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Abstract


The aim of this paper is to examine the social and economic impact of Pseudo-cooperative societies in Nigeria and to investigate into their origin, formations and development. It also examined the impact and benefits in our rural communities, especially in the grass root, urban and national development. The research questions focused on the Pseudo - cooperative identity, participation and decision making, internal and external communications, organizational and leadership development, the relationship between the Pseudo - cooperative’s leadership, the initiatives of people to lift themselves out of poverty, the knowledge that would support poor people development. The research questionnaire was used to elicit data from members, management and the populace. The finding of the study is on the ‘pseudo’ - rural cooperatives and the need for policies makers to create a platform for the education programming in the areas of cooperative member ownership and ways in which to increase participation in decision making and to discourage a ‘Pseudo’ Cooperative Society.


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