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Topic Content:
- Meaning of Co-operative SocietyThe term society is derived from the Latin word 'socius' meaning friendship or companionship. Society is a community, nation or group of people who share the same traditions, institutions, rules and... More
- Characteristics of Co-operative Society
- Types of Co-operative Society
- Importance / Characteristics of Co-operative Societies
- Advantages of Cooperatives Society
- Disadvantages of Co-operative Society
This is a business firm owned and run by a particular group of people who have similar interests and come together to achieve a common economic and social objective. Each of the members has one vote during general meetings irrespective of the value of shares held. Cooperative societies are registered in accordance with the cooperative acts of the country.
Nigerian Co-operative Societies Act is a Federal Law that grants powers to the Governor of each state to establish a Directorate for Cooperatives which will be
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