Prominent among the obstacles facing the performance of manufacturing sector in Nigeria is the lack of effectively bank credits to the manufacturing sector of the economy.
The banks especially the commercial ones have not been contributing effectively to the output of manufacturing sector of the economy.
This study takes into cognizance the problems of manufacturing sector in Nigeria. Beside; it looks into the various economic effects of inefficiency of bank credits to the manufacturing sector in Nigeria over the period of 1981 − 2004, using the Nigeria data set. The study employed the ordinary least square regression method.
Above all, this project examines the earlier interventionist efforts by the CBN toward achieving a stable and low interest rate on the credits from the commercial banks to the manufacturing sectors in the economy and finally resolved to give useful recommendations on ways to improve upon the performance of the bank credits to the manufacturing sector in the economy.
