AN APPRAISAL OF THE ACTIVITIES OF DEVELOPMENT BANKS TOWARDS THE ECONOMIC DEVELOPMENT OF NIGERIA. A CASE STUDY OF NIGERIAN AGRICULTURAL AND CO-OPERATIVE BANK (NACB) LIMITED
AN APPRAISAL OF THE ACTIVITIES OF DEVELOPMENT BANKS TOWARDS THE ECONOMIC DEVELOPMENT OF NIGERIA. A CASE STUDY OF NIGERIAN AGRICULTURAL AND CO-OPERATIVE BANK (NACB) LIMITED
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Date
1992-11
Authors
AKPELAN, VINCENT TERHEMBA
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Abstract
"AN APPRAISAL OF THE ACTIVITIES OF DEVELOPMENT BANKS
TOWARDS THE ECONOMIC DEVELOPMENT OF NIGERIA. A
CASE STUDY OF NIGERIAN AGRICULTURAL AND CO-OPERATIVE
BANK LIMITED".
This research work is mainly
concerned with determinining to what extent the
activities of Development Banks have contributed
to the economic development of Nigeria. In this light,
the project is concerned with such important issues as,
the basic motive for the establishment of these
specialist financial institutions in Nigeria. Other
important issues covered are determining whether the
activities of the Development Banks are actually geared
towards achieving the role for which they were established
and, the sectors of the economy covered by these Banks.
These aspects are contained in the first and second
chapters of the research report.
Also, the medium or method through which these
Banks contribute to the nation's economic development
is looked into and, an attempt is made to ascertain
the effectiveness of these methods in aiding the
accomplishment of the Banks' objectives. Lastly,
but not tl)e least, problems, if any, hindering the
BanksS from effective operations were explored for
possible solutions. Theso aspects are covered
in the last three chapters-of the write-up.
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The Nigerian Agricultural and Co-operative Bank
NACB) Limited is selected from the five Development
Banks as a case study. The activities of the Bank is
evaluated from its inception (1973) to 1991.
Findings drawn from the study indicate that, the
specialist financial institutions were established
primarily to enhance the pace of economic development
of the nation and, the main method of achieving this
objective is through the provision of medium and long
term loans for implementation of viable and development
oriented projects.
In addition, the findings indicate that not all
important sectors of the economy are being served
by the Banks and; most importantly NACB chosen as a
case study has made reasonable contributions to the
level of economic development of the country. However, the
Bank has some problemSthat constrain it from effectively
achieving the objectives for which it was established.
Thus, recommendations are proffered as possible
solutions to enhance the performance of the Bank.
Description
BEING A PROJECT PRESENTED TO THE POST-GRADUATE SCHOOL OF
AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILLMENT OF
THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER
OF BUSINESS ADMINISTRATION (MBA)
DEPARTMENT OP BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY
ZARIA
NIGERIA
NOVEMBER 1992.
Keywords
APPRAISAL,, ACTIVITIES,, DEVELOPMENT,, BANKS,, ECONOMIC DEVELOPMENT,, NIGERIA, AGRICULTURAL,, CO-OPERATIVE,, (NACB) LIMITED.