Tuesday, 27 March 2012

THE ROLE OF GOVERNMENT IN THE CO-OPERATIVE MOVEMENT

 Section 4a sub-section (ii) of the Nigeria co-operative policy book states “Government will ensure more effective cooperative education, and regulation of cooperative efforts in the country, by providing financial and material support through the federal department of cooperatives. To all cooperative Societies, in order to encourage them". All States and local government will also be encouraged by the federal government to likewise imitate them in this regard. By providing financial and material assistance to cooperative Societies, in their jurisdiction.
Unfortunately, this incompetency of the government to play their part in assisting these Co-operative Societies has led them to no other choice than do-it yourself option. This seems to be a slow motion move for these organized farmers, yet this is the only other alternative as even the banks are not willing to partner with them.

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