Labour Union Cooperative Organizations and Workers’ Welfare in Nigeria
Journal Title: International Journal of Humanities and Social Science Invention - Year 2018, Vol 7, Issue 7
Abstract
This study examined the relationship between labour union cooperatives and workers’ welfare in Nigeria. A questionnaire was used to sample opinion from purposive selected workers who are co-operators in the University of Calabar, Calabar, Nigeria. Information gathered were analyzed and presented in charts and graph for easy interpretation. Findings reveal that labour union cooperatives help in many significant ways to improve workers’ welfare. It shows that cooperatives enable workers to pay medical bills, rent houses, pay children school fees, own houses,buy cars as well as acquire cheap and affordable plots. It reveals that cooperatives encouraged members to save and increase their investment levels, provides additional income to workers through dividends and gives low interest loans to employees. The operations of cooperatives help workers to further their education and obtain additional professional qualifications. The study recommended among others that, periodic auditing should be encouraged in all cooperatives to ensure prudent management of funds.
Authors and Affiliations
Odey S. , omang T. A. , agba, A. M. Ogaboh
Keywords
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