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PROJECT TOPIC: THE IMPACT OF CO-OPERATIVE SOCIETIES ON POVERTY ALLEVIATION IN NIGERIA (A CASE STUDY OF EGOR LOCAL GOVERNMENT AREA OF EDO STATE)

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ABSTRACT

This study was carried out to examine the impact of co-operative societies on poverty alleviation in Nigeria with a particular reference to Egor Local Government Area of Edo State. To achieve this objective, four research questions and two research hypotheses were formulated to guide this study. The data collected were analyzed using simple percentages and tables to analyze research questions. A structured questionnaire was used as the major instrument for data collection from the respondents in Egor Local Government Area of Edo State. After the careful analysis of the data, the following findings were revealed that; empowerment of men and women through skill acquisition by cooperative society reduces poverty. Cooperative society and poverty alleviation has impacted members positively; cooperative is increasingly becoming a major source of productive resources that are made available to their members for a variety of uses; the most common is the income-generation opportunities make possible due to growing abilities of these cooperatives to mobilize substantial savings from which members can barrow and the relationship significant between cooperative society and poverty alleviation has impacted members positively. The study concluded with some recommendations that the strategies of cooperative societies should be consciously articulated to realistically reflect proper skills and trainings of its members within specific needs of such communities in which they are based or situated.


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