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Scholars Journal of Economics, Business and Management | Volume-5 | Issue-08
DE-Officialization of Co-Operative Independence in Enugu State: Problems and Prospects
Onyeze, Clementina Ngozi , Dennis I Ochiaka , Okonkwo, Paul Chuks
Published: Aug. 30, 2018 | 166 153
DOI: 10.36347/sjebm.2018.v05i08.002
Pages: 719-726
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Abstract
This research work evaluated de-officialization of co-operative independence in Enugu state, with special reference to its problems and prospects. The aim of the study was to identify problems associated with co-operative independence, as well as suggest possible ways of encouraging de-officialization of co-operatives in Enugu state. The survey research design was used for the study. The population of this study comprises of all cooperative societies in Udi Local Government Area whose number is 1,120. And utilized a total number of 145 co-operatives as the sample size for the study. A structured questionnaire was designed and utilized as the instrument used for the collection of data used for the study. The result of the study revealed that the problems associated with co-operative independence which is seen as low capitalization by 86 respondents representing 62% strongly agreed and lack of clear policy guideline on co-operatives 56 respondent representing 41% agreed while unqualified management committee 70 respondent representing 51% agreed. The study also revealed that de-officialization of co-operatives can be encouraged by providing enabling environment for growth and development of co-operatives, 57 respondent representing 63% strongly agreed and avoidance of infringement by Government into co-operative Autonomy 77 respondent representing 56% agreed.