Unemployment And Co-Operative Societies

(A Case Study Of Enugu East Local Government Area)

5 Chapters
|
44 Pages
|
4,682 Words

Unemployment presents a multifaceted challenge globally, affecting economies and societies across various sectors. Co-operative societies, structured around collective ownership and democratic control, emerge as integral players in mitigating unemployment’s adverse effects. These societies foster entrepreneurial endeavors, providing avenues for job creation through collaborative ventures and shared resources. By empowering individuals to pool resources, skills, and ideas, co-operative societies stimulate economic activity and generate employment opportunities, particularly in marginalized communities or sectors with limited access to traditional employment avenues. Moreover, they promote skill development, knowledge sharing, and social cohesion, enhancing members’ capacity to navigate dynamic labor markets. Through their inclusive and participatory approach, co-operative societies contribute to resilience-building within communities, offering a sustainable response to unemployment challenges while fostering economic empowerment and social cohesion.

ABSTRACT

In reality, during the course of research report, there are some obvious points when remembered do help to understand what the project work is all about.
First of all, a critical look is taken to know and find the invaluable role of National Directorate of Employment in combating the danger of unemployment as specified in its four programmes such as National Youth Emloyment and Vocational Skill Development Programmes, Agricultural sector Employment and Special public work programme. Federal Government agencies contributions cannot be left mentioned such as NAPEP, ITF, etc.
In a similar way, the practical solution towards solving the scourge of incessant unemployment and under employment since and after the discovery of crude oil in Nigeria and alternative solutions of not depending wholly on oil such as second-tier foreign Exchange Market. It only promote diversified economy as a way of reducing unemployment problems which have eaten deep the fabric of our economy.
Meanwhile, the design and methodology adopted is clearly explained. For instance, the population and sample size used, the use of primary and secondary data and the method of analysis, to mention but a few.
On the other hand, the descriptive statistical tool used is percentage and tabulation method and analysis adopted makes the research to be understandable and dependable. In fact, the presentation and analysis of data is an eloquent testimony of practicable work.
Then, federal Government and non-governmental organization should join hands together to ensure that the compounding problems of unemployment in co-operative societies should be squarely tackled. Entrepreneurial training and development should be incurred in all our educational curriculum, right from the primary to the tertiary institutions, to discourage the over dependent of government paid employment but rather become innovative and creative.

TABLE OF CONTENT

Cover Page
Title Page
Approval Page
Dedication
Acknowledgement
Abstract
Table Of Contents
List Of Tables

 

Chapter One
1.0 Introduction

1.1 Background Of The Study
1.2 Statement Of The Problem
1.3 Purpose Of The Study
1.4 Scope Of The Study
1.5 Significance Of The Study
1.6 Research Questions
1.7 Limitations Of The Study
References

Chapter Two
2.0 Review Of Related Literature

2.1 The Definition And Scope Of Unemployment
2.2 Types And Causes Of Unemployment
2.3 The Impact Of Economic Sector On Unemployment
References

Chapter Three
3.0 Research Design And Methodology

3.1 Research Design
3.2 Area Of The Study
3.3 Population Of The Study
3.4 Sample And Sampling Procedure
3.5 Method Of Data Collection
3.6 Method Of Data Analysis
References

Chapter Four
4.1 Data Presentation And Analysis

4.2 Testing Of Research Questions
References

Chapter Five
5.0 Discussions, Recommendations And Conclusion

5.1 Discussion Of Results
5.2 Recommendation
5.3 Conclusions
References
Bibliography

CHAPTER ONE

INTRODUCTION
1.1 BACKGROUND OF THE STUDY

There are some vital issues that we have not failed to know and understand about the topic under discussion. First and foremost, we have succeeded in bringing into cognizance that one of the support agencies which its role deals squarely on unemployment and underemployment in Nigeria is National Directorate of Employment (NDE). It was established by the Federal Government in November, 1986 which is solely dealing with the menace of mass unemployment in the country as it was stated in its four core programmes and it was inaugurated on 30th of January, 1987.
On the other hand, the co-operative societies are not exempted, in so far that the both are promoting the creation of employment opportunities for co-operators. Co-operative itself cuts across every facet of social, political and economic aspects. For instance, Nigeria Agricultural and Co-operative Bank (NACB) which was constituted in 1973 by the federal Government with an initial capital of twelve million naira (N12m). In this direction of co-operative societies in the agricultural sector with the provision of credit facilities.
In furtherance, National Directorate of Employment has the following cardinal objectives to achieve especially in generating employment. Ensuring that co-operators or job seekers become entrepreneurial oriented and pay less attention on government paid employment and thus reducing drastically the high level of unemployment.
Before we round off, the federal government has been making concerted effort to mass unemployment. Currently, Olusegun Obasanjo’s regime is tackling this through National Poverty Eradication Programme (NAPEP) as far back as 1999 till date (2005). All is to stamp out unemployment.
Recently, the National Directorate of Employment announced and outlined various training programmes and thousands of job to be provided for the unemployed Nigerians at the middle of August, 2005.

1.2 STATEMENT OF THE PROBLEM
More often than not, lack of employment has given rise to all kinds of set back, problem in all sectors of our economy. In fat, the high rate of unemployment and under employment has completely raged the socio-economic well – being of our nation, thereby, causing untold hardship, depression, frustration and forceful massive exodus of our teeming brethrens who are seeking for greener pastures abroad.
In other words, the fact remains that the high rate of unemployment problems are getting out of hand and even reached to a worsening level. Day-by – day, it multiplies to an alarming proportion.
Therefore, we still believe that there is a room for absolute alleviation or even eradication of this unemployment scourge who has done more harm than good. Then, what is likely going to be the hope and future of our human and material resources in Nigeria? Is it not the high time for the federal government to introduce practical policies and implement them without any delay; for a stitch in time saves nine? Are we going to create a good atmospheric condition which is conducive for our citizens and possibly discourage them from traveling to overseas? In a sum, your guess is as good as mine. Let us place our hands on deck, to fight this intractable problem of unemployment bedeviling this nation. Government should do their own and the citizens should do theirs as well in order to find a lasting solution to all these problems ravaging the entire fabric of our economy.

1.3 PURPOSE OF THE STUDY
It is imperative to outline some of the things that are uppermost in mind which have been given special attention.

Most importantly, the reasons are not far fetched which must and hop0ed to be actualized as far as “Unemployment and Co-operative Societies” is concerned. Thus, these are the overriding purposes of the study, namely:-
1. To design and implement programmes to combat mass unemployment.
2. To articulate policies aimed at developing work programmes with labour intensive potentials.
3. To obtain and maintain a data bank on employment and vacancies in the country with a view to acting as a clearing house to link job seekers with vacancies in collaboration with other government agencies.
4. To discourage in entirely of being over-dependent on government paid employment and non-governmental establishment but rather become innovative and creative.
5. To promote vocational skills acquisition in co-operative societies because it cuts across every sphere of specialization such as thrift and loan co-operative society, Agricultural co-operative society, to mention but a few.

1.4 SCOPE OF THE STUDY
Let us put it clear that an adequate coverage was made in terms of the subjects studied like human beings, issues, period taken and so on.
In essence, our area of focus is within Enugu East Local Government and particularly the Co-operative department.

1.5 SIGNIFICANCE OF THE STUDY
The significance of this very topic under discussion arises as a result of man’s quest for finding problem – solving to avoid the problem of unemployment and underemployment especially in co-operative societies.
Also, to promote the relevance of spirit of Co-operation which the co-operative societies tends to uplift and maintain.
Then, ensuring that different programmes of creating massive employment is implemented and achieved not only in cooperative societies but throughout the socio-economic and political sectors of the nation.

1.6 RESEARCH QUESTIONS
As its names implies, some of the questions asked in the course of research are listed below:
1. What are the means by which unemployment in cooperative societies could be alleviated or eradicated?
2. What is the department of co-operative doing in particular to raise employment opportunities?
3. What are really the causes of ever increasing unemployment problems?
4. Why is it that nowadays, some people do not want to join co-operative society in your local government area?
5. Lastly, what are the positive contributions of co-operative since its existence in your local government?

1.7 LIMITATIONS OF THE STUDY
Generally speaking, nothing good comes easily and that is why this has to be pointed out. During the course of embarking on the research, there are some problems undergone.
In this regard one of the greatest problems experienced was finance. Others were materials and time resources. Again, very demoralizing was un-cooperative attitude of respondents to attend to questions and persistent excuses of not having time to be interviewed. In fact, I would like to say that in the course of research, it takes a lot of time to meet up presentable and standard requirements.

REFERENCES
Nworgu .B. G (1991): Educational Research, Basic Issues and
Methodology, Ibadan; Wisdom Publishers Limited.
Obasi I. N (1991): Research Methodology in Political Science Enugu:
Academic Publishing Company.
Orjih .J. (1996): Business Research Methodology, Enugu.
Meteson Publicity Company.

SIMILAR PROJECT TOPICS:
Save/Share This On Social Media:
MORE DESCRIPTION:

Unemployment And Co-Operative Societies:

Unemployment and cooperative societies are two distinct but interconnected concepts. Cooperative societies can play a role in addressing unemployment issues in a community or region. Here’s a breakdown of the relationship between these two:

  1. Cooperative Societies as Job Creators: Cooperative societies are organizations formed by a group of individuals with common economic, social, or cultural goals. These societies can engage in various economic activities, such as agriculture, manufacturing, retail, or services. When properly managed and supported, cooperative societies can create job opportunities within their respective sectors. For example, a cooperative of farmers can collectively purchase equipment, share resources, and improve agricultural productivity, leading to more employment in the agricultural sector.
  2. Skill Development and Training: Cooperative societies often provide training and skill development programs to their members. These programs can help members acquire new skills or enhance existing ones, making them more employable in various industries. For instance, a cooperative society focused on handicrafts might offer training in traditional crafts, enabling members to generate income through their skills.
  3. Entrepreneurship Promotion: Cooperative societies can serve as incubators for entrepreneurship. Members may identify business opportunities within the cooperative’s domain and start their own ventures, thereby creating jobs for themselves and others. Cooperative societies can provide support in terms of funding, mentorship, and market access to these budding entrepreneurs.
  4. Resource Pooling: Cooperatives often pool resources, which can lead to cost savings and efficiency improvements. This, in turn, can make the cooperative’s products or services more competitive in the market, potentially leading to business growth and the need for additional employees.
  5. Stability During Economic Downturns: During economic downturns or crises, cooperative societies can provide a safety net for their members. For example, a cooperative credit union can offer financial support to members facing job loss or financial hardships, reducing the impact of unemployment in the community.
  6. Community Development: Cooperative societies often have a strong community focus. By generating economic activity and improving the overall well-being of their members, they contribute to the social and economic development of the community, which can indirectly help reduce unemployment rates.
  7. Advocacy and Lobbying: Cooperative societies can advocate for policies and regulations that support job creation and economic growth. They can work with local and national governments to create an environment conducive to entrepreneurship, job stability, and economic development.

In summary, cooperative societies can play a crucial role in addressing unemployment issues by creating job opportunities, promoting skill development, fostering entrepreneurship, and contributing to community development. However, the effectiveness of cooperatives in addressing unemployment may vary depending on factors such as their structure, management, and the economic conditions of the region in which they operate.