INTRODUCTION
1.1 BACKGROUND OF STUDY
A country wealth development and advancement by its level of industrialization, a country becomes famous among other countries of the world when it has been able to attain to a remarkable degree in industrialization. In view of the above we have deemed it necessary to embark on a research project on “Banks participation in industrial development of Nigeria. This is an attempt and effort to draw the mind of every Nigeria to ask himself certain silent questions like.
1.2 STATEMENT OF PROBLEM
How far has our country advanced in industrial development
What are the things necessary for the industrial development of our country?
Why have certain financial bodies not participated fully in the exercise?
If we are able to give answer to these question and if we are able to identify the problem I encountered in the process and also to give solutions to these problem both collectively and individual then, there is hope that within a short time. Our country Nigeria will be able to develop ten times more than it has done in the long past.
A developing country as Nigeria is characterized by a high degree of subsistence products with very limited application of technology. As a result manufacturing industries are relatively low and the agro- based industries are paramount.
Industrialization should apply to all sector of an economy implying the application of science and technology to raise the worker, in other words all sectors of the economy (mining, agriculture, manufacturing, industries, commercial service should advance.
1.3 OBJECTIVE OF THE STUDY
Industrialization means the development of industries, applying science and technology in order to provide work for the growing population and raise the standard of living by increasing per capital net income and improve balance, of payment situation. Industrialization is aimed at impact restriction and increasing export.
For our country to attain any degree of industrialization, it must overcome a series of obstacles and difficulties because it has had its development plans disrupted by series of military interventions and civil war. It should be noted that there is no limit to the degree of development a country can attain if and only if its reserves are full y utilized. Whether our country is developed or not depends on the existing level of wealth and material welt are. The measure of development of any country is based on its per capital income. That is dividing net national income by the total population to get capital income.
Nigeria has high rate of population increase but has land still available for agriculture expansion. Its per capital income are as a result of its chronic under-utilization of resources rather than substantial utilization. Although Nigeria is now spending on industrial projects, the stage of industrial development is still at its lower level. Nigeria is still developing and so it is per both in income and in capital and its resources are not yet fully tapped. It is therefore most patient to state at the juncture that for nations resources to be fully utilized the aid of science and technology must be sought.
Can't find what you are looking for?
Call (+234) 07030248044.
OTHER SIMILAR BANKING FINANCE PROJECTS AND MATERIALS
A CRITICAL ANALYSIS OF CAUSES AND PROBLEM OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR (A CASE STUDY OF AFEX BANK PLC.)
CHAPTER ONE INTRODUCTION The importance of capital as a necessity though not sufficient condition for economic growth is recognized in development economy where it is believed that the position of ...Continue reading »
A CRITICAL ANALYSIS OF THE USE OF FINANCIAL REPORT IN ASSESSING BANK PERFORMANCE. (A CASE STUDY UNION BANK OF NIGERIA PLC)
CHAPTER ONE INTRUDUCTION BACKGROUND OF STUDY A farmer, who plants corps, expects result, similarly to student who sits for examination expects results. The same 5 also true of an investor. For the ...Continue reading »
A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)
ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »
A CRITICAL APPRAISAL OF CURRENT ASSETS MANAGEMENT IN PUBLIC LIMITED LIABILITY COMPANIES
ABSTRACT This project examined the management of current assets in public Limited Liability Company. It is obvious that no company can perform well without good current asset management. This cares f...Continue reading »
A CRITICAL APPRAISAL OF CURRENT ASSETS MANAGEMENT IN PUBLIC LIMITED LIABILITY COMPANIES
CHAPTER ONE 1.0 INTRUDUCTION: Current assets as one of the management tolls of business organization are very important in the proper function of business and achievement of organizational goal. Cur...Continue reading »
A CRITICAL ASSESSMENT OF THE SURVIVAL STRATEGIES OF DEPOSIT MONEY BANKS IN A DEPRESSED ECONOMY
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigerian economy is faced with national and global economic challenges and as such, the financial institutions, especially the banking sector ha...Continue reading »
What are looking for today?
Format: | Ms Word | ||
Chapters: | 1 - 5 | ||
Pages: | 71 | ||
Attributes: | Questionnaire, Data Analysis,Abstract | ||
Price: | ₦3000 | ||
Get the complete project » |
THE IMPACT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONAL PERFORMANCE
86,523 people found this useful
IMPACT OF E-LEARNING ON THE ACADEMIC PERFORMANCE OF UNDERGRADUATE STUDENTS (A CASE STUDY OF NATIONAL...
66,812 people found this useful
IMPACT OF SOCIAL MEDIA ON CONSUMER BEHAVIOR
59,390 people found this useful
THE EFFECT OF SOCIAL MEDIA ON STUDENTS PERFORMANCE IN LEARNING LISTENING COMPREHENSION
56,510 people found this useful
TAX ADMINISTRATION IN NIGERIA: CHALLENGES AND PROSPECTS, A CASE STUDY OF LAGOS STATE BOARD OF INTERN...
55,318 people found this useful
THE EFFECT OF ADVERTISEMENT ON CONSUMER BRAND PREFERENCE
53,968 people found this useful