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Assessment of the Prospect of Cooperative Effect on Welfare of Sand Miners Association of Anambra and Delta States [SMAADS] of Nigeria

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Assessment of the Prospect of Cooperative Effect on Welfare of Sand Miners Association of Anambra and Delta States [SMAADS] of Nigeria


Udemadu, Frank Chika | Umebali, Emmanuel. E.



Udemadu, Frank Chika | Umebali, Emmanuel. E. "Assessment of the Prospect of Cooperative Effect on Welfare of Sand Miners Association of Anambra and Delta States [SMAADS] of Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5, August 2022, pp.292-304, URL: https://www.ijtsrd.com/papers/ijtsrd50462.pdf

The study on assessment of the prospect of cooperative effect on the welfare of sand miners association of Anambra and Delta States [SMAADS] of Nigeria had four specific objectives which were to ascertain the extent to which access to cooperative credit facilities can alleviate the poverty level of Sand Mining Association (SMAADS) members in Anambra and Delta States, ascertain the extent to which controlled supply and price regulations of sands can enhance the profitability of members, assess the influence of (SMAADS) members education, and training information on members literacy level, and evaluate the SMAADS corporate social responsibilities that can facilitate the cooperative principle of concern for the environment of the host community in Anambra and Delta States. Data were collected with a well-structured questionnaire from a cross-section of randomly selected 451 (234 – Anambra and 217 – Delta) members of Sand Miners Association (SMAADS). The data were analyzed with a combination of analytical tools such as descriptive statistics, mean threshold from 5 points Likert Scale, multiple regression and other inferential statistics such as Z-test and Wilcox sign test. The study found the average amount of credit accessed are 769,921.91(Anambra) and 539,454.22 (Delta). The extent to which access to cooperative credit facilities alleviate the poverty level of the sand mining association members had a grand mean score of 2.58 (Anambra) and 3.51 (Delta) and was significant at a 1% level of probability (3.69***). Controlled supply and price regulations enhanced profitability with a grand mean of 3.03 (Anambra) and 3.34 (Delta), while the profitability itself had a grand mean of 2.97 (Anambra) and 3.27 (Delta). The study equally revealed that the extent to which education and training influenced the literacy level of members of the association was significant 19.21*** (Anambra) and 37.70*** (Delta) at a 1% level of probability. It is important to bring to the readers notice that the amount of cooperative credit accessed differs significantly (6.86***) in the two-state. Furthermore, members concern for the environment of the host community was significant in Anambra (9.67***) and Delta (8.84***) at a 1% level of probability. The study recommends among others that the sand miners should organize themselves into a cooperative association to improve their performance while still trying to enforce the supply and price regulations services of the association in the study area.

Cooperative Effect, Welfare, Sand Miners Association


IJTSRD50462
Volume-6 | Issue-5, August 2022
292-304
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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