Application of universal cooperative principles among cooperatives in Ile Oluji

This paper understudied the development of cooperative principles globally and the context of how they are localized among cooperatives in Ile Oluji, Ondo State, Nigeria.
There were no significant variations in the activities of the Cooperatives understudied and the stated ICA 1995 Principles save for “cooperation among cooperatives” and “education, training and information” of the general public about the benefit of cooperatives.
Observations from this study were that although, cooperative societies understudied had their laws tailored to many of the ICA Principles 1995, they have minimal association with secondary and tertiary cooperatives in and outside their local area.
The need for formal education of Staff and Executives of these cooperative societies was recommended. Likewise, the need for cooperatives to intensify information to the public about the benefit of cooperatives.