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The Role of African Development Bank in Nigeria Economic Development

The Role of African Development Bank in Nigeria Economic Development

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DEDICATION

This research material, titled “The Role of African Development Bank in Nigeria Economic Development” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.




ACKNOWLEDGEMENT

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 Accountancy / Accounting for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Role of African Development Bank in Nigeria Economic Development 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.




PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    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 urgent need to establish a financial institution that will carter for the development of various sector of the African economy brought about the emergence of the African development bank. Also when the African government realized that the central bank are commercial banks could not provide bring financial developmental services, the development banks were specially established to bring the gap.

    The objective of the research is to appraise the activities of ADB and highlight the efforts that ADB plays in acceleratory the economic development in Nigeria and African in general.

    The study examined the banking history the evaluation of mechanism of credit from the civilization of antiquity to its organization as in banking toclary was examined.

    Thus the researcher recommends among others that capital of the bank be increased by regional members and should cease from tending to countries who persistently refuse to pay their debt.



    The Role of African Development Bank in Nigeria Economic Development


    1.0 Introduction

    Economics development has always constructed a major concern of most of government in both development and developing countries.

    In achieving this economic development, the setting up of financial institution is always the first step to be taken having recognized the importance of finance in economic development.

    The mainstream business of banking enterprise retune banking and practiced by specialist institutions. While these categories of banks share a common role of facilitating the mobilizational conversion of resource into invertible funds they differ in their economic objective and investment policies. Where as the commercial and merchant banks are propelled and sustained in the investment activities in the drive towards profit maximization for the benefit of a social subgroup comprising shareholders, worker creditors and associated interest.


    1.2 The Objective Of Study

    The sole aim of this study is an extensive research into the whole system the bank (ADB) in order to identity the constraints to optional operation the bank and to recommend solution to it.

    1. To appraisal if the activities of ADB and highlight the effort that it play in accelerating the economic development of African countries.
    2. What recommendations could be made in order to enable the bank to better meet its mandate.
    3. What are problems facing the bank
    4. What are the performed by ADB in order to accelerate the pace of African development in Africa:

    1.3 Significance Of The Study

    The dominance of the banking industry in the financial system and relative importance to the health of the economy dictate that any issue that is at the lone of its survival is very significant and must be given the due attention its deserves,

    The study will to agent event contributed to the existing knowledge about a role development banking is performing and the role the ADB is performing in order to accelerate the economic development of Nigeria and Africa.

    This study is also important because if will help the banks management to take measures that will attempt to make the ADB more solid to meet its mandate.


    1.5 Definitions Of Terms


    ADB:

    African development bank.


    NEXIM:

    The Nigeria export import bank


    NIDB:

    The Nigeria Industrial development bank.


    NERFUND:

    The National economic reconstruction fund.


    RCMS:

    Regional members countries.


    N.T.E:

    Nigeria trust fund.


    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 conceputal review, theoretical framework, the review of related literature …

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    In preparation for defending a project or seminar on The Role of African Development Bank in Nigeria Economic Development, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.


    Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.


    Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.


    During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.


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