This page presents an excerpt of the available research material, including the Preliminary Pages, Table of Contents, Abstract, Chapters One to Five, and References. It provides a comprehensive overview of the study, enhancing readability and accessibility for students, and researchers seeking complete material on the topic stated above.
I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Impact of Bank Credits on the Performance of the Manufacturing Sector in Nigeria provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.
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.
Introduction
1.1 Background To The Study
Manufacturing sector plays a catalytic role in a modern economy and has many dynamic benefits crucial for economic transformation. In a typical advanced Country, the manufacturing sector is a leading sector in many respects. It is an avenue for increasing productivity related to import replacement and export expansion, creating foreign exchange earning capacity; and raising employment and per capital income which causes unique consumption patterns. Furthermore, it creates investment capital at a faster rate than any other sector of the economy while promoting wider and more effective linkages among different sectors.
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