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PROBLEMS AND ACHIEVEMENT OF HUMAN RESOURCES MANAGEMENT. A CAE STUDY OF FEDERAL MORTGAGE BANK ENUGU

                          

 

   ABSTRACT

Human resources management is a wide area of management full of controversies. It is one of the most delicate function as it deals with proper engagement of the human factor in the work place, his behavior, goals and aspiration.

This research work is based in area concerning delegation, workers motivation, job design existence and proper understanding of informal groups within the organization.

No man could be an island to himself, as man is a social being that interact, influence and is influenced by actions and decisions of other. Human resource management involves a good deader, conducive work environment and a good job to produce a motivated employee. A result oriented approach to employee relation require management skills in identifying problems, setting priorities and developing evaluating alternative, as well as the ability to communicate, initiate action, implement it, measure it, control it and change. Its course as when necessary.

This research work is limited to Enugu, branch of the federal mortgage Bank of Nigeria. It is hoped to be of immense assistance to other students, members of the public, management of federal mortgage Bank of Nigeria and its workers and other organization in the same field.

 

         CHAPTER ONE

1.0    INTRODUCTON

1. GENERAL BACKGROUND TO THE SUBJECT MATTER

 

The federal mortgage Bank of Nigeria (FMBN) was established in 1977, as a fully owned federal Government Housing Development finance Agency, under the federal mortgage Bank Act n0 7 of 1977. this followed the dissolution of the Nigeria Building society (NBS) whole assets and inabilities the federal mortgage Bank took over.

The authorized capital at the time the federal mortgage Bank of Nigeria (FMBN) was established in 1977 was = N = 20 million. The quiche firm of Boson (management consultants) was contracted by the federal Government to supervise the take off of the new bank for a 3-year period from 1977. with the exit of the outch management consultants in July 1980, the management operations of the Bank became wholly indigenous. 

There was also a change in the authorized share capital and ownership structure of the Bank at the same time.