THE IMPACT OF FINANCE AND INVESTMENT COMPANIES ON THE ECONOMIC DEVELOPMENT OF NIGERIA: A CASE STUDY OF KADUNA INDUSTRIAL AND FINANCE COMPANY LIMITED
THE IMPACT OF FINANCE AND INVESTMENT COMPANIES ON THE ECONOMIC DEVELOPMENT OF NIGERIA: A CASE STUDY OF KADUNA INDUSTRIAL AND FINANCE COMPANY LIMITED
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Date
1998
Authors
SALIHU, BABAJI ADAMU
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Abstract
This research is on the impact of industrial and finance companies
on economic development in Nigeria using the Kaduna Industrial
and Finance Company, Limited as a case study.
The research examines the activities of the company since its
inception in 1977 as a machinery for economic development. The
financial resources and the criteria applied by the company in
financing viable projects were considered, in order to determine the
extent to which the KIFC has contributed in the establishment or
expansion of business concerns.
The analysis and investigation (i.e. research findings) have revealed
that the KIFC has performed well. However, the following
recommendations were made with a view to improve the
performance of KIFC:
1. The KIFC should embark on wide publicity about its
activities and financial facilities
2. KIFC should have a continuous touch with the Stock
Exchange (market).
3. The financial resources of the Company should be fully
utilised or invested.
4. Improvement in management efficiency, more and proper
staffing.
5. Diversification of securities held.
Description
A THESIS SUBMITTED TO THE POST GRADUATE SCHOOL,
AHMADU BELLO UNIVERSITY, ZAR1A, IN PARTIAL
FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF
THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION
(MBA)
DEPARTMENT OF BUSINESS ADMINISTRATION
FACULTY OF ADMINISTRATION
AHMADU BELLO UNIVERSITY, ZARIA
1998
Keywords
IMPACT,, FINANCE,, INVESTMENT COMPANIES,, ECONOMIC DEVELOPMENT,, NIGERIA, KADUNA INDUSTRIAL AND FINANCE COMPANY LIMITED.