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examination of the Roles of Commercial Bank in Financing Agricultural Project in Enugu State

Examination of the Roles of Commercial Bank in Financing Agricultural Project in Enugu State

 

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CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF STUDY
In the immediate past decade and this present decade, there have been seminars, conferences, articles, Journals and various publications by both local, national and International Organizations on the sharp decline in Agricultural production on these various programmes, some of these workshops, conferences and seminars include the followings:
– The 13th Annual workshop of the South – West Research Extension Farmers impute Linkage system (REFILS) helped at the Institute of Agricultural Research and Training (I.A.R.T), Moor plantation Ibadan in March 2000 with topic “Adaptive Research and Method in Agriculture”.
– An Annual conference Organized by Agricultural Extension society of Nigeria (AESON) held at university of Ibadan Conference Society of Nigeria Centre, Ibadan on 10 – 12 April, 2000.
They emphases on the need to promote agricultural production to reduce the unguided population explosion which is at geometrical progression (G.P) while Agricultural production was only growing in an arithmetical progression. These seminars, workshops, conferences also reminded the populace world wide of the impending danger posed by the continuous deforestation practices of our forest reserve, bush burning overyrazury, continuos coming and other environment gradation hazards.
They panted out little or on concerted effort are made in replacing the deforested areas. They called on the need to embark on a national forestation scheme and forest conservation
In Nigeria, there bad been various campaigns for to inhabitants nationally to plant at least one tree crop in his vicinity annually (tree planting compaign) All these would have been uncalled for but for the indispensable role played by agriculture in Nigeria economy, justly this project work, Agriculture sector in developing and under – developed countries. It provides foods required for the teeming population in both the rural land populace. It also provides raw materials for our agricultural industries like Cotton to our textile industries.
Agriculture provides employment for about 60% of the labour force in developing countries. Agriculture also provides incomes to individuals, states, and the nation, to the peasant farmers and traders aluce. It provides money as income and means of live holds to the farmer who sells this farm wares to the populace. To the states, like Enugu state the cashew plantation at Ohhe not only provides raw materials to industries but also provide income to the state government and to the nation, it provides a means of export, thereby learning foreign exchange and consequently reducing the chorus balance of payment deficit prevalent in these region.
In 1969, Agriculture contributed 31% the cross Dmester product (GDP) in sierra Leone, 1957, it contributed over 61% to GDP in Nigeria and in the year 2001, proceeds from sales of grain (Agricultural product) in Nigeria amount to over N2.5N Billion (CBN Bullion Jan / March 2001) The percentage contribution of Agricultural sector to the national has seen declining since when the petroleum sector started contributing heavily to the national income. Presently, agriculture has assured a wider scope as against those days when agriculture was viewed as a narrow feed which includes the propagation of seeds and crops and the rearing of animals for man use. This does not fully inculcate all the relevant aspect of agriculture. Some agriculture in of seeds and crop, include souring and buying of farm input like seedlings machinery’s etc and the selling of its output (agricultural marketing) and the use and provision of credit in agricultural – financing). This later view is more prevalent now especially among the literate populace. The use and provision of agricultural credit will equally assist us in appreciating the role of commercial banks in financing agricultural project in Emugu state their problems and prospects. This forms the course of this project.
1.2 STATEMENT OF THE PROBLEM
The major concern of this study us to know from the lender (First Banks as the Commercial Bank) and the recount (Farmers and Agriculturists) loan effectively agricultural project are Financed in Enugu State a result of the donnreeening and indispensable role of commercial banks. Since the establishment of the bank in 1894, they has been carry out financial assistance to agriculturist.
Farmers encounter various difficulties when trying to get financial aids from commercial banks – some of these difficulties are as follows:
(i) Agriculturist / Farmers do not get financing aids such as Bank Loans / credit when they need it.
(ii) Commercial banks granting loan to farmers due to adequate collateral for such loan .
(iii) Illiteracy among the farmers also crenate a very difficulties because of this farmer do not o to banks to receiving advisory services which might help then to

AN ANALYSIS OF THE OPERATION OF THE NIGERIAN CAPITAL MARKET

AN ANALYSIS OF THE OPERATION OF THE NIGERIAN CAPITAL MARKET

(A CASE STUDY OF THE NIGERIAN STOCK EXCHANGE KADUNA BRANCH

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ABSTRACT

The capital market has an important contribution make in terms of mobilization of savings to profitable self liquidating investment. An analysis of the Nigeria capital market is the subject of this research because effective capital market can offer several advantages to governments and private sector. This project is designed to analyze the problems and prospects of the capital market, this is because it is from the capital market that funds were raised to finance most of the investment in premises, buildings productions, plant and machinery of the private sector in Nigeria. Nevertheless the result of this project shows that the Nigeria capital market has contributed immensely towards providing short–term and long capital for government and private companies for the economic growth of Nigeria. It also assist investors, to have great confidence in funding big project. Finally, for the capital market to enable operational efficiency and attract more investors, it depend largely on the extent to which the capital market adapts fast hanging world information through the use of internet, E-mail, E-Commerce and effective telecommunication like the telephone, locally and (internationally) GSM and etc.

 

TABLE OF CONTENTS

 

Title page- –       –       –       –       –       –       —             –       –       i

Declaration       –       –       –       –       –       –       –       –       –       ii

Approval   –       –       –       –       –       –       –       –       –       –       iii

Dedication         –       –       –       –       –       –       –       –       –       iv

Acknowledgement     –       –       –       –       –       –       –       –       v

Abstract    –       –       –       –       –       –       –       –       –       –       vii

Table of contents-      –       –       –       –       –       –       –       –       viii

 

CHAPTER ONEIntroduction

1.1    Background of the study   –       –       –       –       –       –       1

1.2    History background of Nigerian Stock Exchanged

Market in Nigeria       –       –       –       –       –       –       –       3

1.3    Objective of the study –      –       –       –       –       –       –       8

1.4    Statement of General Problems- –       –       –       –       9

1.5    Background of the Subject Matter      –       –       –       –       10

1.6    Rational for the study-       —      –       –       –       –       –       11

1.7    Scope of the study     –       –       –       –       –       –       –       12

1.8    Statement of hypothesis–  –       –       –       –       –       –       12

1.9    Definition of terms    –       –       –       –       –       –       –       13

 

CHAPTER TWOReview related literature

  1. Introduction      –       –       –       –       –       –       –       –       14
  2. The Nigerian securities and Exchange Commission     –       17
  3. Evaluation Stock Exchange Commission Activities in

Nigeria      –       –       –       –       –       –       –       –       –       19

  1. The role of the capital market    –       –       –       –       –       21
  2. Ideal environment for efficient capital market     –       –       22
  3. The Nigerian Stock Exchange Operation     –       –       –       23
  4. Trading procedure in Nigeria Stock Exchange     –       –       26
  5. The Issuing Houses practice      –       –       –       –       –       29
  6. The Unit Trust  –       –       –       –       –       –       –       –       34
  7. The Problems of the Nigerian Capital Market      –       –       35

CHAPTER THREE – Research Methodology

3.0    Introduction      –       –       –       –       —      –       –       –       43

3.1    Research approaches used         –       –       –       –       –       43

3.2    Justification for approach used-         –       –       –       –       43

33     Instrument used-      –       –       –       –       –       –       –       44

3.4    Research population and sample size-        –       –       –       45

3.5    Sampling procedure employed   –       –       –       –       –       45

3.6    Justification for sample procedure and sample size-   –       46

3.7    Statistical techniques used in Analysis the data.         –       46

CHAPTER FOUR – Presentation and analysis of Data

4.0    Introduction –   –       –       –       –       –       –       –       –       48

 

CHAPTER FIVE – Summary, Conclusion and Recommendations

  1. Introduction –   –       –       –       –       –       –       –       –       55
  2. Summary of finding           –       –       –       –       –       –       55
  3. Conclusion        –       –       –       –       –       –       –       –       55
  4. Recommendations     –       –       –       –       –       –       –       56

References        –       –       –       –       –       –       –       –       58

 

CHAPTER ONE

INTRODUCTION

1.1    BACKGROUND OF THE STUDY

The capital market as a subsection of financial market, deals in long term and short term, as well as operating stock.  It may not involve the issue of negotiation instrument but, cash flow from operators and direct negotiation or re-capitalization.  These are done through organization such as:

  1. Development Bank, NIDB, NBC
  2. THE Nigerian Stock Exchange
  3. The Issues Houses
  4. The Unit Trust which are largely the government owned and therefore, have their capital subscribed by government.  It also involves Insurance Company which also have their capital issued subscribed direct also have owner i.e. government or private owned.  They Rightly be called the market for direct negotiation long term (NDLF) that is the arm of capital market.

The other arm of capital market is the securities market that deal in the issue of sales of long term securities like the money market.  Securities market involves the lending of money in one form or the other unlike the money market however, the securities trade in long term debt are bonds issue by the government on agency which when bought by individual or institution grants loan to what ever organization that issued it.

It is thus a promissory note or (100) whichever issue promissory to repay at certain date in the future and pay by the buyer as a guaranteed rate of interest.  Among such bonds available in Nigeria capital market are:

  1. The federation of Nigerian First Development Stock 1964, 1969 and 1979.
  2. Cooperate debenture stock:  These are issued by the government whose stock are normally, quested on the stock exchange, are recent one being the CFAO often for subscription of N25 million 12% redeemed debenture stock.

The equities on the other hand are purchase share or stock issued by company or institutions by individual, group or financial intermediaries.  The purchased of share or stock does not become a creditors as the case of bond or under bond issue, rather he became an owner of the company.  The corporation promises nothing in return except through good business management, it increase its earning which allow the purchased (now an owner) to earn in dividends.

The equities on the other hands are purchased shares and stock issued by a company or institution by an individual.  The equity can be in form of shares (offer for subscription) as the case was first issued in the Nigeria in February 1959 when the Nigeria Cement Company Limited.  (Niger Cement) made a public offer of N100.00 N2 per value share at April, 1960.

The securities market can be newly issued securities board, or equities that primary segment of the capital market or in securities that have already been issued.  That is the secondary market for outstanding securities that has also been issued.

1.2   HISTORICAL BACKGROUND NIGERIAN STOCK          EXCHANGE       MARKET

The Nigerian Stock Exchange (NSE) was established in 1960, and currently has some 283 listed companies with a total market capitalization as at March 09, 2007

THE EVALUATION OF THE CHALLENGES AND PROSPECTS OF HUMAN CAPITAL MANAGEMENT IN HOME FRESH YOGHOURT LTD

THE EVALUATION OF THE CHALLENGES AND PROSPECTS OF HUMAN CAPITAL MANAGEMENT IN HOME FRESH YOGHOURT LTD KADUNA

 

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Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

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ABSTRACT
Research work examines evolution of the challenges and prospects of human capital management in farm fresh yoghurt Kaduna. After the research was conducted questionnaire were the principal instrument used in the study for data collection. The total population for the study work was 40 with the sample of 36. The data collections were analyzed in form of table and percentage. The study revealed that motivation is responsible for effective performance in Home fresh yoghurt. The study also recommends the organization should try to pay staffs all in order to avoid job dissatisfaction; management should give more attention to promote staff emerging and encourage them to work.

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Managing human resource in an organization is both complex and challenging, the human element is considered as most crucial in the attainment of any organization objectives. Thus considerable attention should be given to human resources management bearing in mind that the quality of personnel in any organization is a means to an end, therefore, it will be right to say that man is the most valuable asset in an organization, though difficult to obtain, develop, motivate and retain amongst an organization assets.
Human resource management, like financial management and material are concerned with the utilization of resource to help achieve organization objectives, it does so by ensuring that the required human resources is available when needed and sued efficiently. Human being are very complex and because of their complexity, organization have tried to see that they are managed adequately over the last decade.. Human resource management have played a very great role in development and improvement of business enterprises at all level which include small scale, medium and large scale enterprises it has helped over the year in shaping or building the workability of organization resources which include labour (man power) machine utilization and effective use of funds.
However, most small scale enterprises faces lots of challenges in the time past, problems such as lack of proper record keeping, mismanagement of funds, lack of time management and many more but with the application or introduction of human resources management all these problems have been eradicated this is as a result of proper training and development, research, good recruitment process or recruitment of capable worker etc. therefore, the role of human capital on small scale enterprises can be over emphasis in our societies today.

1.2 STATEMENT OF THE PROBLEM
Small and medium enterprises (SMEs) in Nigeria have not performed creditably well and hence have not played the expected vital and vibrant role in the economic growth and development of Nigeria. This situation has been of great concern to the government, citizens. Operators, practitioners and the organized private sector group. Every year the government at Federal State and even local levels through budgetary allocations policies and pronouncements have shown interest in the sectors, and made attempts to energize it. This is not to talk of the various
grants both from within and outside the country as well as institutional supports created to help it grow. Despite these efforts geared towards making this sub-sector vibrant, the performances has fallen short of expectation. It is on record that most small and medium scale enterprises in Nigeria die before their third birthday (Owoseni, 2010). This seems to be the case with the Home Fresh Yoghourt in Kaduna, as other yoghourts, which when newly introduced are ubiquitous in the city, but gradually become obscure before the third year of existence.

In great and developed economies, SME’s account for as high as 64% of industrial employment, but in the case of Nigeria it has been estimated to be below 31%. This level of contribution is rather disturbing considering the high degree of unemployment rate in Nigeria as well as the poverty level. In a normal circumstance, it is expected that a smooth transition would occur from small and medium scale enterprises, where employees would be in thousands. This is what is expected of the Home Fresh Yoghourt. However, despite its years of existence, it has not gone beyond the small scale enterprise with which it started. It is not quoted on the stock market neither is it listed among the vibrant SMEs in Nigeria.
As mentioned by Onugu (2005). One of the vital factors that could be responsible for the disable performance of SMEs in Nigeria is lack of adequate human resources management could the low level performance of Home Fresh Yoghourt be due to poor human resource management. This is what this project set out to ascertain.

CRISIS MANAGEMENT IN BANKING INDUSTRY

CRISIS MANAGEMENT IN BANKING INDUSTRY

 

 

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COMPLETE PROJECT  MATERIAL COST 2500 NAIRA OR $10 , WITH THE SOFTWARE 30,000 NAIRA

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

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MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
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Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

Note:  We accept bank transfer, ATM cash transfer , Online payment using your ATM , Western union bank transfer.  We will respond to you anytime of the day. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

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ABSTRACT

In summary the aim of conducting this research is to investigate into some problems that are in existence in the banking industry and to suggest possible solution towards adveving crisis free banking, in Nigeria according the cuts which constitute crisis are insxhaustible but prominent among them in forgery and loss of public confidence due to the management attitude. Fowever untrained staff and those bank staff who now occupy position in the bank contribute more of distress which leads to banking crisis

CHAPTER ONE
1.1 Statement of the problem
1.2 Reason for the study
1.3 Significance of the study
1.4 Definition of terms

CHAPTER TWO
LITERATURE REVIEW
2.1 The meaning of crisis
2.2 General causes of banking crisis
2.3 Characteristics of distress bank identification
2.4 Summary of related literature

CHAPTER THREE
3.0 Hypothesis, methodology of study, sources of data and limitations of the study
3.1 Hypotheses
3.2 Methodology of study
3.3 Sources of data
3.4 Limitation of the study

CHAPTER FOUR
4.0 Data presentation, analysis and discussion of the result of the analysis
4.1 Presentation of data
4.2 Analysis of data
4.3 Discussion of result

CHAPTER FIVE
5.0 Summary, conclusion and suggestion
5.1 Summary
5.2 Conclusion
5.3 Suggestion
CHAPTER ONE

INTRODUCTION
1.1 STATEMENT OF THE PROBLEM
In the light of the vital role which banks should play in developing the rational economy in their capacity as vectors of fund for savings investment and employment opportunities. It will be expendient to point out that Nigerian banking system in all its advancement has not succeeded yet in affectively achieving this mission
The reason is not just one of the facts that some banks have failed but there are other problems associated with them that the researcher seeks to address these problems include:
– The loss of public confidence in the banking industry due to the crisis in the sector (Ekezie 1994).
– The short comings of the regulatory supervisory authorities in banding the crisis (Eh bokphA 1993)
– How the ownership structure of distressed bank contributed to their predicament (Ojir 1998).
There are numerous problems that have arisen and which constitute crisis in the banking industry and this work will attempt to solve them.

CRISIS MANAGEMENT IN BANKING INDUSTRY
1.2 REASON FOR THE STUDY
Crisis in banking industry is a serious problem which like a public dropped into a pool of a pool of water affects every aspect of the economy.

1. It has led to deposite ran: This affects adversely the liquidity and earning capacity of the banks and consequently resulting to decline in availability of inventible funds in the economy.
2. It has led to increase in rates as depositors ask of higher rates to return for perceived higher changes of bank failure and conseguem risk of financial loss.
3. crises in the banking industry has led to unemployment which leads to fall in
aggregate demand and consequently a reduction in the production level.
4. Banks are central to an efficient and effective payments system in any country with bank failure the payments system would become precarious, as link between the real and financial sector including international settlements, would be greatly impaired this would inhibit the intermediation role of bank and the development of the country (Ojir 1998). This research work will help the management of banks to manage effectively and efficient.

CRISIS MANAGEMENT IN BANKING INDUSTRY
1.3 SIGNIFICANT OF THE STUDY
The researcher hopes to achieve a great thing at the end of the study. This project will help many that are interested in the banking it will also help them to do the causes of crisis, how it can be immense benefit to the following people.
1. Scholar in the field of banking and finance:
It will enlighten the students and afford them the opportunity of appreciating the contribution to wards their study.
2. Bank: It is of great benefit to banks when they notice fraud or poor loan management which leads to distress, they will try to prevent it to avoid liquidation.
3. Future Researchers: It will serve as a companion to future researchers who are interested on cause of distress economic implications and possible remedies.
4. Investor: It will help them to know that distress exist in banks by so doing they will be careful not to invest in banks were there is problem of distress.
5. Officials of regulatory agencies: It will help the officials of regulatory agencies to know how to prevent distress from happening.

THE ROLE OF BANKS IN INDUSTRIAL DEVELOPMENT OF NIGERIA

THE ROLE OF BANKS IN INDUSTRIAL DEVELOPMENT OF NIGERIA

 

Click here to download our android mobile app to your phone  for more materials and others

COMPLETE PROJECT  MATERIAL COST 2500 NAIRA OR $10 , WITH THE SOFTWARE 30,000 NAIRA

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

Note:  We accept bank transfer, ATM cash transfer , Online payment using your ATM , Western union bank transfer.  We will respond to you anytime of the day. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

ABSTRACT
This research work tries to give an insight into the issue of the role of Banks in industrial development of Nigeria. Since 1982 when the petrol Naira started flowing. The project work is aimed at analyzing and ensuring a diversified economy, industrialization also accelerates the economic development of a country, which sound a policy that will keep the nation’s economy.
This is work is organized into five chapter
Chapter one deals with the introduction, Background, statement of problem, purpose of study, significance of the study, limitation and definition of terms.
Chapter two involves a review of some related literature the for industrialization, the need to improve compettileness, the need to improve operational capacity, and problems of industrialists and industrialization.
Chapter three treat the Research the signed and method of collection, source of data used and location of data.
Chapter four deals with the summary of finding, low work is observed, and finally the last chapter, which contain the Recommendation, conclusion and Bibliography which end the this project.

TABLE OF CONTENT

CHAPTER ONE
1.0 INTRODUCTION 7
1.1 BACKGROUND 7
1.2 PURPOSE OF THE STUDY 11
1.3 STATEMENT OF THE PROBLEM 11
1.4 SIGNIFICANCE OF THE STUDY 12
1.5 LIMITATION OF THE STUDY 12
1.6 DEFINITION OF TERMS 13
REFERENCE

CHAPTER T WO
2.0 REVIEW OF RELATED LITERATURE 17
2.1 THE NEED FOR INDUSTRIALIZATION 17
2.2 THE NEED FOR BANKS INVOLVEMENT
IN INDUSTRIALIZATION 24
2.3 THE NEED TO IMPROVE COMPETITIONS 28
2.4 THE NEED TO IMPROVE OPERATIONAL CAPACITY 28
2.5 THE PROBLEM OF INDUSTRIALIZATION AND
INDUSTRIALIZES 30
REFERENCE
3.0 RESEARCH DESIGN AND METHODOLOGY 37
3.1 SOURCE OF DATA 37
3.2 LOCATION OF DATA 38
3.3 METHOD OF DATA COLLECTION 38
REFERENCE

CHAPTER FOUR
4.1 SUMMARY OF FINDING 41
REFERENCE

5.1 RECOMMENDATION 45
5.2 CONCLUSIONS 47
5.3 BIBLIOGRAPHY 49

CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND
Nigeria, since the oil boom in the early 80’s has been a victim of a monolithic economy and since then has been enjoying the so-called petrol Naira without adequately evolving a sound policy that will keep the nation’s economy in a firm foundation of steady growth.
Though the country recognized the importance of industrialization as far back as 1982 yet when the petrol naira started flowing in, we were blind folded as to ignore the importance of establishing industries to diversify the economy. Now the petrol naira is no more and the future out look is bleak, the need for a diversified economy became the subject matter of many government policies and action.
This leads us to one for the ways for solving the problem, and that is industrialization. Apart from ensuring a diversified economy, industrialization also accelerates the economy, industrialization also accelerates the economic development of a country. Infact the basic premise is that if a country wishes

to accelerate the over all rate of growth of G.N.P and this has to be reflected in an increasing dominating role of manufacturing industry in the total economy.
This also emphasizing on the role which banks plays in order to improve the growth of industries in Nigeria by explicable manifesting ho w the roles banks can be employed for the growth and development of industries. It also emphasizes on the role in which banks play in the industrial development of Nigeria as it could be seen through the sustenance of industrialization in the country.
More so, industrialization ensures export expansion and import contraction coupled with the fact that it stimulates foreign exchange earrings, international recognition an the provision of employment opportunities for the teeming population.
Industrialization has been proved beyond doubts as very important for a nation’s survival therefore it is pertinent that we explicable manifest how the role of banks an be employed for the development of these industries though the country recognized the importance of industrialization as far back as 1964 yet when the “petrol Naira” started flowing in, they were blind folded as to ignore the importance of establishing industries to ensurear diversified economy.
Also the banks provide overdrafts facilities, which are necessary to finance the working capital of the business. An over draft could be defined as arrangement whereby the banks allow the customer to overdraw his account up to a credit position at the end of the period. Apart from granting loans and over draft facilities there are other roles which includes professional advice, reasing and factoring, also extend into invoice discounting hire purchase, bill discounting hire purchase, bill discounting service and above all the determination of the actual external funds required by a borrow these are accepts of such services which help industrialization grow or expand sight should not e lost of the fact that industrialists and industrialization suffer thri own problems, which should be analyzed ans solved to ensure industrial development.
These problems of obtaining capital from banks and operational problems are caused by the dictates of the Nigeria environment and society. It has been noticed that the level of banks industrial financing has been very poor compared with what obtains in industrialized nations such as Germany, Untied states of America, V.S.S.R and t he united kingdom to mention but a
few. The central bank of Nigeria should step up their moral suasion policy so or make these banks especially the commercial Bank to increase the level of their financing emphasis should be placed on medium long term loans so as enable the industries concretized their form of outputs with the funds available from the banks, the industrialists should be made to judiciously invest them with other important of sound firm and concerete foundation must have been laid for the industrial development of the country,
Banking industrial, the food processing industry the sugar processing industry the tobacco manufacing industry e.t.c.

1.2 PURPOSE OF THE STUDY
(a) To analyze the role of banking industries
(b) To example the need for industrialization
(c) To trace the diversification of Economic development
(d) To have a look with export expansion and import contraction
(e) To stimulate of foreign exchange earrings and international recognition.
(f) To find the need for Banks involument in ind