Effects of High Bank Lending Rates on the Manufacturing Sector of the Nigerian Economy

Effects of High Bank Lending Rates on the Manufacturing Sector of the Nigerian Economy

Project / Seminar Material
Reference ID: PS-11435-TM

DEDICATION

This research material titled “Effects of High Bank Lending Rates on the Manufacturing Sector of the Nigerian Economy” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Banking and Finance (BF), Book Authors and Profound Scholars of existing or related project material on “Effects of High Bank Lending Rates on the Manufacturing Sector of the Nigerian Economy” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    The manufacturing sector of the economy is the most important sector and for obvious reasons it is affected by the unprecedented increase of banks high lending rate to borrowers. To appraise the effect of this situation prompted this study so as to provide theoretical and empirical evidence on the effect of high bank lending rate on the manufacturing sector of the Nigerian economy. Also, to determine the manufacturing sectors capacity, product pricing and sectors profitability. Questionnaires were designed and distributed to elicit information from the sample population; also, data were gotten through primary and secondary sources. These data collected were presented and analyzed by means of tables and percentages.

    The hypothesis adduced was tested using such tools as chi-square. Results have shown that the manufacturing sector has been constrained due to the inadequate funding culture of Nigerian banks and banks no longer want to lend on a long term basis, even when they lend, it is at cut-throat and high interest rates. Therefore, banks who are the ultimate source of bank loan should realize that, manufacturers are quality customers and bank rate should be a dialogue between the two sectors so that the manufacturing sector could survive and interest rates need periodical adjustments so that there would be increase in the level of investment.


    Effects of High Bank Lending Rates on the Manufacturing Sector of the Nigerian Economy

    CHAPTER ONE

    1.1 Introduction

    … As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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