THE IMPACT OF RURAL BANKING AND CREDIT ADMINISTRATION UNDER PEOPLE'S BANK OF NIGERIA
THE IMPACT OF RURAL BANKING AND CREDIT ADMINISTRATION UNDER PEOPLE'S BANK OF NIGERIA
No Thumbnail Available
Date
1996-01
Authors
ASADA, RAYMOND ANTHONY
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
All over the world, particularly in developing countries
with economic crises in-formed by mismanagement or years of
neglect of rural people, governments do adopt various
programmes with varied roads basically desidgned to address
the problems o-f poverty. In Nigeria, the military
government o-f General Ibrahim Babangida which came to power
at the tail end o-f 1985, was confronted with accepting
International Monetary Fund (IMF) loan and its traditional
conditional ities as a way of debt rescheduling, or design a
home made structural adjustment programme. In 1936, with
the consent of majority of Nigerians, Structural Adjustment
Programme (SAP) was adopted.
Regretab1y, SAP brought distortions in Nigerian economy
and consequently aggravated the State of poverty in many
homes. To ameliorate the hardship effects of SAP, People's
Bank was established in 1989, as a Sole provider of credit
facilities to the underprivileged Nigerians. Six year after the
bank was established, the problems of poverty are still
visible. This calls for adequate funding of Peop1e's Bank
by the Federal government with a view to making the bank more
relevant to victims of SAP.
Description
A PROJECT SUBMITTED TO THE POST-GRADUATE SCHOOL,
AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL
FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE
OF MASTER OF BUSINESS ADMINISTRATION (M.B.A)
DEPARTMENT OF BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY,
ZARIA
JANUARY, 1996
Keywords
IMPACT,, RURAL,, BANKING,, CREDIT, ADMINISTRATION,, UNDER,, PEOPLE'S,, BANK,, NIGERIA.