Creating Employment Opportunities Through Cooperative Movement

(A Case Study Of Ogbaru Local Government Area)

5 Chapters
|
55 Pages
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6,734 Words
|

The cooperative movement, a collaborative endeavor wherein individuals unite to address shared needs and aspirations, emerges as a powerful catalyst for generating employment opportunities and fostering socio-economic growth. By promoting principles of democratic control, member ownership, and equitable distribution of profits, cooperatives facilitate the establishment of sustainable enterprises across diverse sectors such as agriculture, manufacturing, and services. Through collective action and resource pooling, cooperatives not only enable small-scale producers and marginalized communities to access markets and infrastructure but also empower them with skills training, capacity building, and financial assistance, thereby enhancing their employability and income-generating capabilities. Moreover, the inclusive nature of cooperatives promotes social cohesion, gender equality, and environmental sustainability, fostering a conducive environment for entrepreneurship and job creation. Harnessing the synergies of cooperation, collaboration, and collective enterprise, the cooperative movement emerges as a dynamic force in catalyzing local development, alleviating poverty, and fostering inclusive growth, thereby contributing significantly to the expansion of employment opportunities and the enhancement of overall well-being.

ABSTRACT

The study x-rayed “creating employment opportunities through the cooperative movement” with particular reference to Ogbaru Local Government Area. The survey method was used in which Eight (80) questionnaire were administered in the respondents, of which 70 (85.4%) were used for the analysis. Result of the findings shows that cooperative movements has been of great benefits to people of Ogbaru through the creation of self employment. In view of the problems limiting the activities of cooperative movement, making of friendly policies by federal government, training/retraining of members in the use of modern technologies as well as integrating cooperative studies into the school curriculum were recommended as a panacea to the problem. Beside the work was presented in five chapters, the introductory aspect appears in chapter one, the literature review was the focus of chapter two, the methodology use was explained in chapter three, chapter focused on data presentation while the summary of findings, conclusion and recommendations were the highlight of chapter five.

TABLE OF CONTENT

Title Page
Approval Page
Dedication
Acknowledgement
Abstract
Table of Content

CHAPTER ONE
1.0 INTRODUCTION

1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Scope of the study
1.5 Hypothesis
1.6 Significance of the study
1.7 Limitation of the study
1.8 Definition of terms
References

 

CHAPTER TWO
2.0 LITERATURE REVIEW

2.1 Concept of cooperative movement
2.2 Characteristics of cooperative movement
2.3 Benefits of cooperatives
2.4 The concept of employment
2.5 The role of cooperative sector in employment Generation
2.6 Determination of the impact of cooperative on Employment
Reference

CHAPTER THREE
3.0 RESEARCH DESIGN AND METHODOLOGY

3.1 Research design
3.2 Population of the study
3.3 Sample size
3.4 Sampling techniques –
3.5 Instruments for data collections
3.6 Validation of research instrument
3.7 Method of data analysis

CHAPTER FOUR
4.0 DATA PRESENTATION AND ANALYSIS

CHAPTER R FIVE
5.0 SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 Summary of findings –
5.2 Conclusion
5.3 Recommendations
Bibliography
Appendix

CHAPTER ONE

1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY

For quite sometimes now, the Nigerian nation has been faced with a worsening situation of unemployment. Both in relative and absolute terms, unemployment has been increasing in the country. There are limited rural employment opportunities due to lack of specialized skills, farming has been the main occupation of most of the rural people and because the youth are no longer interested in farming, the rate of unemployment has increased over the years.
In this era of unemployment, cooperatives could become sources of self – reliance for the aged, enterprise for youth and the disabled, as well as providing care for Children cooperatives promoted self help and collectively self – reliance.
Conceptually, cooperatives are private members oriented voluntary association that operates on the principles of democracy and market economy (Pur, Gwary, Gaya 2001). Cooperatives are established by like mined persons to pursue mutually beneficial economic interest, provide goods and services to each other and to the general public in cost effective ways, prevent exploration of members through self helped project. Defend and protect the right of people as producers and consumers of goods and services and promote mutual understanding and peaceful co-existence among the people.
Cooperative as business enterprises comprises a number of people who come together to satisfy mutual socio – economic interest by carrying out a business activity this might include agricultural or agro – industrial production cooperatives, trade cooperatives, housing cooperatives or saving and loan cooperatives.
The cooperatives approach to business development can create employment in different ways, such as cooperatives as a common workplace for organized self–employment, cooperatives as wages employers, cooperatives as promotes of independent self–employment. In addition, cooperatives activity produces spill–over effects that create job in other enterprises. It is not claimed that creation and maintenance of cooperative business is the only solution to unemployment.
Nevertheless, there is convincing evidence that for many millions of persons cooperatives have meant employment instead of constant threat of dismissals.
According to Bob – Igwe (2005) the cooperatives movements is a system of economic action and business enterprise profit motive and involving, as it’s primary function the distribution of goods and services. In other words, it is a movement of consumer who unite on the basis of mutual interest. In reducing living expenses and benefiting from the ownership and accommodations shared by all.
Despite the many different activities carried out under the legal form of cooperatives, all cooperatives share certain values and principles:- open and voluntary membership. Financial participation by the members, democratic control, autonomy and independence, education, training and information cooperation among cooperatives concern for the community.

1.2 STATEMENT OF THE PROBLEM
The study is aimed at addressing the issue of creating employment opportunities through the cooperative movement, though many literature exist in the area of cooperative movement, none is said to have adequately explored the impact of cooperative movement in creating employment opportunity in Ogbaru local government area of Anambra State.
However, faced with evidence of an oppallingly low standard of living which the vast majority of men and women in Nigeria have despite two decades of development.
Cooperatives movements, it then becomes pertinent to carryout a study to determine of cooperative movement plays a significant role in creating employment opportunities.
It is on the verge of providing answers to question like: does cooperatives exist in Ogbaru local government? In other wise, cooperative movement is believed to have helped in improving economic activities in Nigeria but the extent to which the cooperative movement has helped in creating employment has not been established, hence this study is carried out to fill up the existing gap in the vast literatures that exist in the area of subject under study.

1.3 OBJECTIVE OF THE STUDY
The main aim of this study is to determine if the cooperative movements create employment opportunities. However, the specific objectives of the study are as follows:-
1 To ascertain if the cooperatives do create employment opportunities in the area under study.
2 To identify the type of the employment opportunities created by cooperatives movement in the area under study.
3 To determine the factors militating against the creation of employment opportunities by the cooperatives movement.
4 To proffer possible solution to the identified problems.

1.4 SCOPE OF THE STUDY
The study is centered on creating employment opportunities through the cooperative movement” with particular reference to Ogbaru local government area in Anambra State. However, the study will explore the concept of cooperative movement, benefits of cooperative, concept of employment, the role of cooperative sector in employment generations etc.

1.5 HYPOTHESIS
The study tends to test the following hypothesis.
i) H0: The activities of cooperative movement have nosignificant relationship with creation of employment opportunities.
ii) HI: The activities of cooperative movement have a significant relationship with creation of employment opportunities.

1.6 SIGNIFICANCE OF THE STUDY
The research work will be of great relevance to administrative of Local governments as well as leaders of cooperative movement in the sense that this work will help in creating an awareness of employment creative ability of cooperatives through it’s findings.
The research work can also serve as a reference source to future researchers who might be interested in a related subject.
Above all, the research work has helped in broadening the horizon or knowledge of the researcher with regards to cooperative movements.

1.7 LIMITATIONS OF THE STUDY
The researcher wanted to make this work wider and well detailed but various limiting factors adversely affected the researcher ability to achieve the detailed objectives prominent among these factors are:- Time, finance, respondents, attitude and availability of materials.
TIME: The researcher being a student has a schedule time between the research work and other course work which demand her attention. This problem limited the collecting of data for the work.
FINANCE: Insufficient finance affected the sample size and the geographical areas covered by the researcher in the course of this study.
RESPONDENTS ATTITUDE: The cooperative required from the few respondents were to reasonable extent cordial. But in most cases they seems to be sensitive to issues being stated and this attitude to some extent affected the generalization of data.
AVAILABILITY OF MATERIALS: Dearth of materials in the area under study greatly affected the data collected for this study. Hence, the researcher had to spend huge amount of money to source for materials in the internet.

1.8 DEFINITION OF TERMS
1 COOPERATIVE MOVEMENTS: This is a system of economic action and business enterprise characterized by the absence of the profit motive and involving as it’s primary function, the distribution of goods and services.
2 EMPLOYMENT OPPORTUNITIES: This may be defined as situation in which chances or avenues exist that provides an individual opportunities to participate in Jobs that are carried out towards actualization of organization goals such as in remunerative and non – remunerative jobs.

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Creating Employment Opportunities Through Cooperative Movement:

Creating employment opportunities through the cooperative movement is a powerful and sustainable way to address unemployment and promote economic development. Cooperatives are organizations owned and controlled by their members, who work together to achieve common economic, social, and cultural goals. They can be found in various sectors, including agriculture, manufacturing, retail, finance, and services. Here’s how cooperatives can contribute to job creation:

  1. Collective Ownership: Cooperatives empower individuals to collectively own and control productive enterprises. This ownership structure ensures that the benefits generated by the cooperative are distributed equitably among the members, including employees. When workers have a stake in the business, they are more motivated to work diligently, leading to increased productivity.
  2. Local Economic Development: Cooperatives often operate at the community level, contributing to local economic development. By supporting and promoting cooperatives, governments and organizations can stimulate economic growth in underserved areas. This can lead to the creation of new jobs and the retention of existing ones.
  3. Skill Development: Cooperatives provide opportunities for members to develop new skills and improve existing ones. Training and education programs within cooperatives can enhance the employability of their members, making them more competitive in the job market.
  4. Job Diversification: Cooperatives can diversify the types of jobs available in a community. For example, agricultural cooperatives may engage in processing and marketing, not just farming, creating a range of job opportunities beyond the field.
  5. Resilience to Economic Shocks: Cooperatives often exhibit greater resilience to economic downturns because they prioritize the needs of their members over maximizing profits. During economic crises, traditional businesses may lay off workers to cut costs, whereas cooperatives tend to focus on maintaining employment levels and supporting members through challenging times.
  6. Access to Markets: Cooperatives can provide small-scale producers and artisans with access to larger markets they might not have reached individually. This expansion of market access can lead to increased production and job opportunities.
  7. Financial Inclusion: Cooperatives, especially in the financial sector, can provide access to credit and financial services for marginalized communities and small businesses. This financial inclusion can enable entrepreneurship and job creation.
  8. Innovation and Adaptation: Cooperatives are often flexible and responsive to the changing needs of their members and markets. They can adapt to new technologies and business models, leading to the creation of jobs in emerging industries.
  9. Social Capital: The cooperative movement fosters social capital by promoting cooperation, trust, and a sense of community among members. This social cohesion can be a valuable asset for job seekers and entrepreneurs.
  10. Government Support: Governments can play a crucial role in promoting cooperatives and creating a conducive regulatory environment. Policies that support cooperative development, access to financing, and capacity-building programs can amplify their impact on employment.

In conclusion, the cooperative movement offers a holistic approach to job creation and economic development. By fostering collective ownership, local engagement, and social capital, cooperatives contribute to sustainable employment opportunities, especially in communities where traditional job opportunities may be limited. Government support and investment in cooperative development can further enhance their positive impact on employment and inclusive economic growth.