Poverty, ‘state of being poor’ is ripping deep inside South Africa, some part of Asia and Africa which Nigeria is not an exception. This is reflected in the countries low level of her per capital income. When about seventy percent of Nigerians are living in a rural areas there is an urgent need to introduce co-operative societies as a valuable instrument for our economic development as well as to alleviate the high level of poverty in the country.
Co-operative which involves coming together of persons pulling their resources together because they have the same common felt need and to form a business enterprise which will help in solving their socio-economic problems and as well be the owner of the society. These may be inform of consumer co-operative society, Agricultural, credit, marketing, industrial, housing, production-promotion co-operatives, etc
Co-operative societies differ from other business in the manner in which surplus earning are distributed to members. The surpluses are shared equitably to the customers or owners of the co-operative society ie in proportion to their patronage and not in proportion to their capital involvement’s. Co-operatives are owned and controlled by members on a democratic basis. Which make them to be self-employed and have something for investment? These help the social and economic well being their-by reducing the poverty rate and helps in developing Nigeria economy.
Introduction 1
1.1 Background of study 1
1.2 Statement of the problem 4
1.3 Objectives of the study 5
1.4 Significance of the study 7
1.5 Scopes and limitations of the study 8
1.6 Definition of terms 9
CHAPTER TWO
Review of related literature 11
CHAPTER THREE
Research design and methodology 26
3.1 Research population 26
3.2 Determination of simple size 27
3.3 Source of data 27
CHAPTER FOUR
Data Analysis and Presentation 28
CHAPTER FIVE
Summary of finding, recommendation and conclusion 41
5.1 Summary of findings 41
5.2 Recommendation
5.3 Conclusion 45
Bibliography 47
Questionnaire 50
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