DEREGULATION POLICY AND ITS IMPACT ON THE NIGERIAN BANKING INDUSTRY
DEREGULATION POLICY AND ITS IMPACT ON THE NIGERIAN BANKING INDUSTRY
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Date
2000
Authors
MAHMOUD, YAKUBU MOHAMMED
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Abstract
The banking sector, by its nature of activities is the
most heavily regulated sector in most economies. It is
based on this criteria that the success of Nigeria's
experiment with economic deregulation's must inevitably
be assessed
The efficient functioning of an economy is to a great
extent the responsibility of the banking industry. In
this respect the rapid development of the Nigerian
economy depends mainly on the depth of involvement of the
Banking Industry. Following from the need for efficient
functioning of the economy, the Central Bank decided to
Deregulate the Financial Sector particularly the Banking
System.
Deregulating the financial system particularly Banking is
therefore an attempt to bring out the much desired
development. This will broaden the monetary base and
encourage competition in the Industry. This will bring
about better quality service to customers and will also
encourage Banking habit among the populace. This has
greatly encouraged the researcher to write on the topic.
"Deregulation Policy and its Impact on the Nigeria
Banking Industry.
Deregulating the economy through the Banking sector will
go a long way in developing an efficient money market
thereby improving the payment system in the economy. In
fact, the Deregulation Policy has improved the level of
awareness of activities of Banks among Nigerians.
The researcher also this to give an insight into the
regulatory policies of the Government and why they are
necessary. What are their disadvantages.
The researcher used both Secondary and Primary sources of
data in conducting his study.
Finally, suggestion and recommendations are made with
regard to the ways of ensuring optimum results from the
Deregulation Policy.
Description
A RESEARCH PROJECT PRESENTED TO THE
DEPARTMENT OF BUSINESS ADMINISTRATION,
AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL
FULFILMENT OF THE REQUIREMENTS FOR THE AWARD
OF MASTERS DEGREE IN BUSINESS ADMINISTRATION.
Keywords
DEREGULATION,, POLICY,, NIGERIAN BANKING INDUSTRY