directly or indirectly reduce the stress of the poor mass by creating job opportunities for the betterment of them

(2) ECONOMIC DEVELOPMENT:- This entails a desirable change in the National income that is an increase in perceptive income. It is an all found improvement in the utilization of all sectors of the economy namely agriculture, Industry, Mineral resource, manpower training and entrepreneurship which is capable of boosting a better employment opportunities and adequate provision of infrastructural facilities.

(3) POVERTY:- This simply means a state of being poor. Poverty also means that opportunities and choice most to human development are deride. It also explains the inability to provide for sustenance those basic necessities of life.

It reveals those problems the under development or poor countries suffer from. Such as malnutrition, poor health, little political voice, lack of capital, mea reliving on small and marginal farms or in dilapidated urban stems, law technology, unemployment, population explosion, ethnic crises, dependency on foreign goods and backward economy.

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for international clients.

Click here to Get this Complete Project Chapter 1-5

You can also check other Research Project here: