PERFORMANCE OF COOPERATIVE MANAGEMENT COMMITTEE IN KADUNA POLYTECHNIC, KADUNA

Abstract

The paper examined the performance of cooperative management committee in Kaduna Polytechnic, Kaduna. The lack of clear rules and credit rationing is appears to characterize the administration of many cooperatives. Hence, governance problems become crucial as there is excessive and improper manipulation of credit granting procedures by managerial committees. Survey design was adopted and a sample size of 308 was generated out of 1,339 population. Questionnaire and secondary sources were utilized in data collection. Data were analysed using table of descriptive statistics, frequencies and percentages, through the aid of SPSS on a threshold of 5-point Likert-scales. The result revealed amongst others that management committee of the cooperatives supervise or control the affairs of the cooperatives, conducts elections, makes donations for the social welbeing of its members and association etc. It was also found amongst others that inadequate funds, poor managerial or leadership skills, lack of well defined operational guidelines and unaccountability of offices were challenges militating against the smooth performance of the cooperatives. Therefore the paper recommended amongst others that management committee of cooperative societies should continue to conduct elections and imbibe the culture of accountability at the end of every tenure. Cooperatives should have and enforce punishment on every leadership that does not work in line with the operational guidelines.