Saturday, May 29, 2010

THE ROLE OF CO-OPERATIVE SECTOR IN NATIONAL DEVELOPMENT:

A. THE CO-OPERATIVE MOVEMENT IS A GREAT ADHERENT TO THES3 CHERISHED UNIVERSAL HUMAN VALUES. FOR, DUE TO THE NATURE OF CO-OPEREATION, IT PROVIDES THE AVENUE FOR PEACEFUL COEXISTENCE, SERVICE TO OTHERS AND SELF-HELP IN THE VARIOUS SECTORS OF THE ECONOMY...

WHEN CO-OPERATIVES ARE ENCOURAGED AND EFFICIENTLY OPERATED, THEY COULD TAKE CARE OF MOST OF THE NEEDS OF THEIR MEMBERS/PATRONS-DONORS AND IN THE PROCESS, COULD EVEN TAKE CARE OF THE NEEDS OF THE GENERAL PUBLIC. TYHERE ARE PRODUCTIVE CO-OPERTATIVE IN ALL THE BRANCHES OF AGRICULTURE (Crops, live stocks, fisheries, forestry), the inputs supply and distribution, the marketing of agricultural produce and other essential commodities. The all important financial needs of large numbers of small scale producers and non agricultural small-scale industrial sectors are easily provided through co-operative thrift and credit operations. The co-operative movement presents one of the most potent means of capital accumulation through saving by members.

b. Co-operative Society therefore play a pivotal role in the task of nation building and general development. Hence, given the required assistance, in order to help the small scale producers in the society, and to help build the economic activities of our country and our members country. Co-operators need to be empowered through an effective co-operative policy that creates an enabling environment for them to operate profitably.

c. The vision for Nigerian Co-operative sector is to promote the members entrepreneurial capacities so that they can generate adequate surpluses for themselves and create opportunities for economic progress for the public. In this way, greater employment opportunities and improving the general welfare of Nigerians and other partner countries.



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