FEASIBILITY STUDIES A REQUIREMENT FOR STARTING A NEW CO-OPERATIVE BUSINESS IN NIGERIA
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- NGN 3000
ABSTRACT
The project is focused on feasibility studies: a requirement for starting a new cooperative business in Nigeria. The importance of a well prepared feasibility study in the cause cooperative information and investment drive cannot be over emphasized. A well prepared feasibility study can be used to obtained loan from banks and thus attract other investments. Cooperative projects backed by good feasibility studies are difficult to wind up easily. The drive for investment can only take place when there is sufficient money or resources. For any project there are the alternative technology, production equipment, building and other investments. This study takes a look at cooperative formation and investment drive among registered cooperative in Enugu East, Enugu South, Enugu North and Enugu central). The computation of sample size was based on Tao Yamani Technique of which a sample size of 193 was selected. The simple percentage analysis and test of hypothesis were used in treating the data. And recommendations and conclusion were drawn from the findings f the data analyzed.
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