This project is seriously discussing the function and the role of which the community bank played in Economic development in Nigeria.
The project is specifically subdivided in to three major chapters.
These chapters bell the roles and subdivided the role of which they played. For instance the chapter one discuss the introduction and background of his story which discuss about the history of community bank and how the community banks are being operated.
Chapter two continues with the related review and defunction of the bank. In this chapter the objectives of the community banks were also discussed, infact the different between the community bank and peoples bank were also expanciated upon.
The chapter three discusses about the summary of findings, the conclusion and recommendations were also discussed.
All these mention are discussed in this project and widely expanciated.
Scriptural looking into the Bible when God created Man, He left man with a divine injunction as rewarded in the Holy Scripture, which Says, be fruitful and multiply and replenish the earth and subdue it, and have dominion over the fish of the sea and of the air.
And every living thing that moves upon the earth (Genesis 1.28) was the command. The wheel of change has been rolling on throughout the entire world transforming virgin lands, desert, ocean and sea to economic advantage of Man. Nigeria was unknown then.
The first step in the British acquisition in Nigeria Ondon who later becomewas the annexation of Lagos in 1861. This marked the first step taken by the British Government in the 19th century to acquires economic and political domination over the people of Nigeria.
The Hunder land of Nigeria north of Lokaja was being administered on behalf of the British by a Government had declared a protectorate over areas cleared by the land company in 1887. Then on January 1990, it took over direct administration of the area from the Royal Niger Company and named it the protectorate of Northern Nigeria with Lugard as its first High Commissioner. This great political unit was christened “Nigeria” in 1990 by “Floral Show” Forum colonial correspondent of the times of London who later become Lugards Wife (Onwubike 1973). Lastly the two separate Government in the colony and the defectorate of southern Nigeria and the protectorate of Northern Nigeria were alonagated as the colony and protectorate of Nigeria on January 7 St 1914, Lugard became the Nigeria first Governor General. He continued in the March towards development in every fact of life as a new emerging nation. In the West African region and by October 1st 1960, Nigeria was further granted with a follow- up step by its political freedom and emancipation when she was granted an independent status. She was also granted the Republican status in 1963.
Furthermore, the plans for the growth and development of Nigeria was granted in one year 1970 – 1974 but was extended to one year 1975 in the third month and experienced a lot of problems. Recovery from one civil war displayed one implementation of some project. The fund that were anticipated were not forth coming and there was a lack of technical partners needed to carryout some aspect of the plan (Anderson 1976). Also came the third development plan. The plan covered a period of 5 years consecutively 1975 – 1980. The principal long – run objectives are similar to those of the proceedings past independent plans.
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