CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND SO THE STUDY
Workers in industrial co-operative to ameliorate the hardship especially the poverty of the working people with a view to increase their social order that ensure the poorest members of the working class sufficient wellbeing for feature would be to expensive for the people to bearing for instance it could generate permanent cynical apathy to government and society programme and alienation of the very low income group in economic activity. The idea of workers co-operative is a step, in the right direction especially in the face of harsh economic realistic resulting from the structural Adjustment programme (SAP); this study, will therefore identify the objective role, possible problems prospects associated with the workers co-operatives, suggest remedies to the problems and make recommendation with a view to reforming the worker co-operative into achieving their stated objectives,
The history of cooperative development in Anambra state may be traced from its origin in Nigeria. It was in the early 1930’s that the agricultural development agents began to organize cocoa farmers in westerns Nigeria into small co-operative organizations.
Efforts were made between those periods to establish a co-operative division. This before it could long. An enviable and viable co-operative division was established. The division was formally under the ministry of local government, but through several resettlements and changes of government. It finally came through the ministry of commerce and industries.
The estate inherited a total number of 685 co-operative societies from the former Eastern state with membership of 15,155. As a result of individual desires and government encouragement coupled with the interest benefits desirable from the formation of co-operatives in the state has increased atomically to 2,757 which also increased membership of 86,812.