The Problem of Cooperative Society in Marketing Agricultural Product in Nnewi Metropolis
THE PROBLEM OF COOPERATIVE SOCIETY IN MARKETING AGRICULTURAL PRODUCT IN NNEWI METROPOLIS
Introduction
THE BACKGROUND OF THE STUDY
Although co-operation as a form of individual and societal behavior is intrinsic to human organization, the history of modern co-operative forms of organizing dates back to the Agricultural and Industrial Revolutions of the 18th and 19th centuries. The status of which was the 'first co-operative' is under some dispute, but various milestones in the history may be identified.
In 1761, the Fenwick Weavers' Society was formed in Fenwick, East Ayrshire, Scotland to sell discounted oatmeal to local workers. Its services expanded to include assistance with savings and loans, emigration and education. In 1810, Welsh social reformer Robert Owen, from Newtown in mid-Wales, and his partners purchased New Lanark mill from Owen's father-in-law and proceeded to introduce better labor standards including discounted retail shops where profits were passed on to his employees. Owen left New Lanark to pursue other forms of co-operative organization and develop co-op ideas through writing and lecture. Co-operative communities were set up in Glasgow, Indiana and Hampshire, although ultimately unsuccessful.
In 1828, William King set up a newspaper, The Cooperator, to promote Owen's thinking, having already set up a co-operative store in Brighton.
The Rochdale Society of Equitable Pioneers, founded in 1844, is usually considered the first successful co-operative enterprise, used as a model for modern co-ops, following the 'Rochdale Principles'. A group of 28 weavers and other artisans in Rochdale, England set up the society to open their own store selling food items they could not otherwise afford. Within ten years there were over 1,000 co-operative societies in the United Kingdom.
Other events such as the founding of a friendly society by the Tolpuddle Martyrs in 1832 were key occasions in the creation of organized labor and consumer movements.
From the
Introduction
THE BACKGROUND OF THE STUDY
Although co-operation as a form of individual and societal behavior is intrinsic to human organization, the history of modern co-operative forms of organizing dates back to the Agricultural and Industrial Revolutions of the 18th and 19th centuries. The status of which was the 'first co-operative' is under some dispute, but various milestones in the history may be identified.
In 1761, the Fenwick Weavers' Society was formed in Fenwick, East Ayrshire, Scotland to sell discounted oatmeal to local workers. Its services expanded to include assistance with savings and loans, emigration and education. In 1810, Welsh social reformer Robert Owen, from Newtown in mid-Wales, and his partners purchased New Lanark mill from Owen's father-in-law and proceeded to introduce better labor standards including discounted retail shops where profits were passed on to his employees. Owen left New Lanark to pursue other forms of co-operative organization and develop co-op ideas through writing and lecture. Co-operative communities were set up in Glasgow, Indiana and Hampshire, although ultimately unsuccessful.
In 1828, William King set up a newspaper, The Cooperator, to promote Owen's thinking, having already set up a co-operative store in Brighton.
The Rochdale Society of Equitable Pioneers, founded in 1844, is usually considered the first successful co-operative enterprise, used as a model for modern co-ops, following the 'Rochdale Principles'. A group of 28 weavers and other artisans in Rochdale, England set up the society to open their own store selling food items they could not otherwise afford. Within ten years there were over 1,000 co-operative societies in the United Kingdom.
Other events such as the founding of a friendly society by the Tolpuddle Martyrs in 1832 were key occasions in the creation of organized labor and consumer movements.
From the
References: Abrahamsen, M.A (1976) Cooperative Business Enterprises MC Craw Hill books company New York Akinwumi, J Anyanwu, C. E. (1989). Analytical Study of Operations of the Nigeria Agricultural Co-operative Marketing Organization (NACMO) Limited in South Eastern States of Nigeria. PhD Research publications of the University of Nigeria (UNN) Nsukka. Asaolu, T. O.(2004): Evaluation of the performance of the Cooperative Investment and Credit Societies (CICS) in financing Small-Scale Enterprises (SSEs) in Osun State, Nigeria. Ayoola (2006): Nigerian cooperative movement: "Yesterday, Today and tomorrow" A paper presented at conference for cooperative leaders and members organize by cooperative federation of Nigeria South west Zone. Enikanselu, S.A., Akanji, S. O., and Faseyiku, O.I. (2005). Principles and Economics of Co-operative. Lagos: DARTRADE Limited. Epetimehin, F. M. (2006): Understanding the Dynamics of Cooperatives, Tadon Publishers, Ibadan. Erebor, G. (2003). Comprehensive Agricultural Science. Lagos. Frank, R.H Gilorich T & Regan, D.T (1999): "Does studying Economics Inhibit cooperation" gnu@gnu.org: free software foundation incorporation Boston, U.S.A. International cooperative Alliance congress (ICA) (1995), Centennial Congress and General Assembly, Manchester. International Labour Office, 1960, cooperative management and administration Geneva. Okorie, R. C. (2000). Sourcing of credit for poultry Enterprises. agVet International, Vol. 1, No.2 July – September, 2000. Olesin, Ayo (2007) "making Cooperative societies work for you", Sunday business in Sunday Punch Newspaper 18th, February, 2007 pg7. Roy, I. (1964). Cooperatives Today and Tomorrow, Genera. Wikipaedia (2006). Economic Development, www.wikipaedia.com