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

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. 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, URL: https://www.ijtsrd.com/papers/ijtsrd50462.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/50462/assessment-of-the-prospect-of-cooperative-effect-on-welfare-of-sand-miners-association-of-anambra-and-delta-states-smaads-of-nigeria/udemadu-frank-chika