EFFECT OF COOPERATIVE SOCIETY ON BUSINESS DEVELOPMENT IN ABI LOCAL GOVERNMENT AREA (CROSS RIVER STATE)
Abstract
ABSTRACT
This study was conducted to examine the effect of cooperative society on business
development in Abi Local Government Area, Cross River State. The specific objectives of the
study were to examine and explore how access to credit relates to business development in Abi
Local Govt Area; ascertain the extent to which training programs relates to business
development in Abi Local Govt Area and to examine the relationship between infrastructural
development and business development in Abi Local Govt Area. This study adopted the
descriptive research design and a population size of 219,800 respondents. A questionnaire was
used to collect information from the respondents. The information gathered from a sample size
of 400 respondents was done using a simple random sampling technique. The data were
analyzed using PPMC (Pearson Product Moment Correlation. The findings of this study
revealed a significant positive relationship between access to credit and business development
in Abi Local Govt Area. It was recommended that from Abi LGA that Cooperative societies
should improve their governance and management structures, ensuring that they are
transparent, accountable.
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