The role of marketing co-operatives in economic development of nigeria

Thesis Abstract

This project looked into the role of marketing co-operative in economics development of Nigeria. (A case study of Rice Marketing Co-operative in Ugbawka, Nkanu East). A survey was conducted on the type of marketing co-operatives in Ugbawka Nkanu “East and the management and organization of Ugbawka marketing co-operatives, to obtain relevant data on the views of the respondents towards the marketing co-operatives. The information was collected from two categories of respondents viz members of the organization and the local government co-operative council of Nkanu-East Local Government Area.

The major instrument used for data collection was questionnaire. The data collected were analyzed using the percentage system of data analysis. The study found out that the societies in the area encouraged the habit of savings among members, give little loans to members and foster unity among them. They also sell goods at low prices ad produce food stuff (rice) for the area.

However, the study showed that growth of marketing co-operatives in the area is affected by problems such as frauds, ineffective management by those in charge of running the co-operatives, lack of finance and non-payment of loans among others.