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AN EXAMINATION OF THE ROLE COOPERATION THRIFT AND CREDIT SOCIETIES TO THE DEVELOPMENT OF URBAN AREA

AN EXAMINATION OF THE ROLE COOPERATION THRIFT AND CREDIT SOCIETIES TO THE DEVELOPMENT OF URBAN AREA

 

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  • INTRODUCTION
    • BACKGROUND OF THE STUDY
    • OBJECTIVE OF THE STUDY
    • STATEMENT OF THE PRINCIPLES
    • DEFINITION OF TERRMS

This study investigates and examination of the role of cooperative thrift and credit societies to the development of urban area. The study was based on the orphanage mother multipurpose cooperative society. The research reviews the literature of related study and was duly acknowledge data collected through constructed questionnaires methods, comprising members of the study area. Using simple random techniques. The perceptible equations and tabular illustration were used to present data obtained in the study. Result obtained from the study suggested that members of the study area and the public benefit immensely from the activities of cooperatives societies. Hence cooperatives help in providing loans amongst its members.

 

 

 

CHAPTER ONE

1.0      INTRODUCTION

The thrift and Credit cooperative has been formed with intention of improving the standard of living. The thrift and credit society started in Germany under the leadership of Fredrick Ra’ffeisen in the year 1818 who is now regarded as the father of modern cooperative thrift and credit society.

Germany has always been referred to as the cradle of credit cooperative. At that time, the economic condition of Germany was so deplorable and the peasantry and artisans fiet crushed under the heavy weight of indebtedness. Famine was a common phenomenon used as order of the day. The Jews ruled over the market and the poor labourers and farmers had no way out, except to buy articles of their need from them and sales their product to them. The merchants were money lenders changing very high rate of interest for the credit they gave and offered ridiculously prices for the produce they purchased. With the hopeless life of the peasantry, Raiffeisen emerged to help them out of their indebtedness and poverty years, therefore thought out plan for cooperative societies.

Before the advert of modern cooperative society the thrift and credit society serve at urban area, the traditional mutual system is been called and addressed by different name by various communities who practice it inform of traditional form of saving.

The Hausa call it “Adashe” “Bashi” in Nupe “Asusu in Ogogo etoto in Ibibio etc.” The traditional systems of cooperative leaders of the society are elected purely on the agreement of the members, while in modern cooperative.

Cooperative at large, the management committees are elected democratically, and any person contesting for any post must have the question of some vital requirement such as payment of entrance fees, share deposit etc and the member must be voted for any post in the society.

Cooperative thrift and credit society are mainly found among the urban areas, low-income earners, government employees etc. and a good number splitter around is the urban area as well.

 

1.1   BACKGROUND OF THE STUDY

Thrift and credit cooperative society like other sphere of life has it own problems. It is generally believed that any organization irrespective of its size has problems, if not identified and corrective measures applied is bound to hit the rock,. Cooperative thrift and credit is not left out this philosophy identifying and laying these problems is the primary aim of the write up of this project.

The project is aim at highlighting the obstacle responsible for the show growth of organization, it is also an attempt to highlight the aim and objectives of the organization, it is living up to expectation?

The problems are being highlighted analyzed and possible steps to be taken to alleviate the problems.

 

1.2      HISTORICAL BACKGROUND OF THE AREA

Modern cooperative thrift and credit has been in existence in early 20’s 2004 to be precisely in orphanage mother multi purpose society. Before then, it was traditionally practiced, low-income earner, petty traders peasant farmers etc. contribute money weekly or monthly, they rotates one after the other which serves as urban development area for its members, and then people have difficulties to secure loan for its members from any financial institution due to the fact that mostly are low income earners, urban areas etc where they have no collateral for security while they normally requested before giving people loan.

But with the establishment of orphanage mother multipurpose in that area, which was established to help people of limited means, which find it difficult to save and secure loan to better their socio economic, encourage, saving and also provide other services to the communities at reasonable rate of interest through application of self help and mutual help which is one of the guiding idea of cooperative.

But most of the people stated with drawing their membership, because they assumed that they only want to dupe and run away with the little money learned due to the fact that the time of establishment there was no emphasis on expansion and diversification of cooperatives thrift and credit in their development plan and there was nobody to educated and enlighten the people about, their aim and objective. So people where complaining that they cannot meet up their needs as a result of non provision of loan for as a whole, lack of proper book keeping and auditing which is due to unskilled personnel, lack of adequate capital and lastly there is also dishonesty and competition among committee members and government which lead to the collapsed of the thrift and credit society.

 

1.3      STATEMENT OF THE STUDY

Cooperative thrift and credit ensure rapid socio – economic development of urban areas and the community at large

But due to the fact that there wasn’t any serious emphasis on expansion and diversification of cooperative movement in their development plan. Therefore it resulted to low participation of people in cooperative society.

Secondly, it also seems there wasn’t serious encouragement from government to ensure that the people were enlighten and educated in other to joint the cooperative society.

1.4      RESEARCH QUESTION

To carry out this research the following question are put forward to guide the study:

1)  What are the impacts of cooperative thrift and credit has toward the transformation and development of urban area.

2)  How can the cooperative thrift and credit be restructured so as to give the societies at large, maximum benefit?

3)  What are the problems facing cooperatives thrift and credit societies in the urban areas.AN EXAMINATION OF THE ROLE COOPERATION THRIFT AND CREDIT SOCIETIES TO THE DEVELOPMENT OF URBAN AREA

DURABILITY OF SOME FLOOR FINISHES IN BUILDING PROJECTS

(A CASE STUDY OF FLOOR FINISHES WITHIN ENUGU METROPOLIS).

5000 naira for complete material .

                                   ABSTRACT

Floor finishes is a vital component in any building structure and lots of defects happen to the floor finishes though many of them could be traceable to the sub floor defect. The objective of the study is to clearly identify the various types of floor finishing prevalent in Enugu Metropolis, their strength and weakness, also to study the cause of failure in floor finish and how to correct them. Finally the research will evaluate the maintenance culture of occupants regarding their floor finishing within the metropolis. The study commences with the review of some past relevant literature with the intention of making use of the important facts.

Data were collected using the questionnaires and analysis of the collected data also made line with the hypothesis and are processed by the use of tables, focus was on the generation summary statistics such as

percentages. The result of the study showed that without a proper maintenance culture on floor finishes, deterioration and failure in floor

finish will be a reoccurring decimal in our building structure. The study

revealed that most of the defects in floor finishes emanated from defects

in structural floors or the improper laying of beds or joint on which applied floor finishes are laid and as a result of this, where defects occur relaying of the finishes is the only answer to the problems but care must be taken to avoid dis-stabilizing the stability of the structural floor and maintain even level between newly laid finishes and old ones. The following recommendations are made:

  1. Before any material is used as floor finishes, it should be tested and

analyzed in order to determine and establish the compressive strength

and duration.

  1. Emphasis should be laid on suitable materials /finishes than cheep

materials/finishes, so as to reduce failure in finishes.

  1. Knowledge of finishes serviceability duration should be known.
  2. A good maintenance culture should be maintained.

As this will go along way to enhance the life span of our various floor finishes.

Chapter one

1.0 Introduction ========================================= 1

1.1 Background of the study ================================ 4

1.2 Aims and objective of the study =========================== 5

1.3 Statement of the study ================================== 5

1.4 Research questions =================================== 6

1.5 Research hypothesis =================================== 7

1.6 Scope and limitation of study ============================= 7

1.7 Definition of terms common in this study ===================== 7

Chapter two

2.1 Literature review ====================================== 9

2.2 Floors and their associated finishes ========================= 10

2.3 Concrete Finish =================================== 11

2.4 Terrazzo Finish =================================== 13

2.5 Granolithic Concreting ================================= 17

2.6 Thin Surface Finish =================================== 21

2.7 Jointless Floor finish ================================== 22

2.8 Linoleum =================================== 25

2.9 Cork Tiles and Carpets ======== ======================== 27

2.10 Appearance ========================================= 31

2.11 Slipperiness ========================================= 31

2.12 Warmth ============================================ 32

2.13 Quietness ============================================32

2.14 Resilience ========================================== 33

2.15 Resistance to abrasion ====================== =========== 33

2.16 Resistance to water and other liquids ====================== 33

2.17 Atmospheric moisture ================================ 34

2.18 Indentation ========================================= 34

2.19 Impact ============================================ 35

2.20 Resistance to sunlight ================================== 35

2.21 Resistance to moulds and fungi =========================== 35

2.22 Resistance to temperature and fire ========================= 36

Chapter three

3.1 Methodology design ================================== 37

3.2 Sample Size ======================================== 38

3.3 Method of collecting data =============================== 39

3.4 Primary data ======================================== 40

3.5 Secondary sources ==================================== 40

3.6 Questionnaire Design ================================= 40

3.7 Description of questionnaire ============================ 41

3.8 Technique for data organization/analysis ==================== 41

Chapter four

4.0 Data Presentation/analysis ============================== 42

Chapter five

5.0 Summary conclusion and recommendation ================== 52

5.1 Summary ========================================= 52

5.2 Conclusion ======================================== 53

5.3 Recommendation =================================== 53

Reference ============================================= 55

Appendix ============================================= 57

List of the table

Table 3.2.1 Percentage of returned questionnaires 39

Table 4.2.1 Stratification of responding professions 42

Table 4.2.2 Classification of building type 43

Table 4.2.3 Type of floor finishes in use by respondents 43

Table 4.2.4 Factors influencing choice of floor finish 44

Table 4.2.5 Years of occupancy of property 45

Table 4.2.6 Frequency of maintain ace work on floor finish 45

Table 4.2.7 Relationship between failures in finishes and maintain ace

Culture 46

Table 4.2.8 Can the failure in floor finishes be caused by functional

Failure in the structure 47

Table 4.2.9 Can the cost of maintaining floor finishes affect the

Maintenance culture of such a floor finishes 48

1

CHAPTER ONE

1.0 INTRODUCTION

Floor finishes are the final substance applied on the surface of floor

before the floor is put to use. Most floor systems of a building are not

exposed to the climatic element and their weathering effects, since a

floor system must support traffic however durability, resistance to wear

and easy of maintain are critical factors in the selection of a floor

system and its finish. The desired finishes and their visual properties

(materials, color, texture and pattern) help to determine the choice of

floor system which can mostly support these finishes

The choice of and preparation of specification for flooring systems to

protect substrates from chemical attach or provide hygienic finishes is

an exercise all too often couched in financial considerations.

Floor finishes except in a few special constructions do not contribute to

the strength of floor; they are therefore used for one or more of the

following reasons.

  1. To provide an attractive appearance.
  2. To increase the comfort and safety to the user.

iii. To hide certain services like cable/pipes in the floor.

  1. Protect the structural floor from wear tear or corrosion.

Each of this primary function that is considered to be the most

important will depend on the proposed use.

Many materials that are used as finishes on floors, each one have

properties suited to a particular usage, durability and ease of cleaning

are essential in all. Case of specific services requirement may call for

special properties such as resistance to hard wear, comfort to users

2 and attractive appearance. At home good appearance and comfort will

be more important.

Any given floor finish must provide the desired balance of properties

and must be sufficiently durable. It will be expected to last for a period

commensurate with its initial cost, the cost of replacement and any

cost arising from disorganization associated with its replacement and

this implies that from all ramification of its need, a good value is

required.

A lot of factors affects the life of a floor finish, most important is the

ever-present abrasive action of traffic, the action of liquid in producing

dimensional changes, erosion and corrosion, the impact of falling

object and the dent caused by heavy loads. There is therefore a series

of secondary requirement that the finish must fulfill, which will depend

on the condition of services though they must be considered in relation

to those four mentioned above.

When selecting floor finish many factors deserve consideration but not

all the factors are of equal importance, furthermore, requirement vary

in different parts of the building, for instance, resistance to oil, grease,

moisture is relevant in a kitchen but not on a bedroom, and

appearance could be important in a lounge but is of little consequence

in a store.

The essential properties to be considered are:

  1. a) Durability: The material must have a reasonable life to avoid

premature replacement with resultant textured, cost and

inconvenience.

  1. b) Resistance to wear: This includes resistance to indentation

where the floor has to withstand heavy furniture, fittings or

equipment and resistance to abrasion in building subject to

heavy pedestrian traffic and moveable equipment.

3

  1. c) Economy: Reasonable initial and maintenance cost, having

regards to the class of building and the particular building.

  1. d) Resistance to oil, grease, and chemicals: This is particularly

important in domestic kitchen, laboratory and some factory.

  1. e) Resistance to moisture: This is important in domestic

bathrooms, entrance passage and halls and in some industrial

buildings.

  1. f) Ease of cleaning: This is of increasing important in many classes

of building as the labour intensive cleaning cost continue to rise

in a disproportionate rate.

  1. g) Warmth: Some finishes are much warmer than other and this

may be an important consideration.

  1. h) Non – Slip qualities: These are particularly important in

bathrooms and kitchen where floors may become damp.

  1. i) Sound absorption: Libraries need floor finishes with high degree

of sound absorption.

  1. j) Appearance: This is an important consideration in many rooms

of domestic building, although the current tendency to fully

carpet rooms may not justify the provision of more expansive but

attractive floor finishes such as wood blocks and strip flooring.

  1. k) Resilience: Some flexibility or “given” is often desirable.

For industrial installations, despite the importance of floor

specifications for floor finishes generally reflect short-term budget

rather than long term stability, inviting early failure. Financial

considerations for floor finishes should be confined to comparing bids

for the ideal specifications complied with the end use in mind.

There are many specific considerations to be taken into account when

deriving a suitable specification for a given situation, not least the

following:

  1. The location of the structure to be protected, its method of

construction and condition if it is an existing substrate.

  1. The composition, concentration and temperatures of all fluids or

solids which may be in contact with floor surface as a result of

the inherent processes, if these vary from area to area it should

be clearly stated and designated area clearly marked to allow

selection of materials appropriate to each area.

  1. Loading characteristics of the substrate and their ability to

withstand additional superimposed loads from toppings, tiles,

brick or composite surfacing.

  1. Details of pedestrian and wheeled traffic, including wheel

loadings and the nature of wheel contact surface.

  1. Detail of isolated activities such as drum handling and storage

and the loading involved, and the areas to which they apply.

  1. The type of floor drainage contemplated i.e. outlets or drainage

channels.

  1. The nature, concentration and temperature of all cleaning agents

which will be used on the floor including any materials used for

cleaning equipment and pipe work since these are usually

discharged on the floor or preferable into channels.

Comprehensive information from the end user in these respect will

give the specifier the maximum information with which to derive an

appropriate specification for a durable finish.

1.1 BACKGROUND OF THE STUDY

Finishes generally do not contribute to the strength of the floors but it

adds beauty or co lour to the floor. There is wide variety of material for

floor finishes and each should be evaluated within the context of

5

Enugu Metropolis in relation to the above mentioned requirement, so

that it can be suitable for any particular type of usage.

Enugu is the capital city of Enugu State, Nigeria. It has a population of

668,862 (2007 estimate). The people of Enugu belong largely to the

Igbo ethnic group, which is one of the three largest ethnic groups in

Nigeria. Enugu was originally the capital of the Eastern Region from

Nigeria’s independence in 1960. On May 27, 1967 Enugu was made

the capital of East Central State, while on May 30, 1967, it was

declared the first capital of the short-lived nation of the Republic of

Biafra. Enugu became a major center for the mining of the coal

discovered by Albert Ernest Kitson in the Udi plateau. The Nigerian

coal corporation has been based in Enugu since its creation in 1950.

In this study, the research will evaluate the floor finishes in building as

prevalent within the Enugu Metropolis (Residential, Industrial and

Office buildings). The research will also study the cause of failure in

finishes and means of handling the causes so as to improve on the

performance of different floor finishes.

The research will identify maintenance medium of floors in order for

the serviceability strength of these finish to be maximized.

1.2 AIMS AND OBJECTIVES OF THE STUDY

The aim of this study is to ascertain the durability of some floor

finishing in building projects within Enugu Metropolis.

THE OBJECTIVE OF THE STUDY ARE AS FOLLOWS

  1. The various types of floor finishing prevalent in Enugu

Metropolis, their strength and weakness.

  1. To study the cause of failure in floor finish and how to correct

them.

  1. To evaluate the maintenance culture of occupants regarding

their floor finishing within the metropolis.

1.3 STATEMENT OF THE STUDY

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THE IMPACT OF THE PRUDENTIAL GUIDELINES IN THE INSURANCE INDUSTRY

THE IMPACT OF THE PRUDENTIAL GUIDELINES IN THE INSURANCE INDUSTRY

COMPLETE PROJECT  MATERIAL COST 5000 NAIRA

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ABSTRACT

What I intend to achieve as the researcher of this project topic the prudential guidelines on insurance companies will hold for the industry in the nearest future.  This is to centered on the impact the issued of guidelines by the various regulatory bodies like the insurance Decree of 1996 and 1991 and the establishment of various bodies like the Nigerian insurance stock brokers and others.

I also want to achieve the performance apprisal of the insurance companies with view of improving revenue profits, identifying the problems faced as a result of this prudential guidelines issued.

In an effort to access the impacts of the implementation of the prudential guidelines one must first and for most achieve why the guidelines were issued and what they were intended to achieve.

Hence the need to findings lasting solutions to sanities the insurance industry to bring about a more better future for its existence.

Chapter one

Vividly speaking this will base on Introduction, Background of study, statement of problems, objectives of study, significance of the study, scope limitation and delimitation and lastly Definition of terms.

Chapter two

This particularly involve the Review of related literature, objectives of insurance regulation, insurance Decree of 1976 and insurance Decree No 58 of 1991.

Chapter Three

Under this chapter we have Research designed and methodology, Data source, Data type, Data location and method of investigation applied.

          Chapter Four

This will basically base on presentation and analysis of data, General review of Nigerian insurance market and claims.

Chapter Five

This will contained the following findings, recommendation and conclusion.

ABSTRACT

          This project work is aimed at giving an insight of what the prudential guidelines on insurance companies hold for the industry in the nearest future.

It is centered on the impact of issued guideline by the various regulatory bodies like the insurance.  Decree of 1976 and 1991 and the establishment of the various bodies like the NISB and others.

It also examine the performance apprisal of the insurance companies with a view of improving revenue profits, identifying the problems faced as a result of this prudential guidelines issued.

Hence the need to finding lasting solution to sanitize the insurance industry to bring about a more better future for its existence.

 

 

TABLE OF CONTENT

CHAPTER ONE

1.0            Introduction                                                                   1

1.1     Background of study                                                     2

1.2            Statement of problems                                         3

1.3            Objective of study                                                          4

1.4            Significance of the study                                                5

1.5            Scope limitation and delimitation                                  6

1.6            Research  Hypothesis                                                    8

1.7            Definition of terms                                                         9

CHAPTER TWO

2.0            Review of Related Literature                                13

2.1     Objectives of insurance regulations                      15

2.2            Insurance Decree of 1976                                              17

2.3            Insurance Decree No 58 of 1991                                    17

2.4            Insurance Association                                                    18

2.5            Brief History of Insurable interest                                 27

2.6            Claims settlement                                                          29

CHAPTER THREE

3.0            Research Design And Methodology                     52

3.1     Data source                                                                    52

CHAPTER FOUR

4.0            Presentation and analysis of data                                  58

4.1     Introduction                                                                   58

4.2            Presentation of Question                                               58

4.3            Analysis of Data                                                            68

CHAPTER FIVE

5.O    Summary of Findings                                                    76

5.1            Decision of Findings                                                      78

5.2            Conclusion                                                           79

5.3            Recommendation                                                 81

Bibliography/References                                                83

CHAPTER ONE

1.0     INTRODUCTION

          Insurance companies deal principally money and property.

According to Brettl. J. the subject matter of insurance is money and money only.  They act as mobilizers of funds from surplus units and channel them to deficit units.

This channeling can be refered to as indemnity.

This can be put in another way, that the primary purpose traditionally of insurance to spread the financial losses of insured members over the whole of the insuring uncertainty by compensating the unfortunate few from the contributions of all members.

Premium changed by the insurance company is its primary sources of manning income, therefore the insurance companies help on premium for its insured or person, financial rights or liability to mention but a few.

However, the financial compensation promised by the insurer is what is called the subject matter of the contract.

Insurance contract is subject to the general Principles of Nigerian Law of Contract as in any other commercial activity.  It these principles that makes for its validity.  Not only does it affect insurance but it operates in every other commercial aspect of life.

1.1     BACKGROUND OF STUDY

The role of insurance as one of the major economic activities of a nation has long received would acclamation.  It is not a dispute that insurance has attained a high degree of commercial sophistication.

Insurance business plays a major role in shaping the economic furtunes of the business enterprise institutions and individuals.

The economic profits of any country usually has an impact on both cost and benefits of insurance.  Thus one should consider the examination of the subject of insurance regulation timely in view of current economic climate.

1.2     STATEMENT OF PROBLEMS

It has been a concern within the insurance industry on the introduction of the prudential guidelines, as it affects the performance appraisal of the insurance companies.

This research work is geared towards investigating the impact of this guideline as it affects the insurance industry in Nigerian.

In 1979 there was an act guiding the operations of insurance and ie- insurance business in Nigeria.

This act stipulated that minimum of 25 percent of the total assets of the insurance companies should be held by government and semi-government securities.

Non life insurance companies should invest not less than 10 percent of their total assets in real estate,  while the minimum proportion for life insurance companies was fixed at 25 percent.

However, in recognition of the financial intimidation role of insurance companies by government the lending operation of the companies were brought under the control of the C.B.N with effect from April 1978.  From then an insurance companies required to render monthly returns of their operation to the bank within 30 days from the end of each month.

1.3     OBJECTIVES OF STUDY

  1. To ascertain the impact of the prudential guidelines on insurance companies.
  2. To examine the facts contained in the prudential guidelines issues.
  3. To examine the performance of insurance companies with regards to premium income and profit since the introduction of the prudential guidelines.
  4. To identify the problems insurance companies face as a result of the introduction of prudential guidelines.
  5. To know whether insurance companies now send monthly report to regulatory bodies.
  6. Recommendations on the researcher’s findings.

1.4     SIGNIFICANCE OF THE STUDY

  1. INSURANCE COMPANIES

This licensed companies will, through this research, work improve on their performance since the researcher will let the public know all that is required of the insurance companies as contained in the prudential guidelines issued on licensed insurance companies.

b.       THE GOVERNMENT

Since the government though it regulatory bodies like NISB, C.B.N, etc issued the prudential guidelines this research will help the government know whether to let the prudential guideline continue or to withdraw it from being used by insurance companies.

C       THE PUBLIC

The public here includes, the “insured” and the intending ones.  This research work will help particularly the intending policy buyers to be aware of the new insurance policy on the insured.

1.5            SCOPE LIMITATION AND DELIMITATION

SCOPE

This research work covers the facts of the guidelines, premium income and profits position of insurance companies before and after the prudential guidelines, how the insurance companies welcome this new guidelines the impact the guidelines have made so far and the problems facing insurance companies as a result of the guidelines.

LIMITATION

ANALYSIS OF THE EFFECT OF THE PROVISION OF HOUSING ESTATE ON RESIDENTIAL HOUSING DELIVERY

(A CASE STUDY OF WORLD BANK HOUSING ESTATE OWERRI)

This dissertation deals chiefly with an analysis of the effect of the provision of housing estate on residential housing delivery with a case study of world bank housing estate Owerri.  The key impetus for this research on the analysis of the effect of the provision of housing estates on other residential house in this particular area of study arises from its sudden changes in states.

This study examines the effect of this changes on the physical environment and the population of the study area with particular emphasis on the area of provision of residential units and the provision of basic social amenities and infrastructures as be pithy the advancement in the status of the world bank housing estate.

This also examines the sole aim of provided housing estate and the its effect on other residential houses in the area study.

TABLE OF CONTENTS

CHAPTER ONE

1.1  Introduction

1.2  Statement of problems

1.3  Aims and objectives of the study

1.4  Research questions

1.5  Significance of the study the scope of study

1.6  The scope of study

1.7  Limitation of the study

1.8  Over-view of the study

CHAPTER TWO

2.0 Literature review

2.1 Definition of terms

2.2 Factors affecting housing demand

2.3 Factors affecting housing supply

2.4 Housing finance

2.5 Effects of the provision of housing estate on residential housing.

2.6 Efforts to the state federal government to housing delivery system.

CHAPTER THREE

3.1 Research design and methodology

3.2 Sources of data collection

3.4 Sample of size

3.5 Method of data collection

CHAPTER FOUR

4.1 Data presentation and analysis

4.2 Analysis dare collected from the d

CHAPTER FIVE

5.0 Findings recommendation, summary and conclusion

5.1 Findings

5.2 Recommendation

5.3 Summary and conclusion

Bibliography appendix

CHAPTER ONE

 INTRODUCTION

1.1 BACKGROUND OF THE STUDY

Housing is seen as one of the most important for the physical survival of man after the provision of food. It contributes to the physical and moral hearth of a nation and stimulates the social stability, the work efficiency and the development of the individuals. But in spite of these facts there is on doubt that housing in quantitative terms is still one of the major problems facing the Nigerian Urbanities and governments beside the characteristic slums and conditions it is becoming increasingly difficult for average Nigerians to own houses. Also it is very difficult to procure decent accommodation at reasonable rent in the market. The rent are high in each state and fairly high in the other state capitals, but still not commensurate with the monthly in comes of all categories of low, middle and upper wage earners and the self-employed.

The major cause of high rent is that the supply of housing is fair less than demand. The recommended 20 percent of the monthly income on rent. The problems are more acute in those cities and towns where ad commercial and industrial activities have long been established, fast growing and concentrated cities. To find houses to rent is a big problem and if such houses are eventually found, they are let out at very exorbitant prices that take a large percentage or the monthly income of the acceptant not minding the location and the accessibility of the residence to the place of work. Until recently for an was becoming exceedingly very difficult for an average wage earner as well as the self –employed individuals to build houses of their own within a long period of time say ten years through their private savings. Most civil servants in Nigeria between 1978 and 1988 cloud hardly make some savings not to take of building houses of their own. Also, the cost of building materials is very exhobitant, cost of land, labour and professional fees are very high which has led to the situation whereby the construction cost per square meter is far more than what an individual could meet after the provision of food and other social needs.

Also due to the fact that individual cannot own houses of their own as a result of the high construction cost involved, it has contributed to people hiring at very exorbitant rates because there are more buyers one of housing good than the supply of those goods and services. The effect of this housing shortage mostly predominately in Urban areas not only led to over crowing in several cities, it has also led to many taking shelter under the bridges, schacks and make shifts (as in the case of lagos). The most unfortunate thing is that the existing residential buildings are not suitable to modern needs and lack in converses such as water closets (Wcs),P,Pe-borne water, power supply, open spaces etc. the situation prompted the united Nations to launch the aggressive programme of shelter for all in the year 2000.

To achieve this, the federal government of Nigeria incorporated it in the Nation’s third development plan (1975-1980) and sought to participate actively in the provision of housing for all income groups achieve significant increase in housing supply and bring relief especially to the low income earners and the self- employed who where the most affected by the acute shortage a situation whereby the Urban worker paid over 20% of his monthly income on rent. This has led to the provision of Estates by both the  federal and the state government in order to increase the housing stock available to the Urban population. It is on this background that this work tries to examine the effect of these housing Estates on Residential Housing Delivery.

1.2    STATEMENTS OF PROBLEMS

Government all over the world especially in developing countries embarks on the provision of housing Estate for their Wizens, this is usually to argument housing provision by the private sector of the economy. Although these estates were established by law and status, they present management problems inducing legal, physical, Financial, social – political and other problems such that in recent time management of public housing Estate has presented hydra-headed problems. These problems manifest themselves in the form of dilapidated buildings, poor sanctuary and environmental condition all resulting from poor management and lack of maintenance.

This cleary, the crux of the housing problems in Nigeria today relate to the low income groups which constitute the main elements of both Urban and rural population with all these factors mentioned above one sees the housing problems in general as the problems that motivated both the federal and the state government, the Imo state government and the Imo state Urban and housing corporation and all the other state government and housing corporations to formulate their housing programmes. This is because good residential housing gives room for more production.

1.3  AIMS AND OBJECTIVES OF THE STUDY

The main aim of this research work is to evaluate the effect of housing estate on the residential housing provision in the Nigerian Urban cities: To achieve this aim the following objectives are set out.

(1)                     To identify the various housing estates in the study area.

(2)                     To determine the quantity (number)of houses provided through the Imo housing corporation in Owerri

(3)                     To determine the effect of these housing Estate on the residential housing provision

(4)                     To identify problems and constraints of the Imo housing corporate in the provision and management of these housing Estates.

(5)                     To recommend ways of ameliorating the problems in (4) four above with a view of providing more housing Estate in the urban area.

1.4                      RESEARCH QUESTIONNAIRES

  1. Mention various housing estate in Imo state Owerri
  2. What is the quantity number of housing provided by the Owerri housing co-operation?
  3. What are the effect of these housing estates on the residential housing provision?
  4. What are the problems encountered by the Owerri housing co-operation in the provision and management of these housing estates?
  5. Recommend ways of ameliorating the problems with a view of providing more housing estates in the urban area.

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IMPORTANCE OF FISH PRODUCTION AND ITS MARKETING VALUE

 IMPORTANCE OF FISH PRODUCTION AND ITS MARKETING VALUE

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ABSTRACT
The importance of fish production and marketing value of fish production in Ughilli North East Local Government Area of Delta State. Fishery industry in Ughelli North East Local Government were randomly selected to find out the importance of fishing. Questionnaires methods and oral interview were used in collection of data. Questionnaires were send out to people in fisheries industry to answer. The study review the importance of fish production industries, in the area of study include financial problem, inadequate pond for housing these fishes, and the marketing value.

CHAPTER ONE

INTRODUCTION

Although there are thousand of years of experience supporting aquaculture in and other countries, it is relatively young industry in the United States. It is also one of the fastest growing segments of animae agriculture. Aquaculture output has grown at a rate of more than 10% for captured fishers and 3% for livestock meat production (FAO, 2000) while only 13 million tons of fish were produced in North American in 1990, there were over 31 million tons produced in 1998. Concurrently, the value of this production doubled from 490 million to nearly 81 billion (USAA, 1998).

Human consumption of fish and related foods is increasing each year. Demand for fish products is greater than the ability of the oceans to supply them. A reduction in wild –caught fish coupled with increased consumption by American consumers has led to increased profitability, improvement in technology required for captive production, and a rapid expansion of farmed aquatic specie. As a result aquaculture is becoming a major alternatives crop globally and in many areas of the United States illustrates the increasing percentage of the total world fish production supplied by aquaculture in relation to the oceanic catch. Because the oceanic fish is no longer increasing significantly, additional production depends on growing more fish through aquaculture. Approximately 75 percent of the earths surface is covered by water yet humans harvest only 1 percent of their total food supply from this source.

BACKGROUND OF THE STUDY

Over 4000 years ago the Chinese through trial and error developed a system approach to harvesting the nutritional riches of water. They found that different species feed in different natural niches. The animals of particular use to in the ancient Chinese were complementary varieties or crop. The common crop (Cyprinus Earpio) is abenethic that consumer invertebrates in the bottom of the ponds. For thousand of years carp species provided the Chinese with a sustainable harvest. The Chinese discovered that the use of manure as fertilizer could enhance the productivity of a pond. In the 1880s aquaculturist in Eastern Europe countries also cultured the common carp (Silver carp, black carp, grass carp), in the United States aquacultures was launched when the federal government began hatching and stocking program to restock salmon lost spawning rivers in the North West. In an attempt to increase Salmon numbers in the wild, the federal government began hatching program that were basically “put and take” system. Eggs were collected, hatched in captivity and fingerlings released. This program, although successful in increasing wild-caught number, was actually more successful in providing initial information and research for the science of aquaculture. Hatching and restocking into the wild required development of the same technology as that needed by commercial hatching. This made salmon the major marine fish industry of the United state with more than half the production coming from public because over 600 million commercial salmon landing accounting annually.

In the 1950s the US government supported programs of farm pond construction and stocking. Although more than 2 million ponds were constructed they have demonstrated little importance for food production. In 1960s ponds were constructed specifically for catfish in the Southern United States where production fastest growing agricultural enterprises from 1970s till today. Catch moved to the Mississippi delta Region. The federal research laboratory in sluttgart, Arkansas, helped promote catfish by providing information and support. Regional government aquaculture research centers have helped bolster growth and profitability of the industry. Aquaculture production in North America involves diverse farming systems in diverse areas. It is most concentrated in the southern region of the United States. Today the US catfish industry of the largest aquaculture industry in the world employing more than 25, 000 people and generating over $ 1 billion annually. More than 178, 000 acres of catfish ponds on 1300 farms produced approximately 100 million metric tones per year. Currently 80% of the catfish production occurs in the state of Mississippi with 105, 000 acres concentrated on 400 farms. Many other commercial species are also centred in the south East Louisiana is the leading producer of craw fish and arkangas leads in baitfish production. Florida is the leading in ornamental fish, increasingly there are niches being found for hybrid stripped bass, fresh water prawns, red fish and tilapias throughout the country. Other species that have potential include allegation, bullfrogs and turtles. Production of the American cupped oyster is predominately from the united state e.g. clams, crayfish, catfish, mussels, cyprinids etc.

STATEMENT OF THE PROBLEM

The statement of the problem are;

  1. Do we have fishing ponds in Delta State of Nigeria?
  2. Do we have enough facilities to engage in fishing production?
  3.  What can the federal government do about the fishing industry
  4. What are the roles of the public concerning fish production?

OBJECTIVE OF THE STUDY

The purpose of this study is to examine the importance of fish production and it marketing value of fish production in Nigeria, which is the usefulness of rearing of fish and it nutritional value to human.

–                     To identify the marketing value of fish production in our means.

–                     To understand aquatic animals much better now than that in the past.

–                     To bridge the gap resulting from our having invested minimally in salt and fresh water food production research to compare with research investment made in food production from the land.

SIGNIFICANCE OF THE STUDY

The study of the importance of fish production and it marketing value of fish production in Nigeria is significance not only to agriculturist but to everybody. If the contribution of US aquaculture project growth is achieved, the federal government, state government, general public at large established a good and adequate fishpond the need of today would be meet. Therefore the significance of carrying out this study is to show the influence of fish production in Nigeria.

RESEARCH HYPOTHESIS

The research hypotheses are stated in the alternative and null hypothesis.

  1. What types of fish do agriculturist rear in the area of study.
  2. What are the marketing value facing aquaculture production in the area of study.
  3. What are the main purpose for aquaculture keeping by the government of that state.
  4. What are the nutrients gotten from aquaculture?

SCOPE OF THE STUDY

Due to its compulsory has been carried out in some selected areas. This is also a result of a large number of fishpond within Nigeria. The selected fishponds covered are the school of education fish pond, Gabano hotel, Uniben fish pond, delta state fish pond Ughelli.