GOVERNMENT AND INDUSTRIAL DEVELOPMENT FINANCING IN NIGERIA (1976-84) (THE CASE OF NIGER STATE)
GOVERNMENT AND INDUSTRIAL DEVELOPMENT FINANCING IN NIGERIA (1976-84) (THE CASE OF NIGER STATE)
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Date
1984-09
Authors
IDRIS, Aliyu K.
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Abstract
Industrial development finance institutions in
Nigeria are basically established to finance promotion
of specific projects particularly the ones which can
not easily be financed by small privately owned
institutions. They (development finance institutions)
prove to be industrial development machinery in
Nigeria and elsewhere. Governments, world over through
the aid of industrial development finance institutions
are therefore focusing efforts towards accelerating
and increasing industrial activities in their countries
of origin as these activities are considered to be the
basis for achieving an improved living standard.
Dancing to the same tune moreover Nigeria, Niger State
in particular has been earmarking substantial amounts
for the purpose during her development plan periods.
Despite her numerous industrialization efforts
however, Niger State is still found to oe one of the
least industrialized States in the country. The prime
intent of this research therefore is to critically
assess the Niger State Government efforts in this
direction with a view to surfacing with some
inhibiting factors Various research methods
including among others Interviewing and sampling
were employed to achieve this end. Analysis of
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research findings depicts that reductionism,
rigidity and procrastination that characterised
the State Government various functionaries are
part of the factors inhibiting rapid industrial
development in the State.
The report hitherto attempts some basic
recommendations for the improvement of the
situation in the Stats. The recommendations
broadly include among others:-
(a) Provision of general industrial incentives
in the State;
(b) Educating and demonstrating to the
industrialists in the State the techniques
of investments;
(c) Reviewing of the government current land
rents and fees;
(d) Setting-up of a bank essentially for the
financing of industrial ventures in the
State.
Description
A project submitted to the Postgraduate
School, Ahmadu Bello University in partial
fulfillment of the requirements for the award
of Degree of Master of Business Administration
(MBA).
Department of Business Administration
Faculty of Administration
Ahmadu Bello University
Zaria.
OCTOBER, 1984.
Keywords
GOVERNMENT,, INDUSTRIAL,, DEVELOPMENT,, FINANCING,, NIGERIA, (1976-84), CASE,, NIGER STATE