IMPACT OF COOPERATIVE APEX ON THE DEVELOPMENT OF COOPERATIVE SOCIETY
ABSTRACT
Over the years, there has been a high rate of business failure in both private and public sector. Analysis and the review of the problem has shown that the provision of capital and technology alone cannot avert the situation. The situation can be change through a communal living. Establishment of co-operative society and there stay under the umbrella might contribute more to the efficient and effective management. This research project was done to determine the impact of co-operative apex on the development of co-operative society in Anambra state using the co-operative federation as a case of study. The objective of the study was; To identify the functions of the apex; To identify and examine the organizational structure of the apex; To identify the problem militating against the management and operation of COFAS and suggesting ways of improving the state apex; To identify the source and the use of fund and how they are supported in improving other tertiary, secondary, and primary society. The study finds out that co-operative federation of Anambra state have; Create a great impact on co-operative development in Nigeria which is archive through the service rendered to affiliate member society such as selling essential commodity are a reduce price, processing farm product, conducting training programme such as seminars, conference, workshop etc. Management problem, which are responsible for the poor performance of COFAS. Such problems are lack of good planning, organizing, controlling and directing. Problem of inadequate capital. The study recommends that management workshop should be organized to harness the management problems of COFAS. Also, private companies should be allowed to by share in the co-operatives federation so that problem of inadequate capital can e solve. The researcher also made some suggestion for further study.
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