Abstract
Most public workers in Nigeria have always faced the problem of housing either during service or after retirement. This is because the mechanism put in place by the government for tackling the housing problem has not met their expectations. Due to that, workers started using alternative means to solve their housing needs. This study measured the level of housing activities carried out by the cooperative society and assessed cooperators' satisfaction with the activities in Plateau State, Nigeria. The study was based on a questionnaire survey conducted on institution-based cooperative societies engaged in cooperator housing activities using various methods. Data was collected from Jos University Teaching Hospital JUTH multipurpose cooperative society in the State. Data were analysed with descriptive statistical tools using mean ranking, and a 5-Point Likert scale was used to determine the level of each activity. It was found that housing development, direct purchases of houses, private-public projects and building materials purchase ranked highest. In contrast, processing land and building documents, housing loans, and land allocation were the least ranked contrary to popular belief that cooperative societies only achieved land allocation and granting of housing loans. Also, the respondents were most satisfied with housing development, directly purchased houses, building materials purchase, transaction cost, while their level of satisfaction on interest to be paid on loans for housing, cost of loan recovery, processing of land and building document and land allocation were ranked least respectively. Therefore, the study concluded that cooperators satisfaction should be given consideration in all activities to improve patronage for their various housing needs at all times.
Highlights
Housing is a global trend facing developed and developing wealthy and emerging nations [27]
The sample frame obtained from Jos University Teaching Hospital (JUTH) Multipurpose cooperative society is 3000 cooperators, but only 2200 members are active; only the active members were considered for this study
Land and building documents ranked 5th, housing loans for members 6th and acquisition of land for members ranked 7th respectively, were the least ranked. These findings are in line with that of cooperative societies that were recognised by the State and supported in their drive to provide housing for the teeming refugees, migrants and citizens [38]
Summary
Housing is a global trend facing developed and developing wealthy and emerging nations [27]. It is both an investment and consumption commodity [16], being a key source of economic growth for countries such as China [42] and in countries such as Britain and America, constituting a significant source of household wealth [8]. Researchers [44] estimated total housing needs in Africa at around 4 million units per year, with over 60 % of the demand required to accommodate urban residents. Nigeria housing shortage as at December 2018 estimated to a staggering 20 million units [27], which is about 3 million increases compared with the 17 million units earlier reported by [46]. The need for all the stakeholders to join hands in providing housing needs for the populace
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
