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THE ROLE OF BANKS IN INDUSTRIAL DEVELOPMENT OF NIGERIA

                                                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

TITLE PAGE                                                                                    i        

APPROVAL PAGE                                                                          ii

DEDICATION                                                                                  iii

ACKNOWLEDGEMENT                                                                 iv

ABSTRACT                                                                                     v

TABLE OF CONTENT                                                                    vi

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 TWO

2.0     REVIEW OF RELATED LITERATURE                                17

2.1     THE NEED FOR INDUSTRIALIZATION                                       17

1. 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. 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