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FACTORS RESPONSIBLE FOR LOW PRODUCTIVITY OF NIGERIA WORKERS

ANALYSIS OF FACTORS RESPONSIBLE FOR LOW PRODUCTIVITY OF NIGERIA WORKERS IN THE PRIVATE SECTOR

(A CASE STUDY OF NBL 9TH MILE CORNERS NGWO)

 

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ABSTRACT

          The research on the factors responsible for low-productivity of Nigeria workers in the private sector with particular reference to Nigeria Breweries 9th mile corners Ngwo Enugu State was intended to determine how to increase productivity in Nigerian economy. In conducting the research reference was made to related literature.  Questionnaires were also used for collection of data for the study. Other forms of data collection were also used e.g. personal observation and consultation of textbooks. It was not all that easy, so there were some limitations which in one way or the other affected the findings of the research.

Tables were used to present, analyze and interpret the data. At the end, findings based on the data and other consultations revealed that, factors like breakdown of machine and equipment, poor management, high rate of labour turnover and lack of production goal cause low productivity .

Recommendations and conclusions were made based on the findings in order to help solve this problem of low-productivity in Nigeria workers.

TABLE OF CONTENTS

 

CHAPTER ONE

INTRODUCTION

1.1     Background of the Study

1.2     Statement of the Problem

1.3     Purpose of the Study

1.4     Significance of the Study

1.5     Scope /Limitations of the Study

1.6     Research Questions

References

CHAPTER TWO

2.0     LITERATURE REVIEW

2.1     Meaning and Nature of Productivity

2.2     Origin of Low Productivity in Nigeria

2.3     Review of Related Literature

CHAPTER THREE

3.0     Research Design and Methodology

3.1     Research Design

3.2     Area of the Study

3.3     Population of the Study

3.4     Sample and Sampling Technique

3.5     Validation /Reliability of Instrument

3.6     Method of Collection

References

CHAPTER FOUR

4.0     Presentation and Analysis of Data

4.1     Presentation of Data

4.2     Interpretation of Data

References

CHAPTER FIVE

5.0     Discussion of Results and Findings

5.1     Findings

5.2     Conclusions

5.3     Implications of the Findings/ Recommendation

References

          Bibliography
CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

The issue of low productivity of Nigeria workers has in recent years been a matter of grate concern to the nation. The rate at which productivity grows is influenced by two things: –

(i)      The rate of society’s demand and the rate of inflation.

Increased productivity is very vital for the health of the country because it will help to improve the conditions of the environment, enhance security and improve the standard and quality of life of the citizens. This is why David Ricada in his study of population said that food needs to grow at a geometrical rate in order to meet the demand of the growing population. This emphasizes the need for increased productivity.

Yesufu T.M. (1962) was of the view that productivity can be defined as the ratio between output and all the resources used in production i.e. capital, labour, raw materials etc. the most efficient use of all available resources. With these definitions; One may ask why is the Nigeria worker inherently characterized by low-productivity in spite of all government’s efforts to improve the economy and the ever increasing need for improved productivity? The answer to this disturbing question is vital and will be answered and discussed in this study.  Increasing productivity is a way of increasing the ability of people to do what they want, to do as well as achieving a higher standard of living for all suffering from low income and in boosting the prosperity of the overall Nigeria economy.

1.2     STATEMENT OF PROBLEM

          Nigerians have so much complained about a low productivity of Nigerian workers. Even workers themselves have also been worried about their own level of productivity. Some of them believe if one’s output is high, it will motivate one much towards working harder and thereby increasing productivity, as high output makes one to be satisfied.  Nigerians cannot withstand the competition in the world market; this is also attributed to low- productivity especially in the industries in the private sectors. This is because; most of the product used in Nigeria is manufactured by them. In other countries their level of technology is high so their productivity is usually high and as such they do well in international market.  It can now be seen that low-productivity is a general issue in Nigeria and also a big problem in Nigeria and it adversely affects the economy. Nigerians are faced with several hardships in the country. Low-productivity of our industries is one of the notable causes of this.  It makes cost of many products to be high as many people want to buy the few available products. This study will therefore find out the factors responsible for this low-productivity in the private sector of the Nigerian economy using NBL 9th Mile as the case study.

1.3     PURPOSE OF THE STUDY

          The depressing economic situation of things in our country led to the carrying out of this research as the bad economy can be attributable to low-productivity in our industries. The purpose of this study is therefore to find out those factors which are responsible for low-productivity in Nigeria workers especially in the private sector; from the findings the writer will recommend possible solutions. This will help our workers in the industries to increase their performance and thus help to improve the standard of living and the general economy of Nigeria.

Sustainable democracy: a dependent variable to national development

Sustainable democracy: a dependent variable to national development

(a case study of Anambra state from 2007 – 2009) mr. Peter

Obi’s administration.

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Abstract

The primary aim of this research work is to deeply investigate and identify the national development in the achievement of sustainable democracy in anambra state, and how their attitude foster, encourage, promote or retard the development of the area since the formation of the anids. To conduct a thorough research, the researcher sampled the population and those chosen were administered with questionnire. There findings were analyzed using simple percentage method. Based on the analyses the researcher found that anambra state with a laudable development strategy that is development oriented and which has the peoples interest at heart. Sequel to the above, the researcher recommended that government should support and assist both financially and otherwise to the development projects initiated and executed by the anambra state government which are in the best interest of the people to foster national development and sustainable democtracy. In conclusion, therefore, the role of anids should be well comed by the people of anambra state for the interest of maintaining their status quo in the area of national development and sustainable democracy.

Table of contents

Chapter one

  • Introduction

1.1   Background of the study

  • Statement of the problem
  • Purpose of the study

1.4. Significance of the study

  • Research questions.
  • Research Questions
  • Scope of the Study
  • Scope of the Study
  • Definition of Terms

        Chapter Two

  • Literature Review
        Brief introduction
  • Concept of Nation Development
  • Induces of Nation Development
  • Strategies of National Development
  • Concept of Democracy and sustainable democracy.
  • Factors militating Against sustainable Democracy
  • Solution to the problems of Democracy.
  • National Development in Anambra.

        Chapter Three

  • Research Methodology
        A brief out line of the study
  • Design of the study
  • Area of the study
  • Population of the study.
  • Sample of the study
  • Instrument for data collection
  • Validation of the instrument
  • Distribution and retrieval of the instrument
  • Method of data analysis

Chapter Four

  • Data presentation and Analysis
    • Presentation and interpretation of data According to research Questions.

Chapter five

Summary, conclusion and Recommendation

  • Summary of findings
  • Conclusion
  • Recommendations
  • Limitation of the study
  • Suggestion for further research

Reference

Appendix A   __   Letter

Appendix  B __ Questionnaires

 

Chapter two

  • Introduction

sustainable democracy a dependent variable to national development cannot be over emphasized in the sense that national development is the bedrock of every nation. Whether developed or underdeveloped in the nation. They still work towards improving or maintaining their national development.

national development is also the gradual manifestation of positive changes in the economic, industrial, political, social, cultural and administrative life of a country. In viewing the process of a country, term national development is more comprehensive than economic development or economic growth.

democracy on the other hand is a system of government which gives periodic opportunities for the masses to choose their leaders. It ensures massive participation in governmental activities. A sustainable democracy is therefore a controlled reasonably high and stable level of democracy.

having seen the meaning of the two concepts, that is national development and sustainable democracy, it is of no doubt that sustainable democracy will help increase the rate of national development because of the special feature of democracy.

the aim of this research is to show how sustainable democracy improves national development in anambra state. Also, the barriers to sustainable democracy will not be left out.

 

  • Background of the study

A critical study on sustainable democracy and national development has shown that sustainable democracy is crucial for national development. They manifested in the context of anambra state from 2007-2009 where peter obi’s administration made a tremendous efforts to carry out and execute development projects for the national development. As a matter of facts, it becomes paramount important that in order for obi’s administration to achieve his aim of bringing sustainable democracy in anambra state so as to foster national development he introduced anambra integrated development strategy (anids) which serves as machinery to carryout developmental projects.

there are however, studies which have demonstrated how political, united and harmonies anambra people have through this strategy, achieving national development without waiting for the central government to take initiative.

it is believed that national development and sustainable democracy in anambra state is now on its climax since the inception of anambra integrated development strategy (anids). But before i delineate (describe) the identifiable developments attained in anambra through this strategy in order to achieve sustainable democracy, let us look into and examine what development is all about.

the concept of development is as old as the creation of man immediately after the creation of man and the emergence of his consciousness in his environment of operation. It become very obvious to him that his immediate secular environment possess a crude nature. A nature, which in its character, is against the existentialist of man, hinges on his three basic needs which are food, shelter and clothing consequently, for man to eat, he must hunt, gather fruits and develop agricultural technology for him to be sheltered, he must build houses and develop contraction technology, for him to cloth, he must make his cloth and develop manufacturing and mining technology. This implies that development in human socio-economic environment hinges on technological base will enable man to surmount these environmental obstacles that are problems to his existence.

one of the greatest problems of the developing countries is development. This is the more reason why it occupies a part of every national discussion with much emphasis of it pursued through planning. The problems of development are permeating that it affects every sector of the economy as well as individuals.

todano (1985) in his own view defined development as a multi-dimensional process involving the re-organization and re-orientation of the entire economic and social system. This involves in addition to improvement of income and output, radical changes in institutional, social and administrative structure as well as in popular attitudes custom and beliefs. Development is then both a physical process and a state of mind, involving the transformation of institution and the change in the thinking of people.

abah (2000:1) sees development as a tri-dimensional concept having a utilitarian or consumatory dimension which connotes increase in the quantity of usable items available to man in society. Based on the above interpretation of development, one can see development as a social change in which new ideas are introduced into a social system thereby bringing change in the parameters of political, economical and socio-cultural.

on the same view, rodney (1972) sees development both from the level of individual and that of the society as a whole. At level of the individual, development implies increased skill and capacity, greater freedom, creativity, self disciplined, responsibility and material well being on the level of the society, development cannot be seen purely as an economic affair, but rather as an overall social process, which is dependent upon the outcome of man’s efforts to deal with his national environment.

from what we have said so far concerning development, i would not hesitate to say that anids introduced by peter obi’s administration have been able to effect some changes in national development and sustainable democracy in some of the areas mentioned in discussed in the national development of anambra.

anambra state was created in the year 1991 with 21 local government authorities (l.g.a) it shares a common boundary with abia, delta, enugu, imo and kogi states.

the state is well known for its industrial centers and markets, with 75% of the state involved in agriculture located in the south-east region of Nigeria, anambra state is the center of the major transport routes in Nigeria onitsha expressway and the onitsha owerri highway. The position of the state makes it a focal point for transport and trade in Nigeria.

Leadership of the state, started from the creation with the military regime meanwhile the democratic governance of the state started with dr. Chukwuemeka ezeife (okwadike igboukwu) through military toppled the nascent democracy till 1999 when dr. Chinwoke mbadinuju emerged as the governor till 2003, when another election was conducted in order to replaced the then government. The April 2003, election saw Dr. Nwabueze ngige (moon) into power instead of mr. Peter obi as the case may be. Then in june 14th 2006, the appeal and supreme count granted mr. Obi the power to the power to be the governor of anambra state. Hence as an astute and efficient administrator, he peter obi formed anambra state integrated development strategy (anids) as an umbrella for all development of all programmes throughout his tenure anids is like a vehicle for the delivery of the millennium development of all sectors of the economy, it is also a realizable strategy for anambra people to attained their sustainable democracy.

1.2 statement of the problem

it is a notable fact that sustainable democracy and national development in anambra state confronted by numerous problems on a close observation of development in anambra state, one notice that the problem faced by sustainable democracy and national development is on its great magnitude.

there has been the problem of corruption, the representatives when corrupt willing elections to their own advantage thereby working against the democratic feature which says that elections should be free and fair, corruption will contribute to the backwardness of state.

secondly, dependency of the judiciary is another problem confronting the sustainable democracy and national development of the state. Even when a democratic government is claimed to be operating, the judiciary that ought to be independence still dances the tune of both the executive and judiciary. They are being bribed in the discharge of their duty thereby military against sustainable democracy which will deplete the plans have in mind for national development.

in nigeria, equality before the law as characteristics of democracy is practiced only in paper not practical some top government officials break the laws on daily basis, yet go scot-free. The facts that these top officials are not charged to court while in office makes them see themselves as people above the law and hinder the effective functioning of sustainable democracy.

the press is not free to let loose some information that will be of paramount importance to the public due to fear of favour. They only say what they are asked to say, by so doing, sustainable democracy cannot be achieved.

finally, most of the populations are ignorant and doubt even knows their rights and they are trampled upon.

1.3 purpose of the study 

the purpose of this research is to evaluate sustainable democracy as dependent variable for the attainment of national development using peter obi’s administration in anambra state from 2007-2009.

a critical analysis of this will help the federal government to know their weak points concerning those things they have to do in order to foster national development in different states of the federation. The objectives of this study therefore are aimed at.

  1. Identify the problem that militates against sustainable democracy and national development in anambra state.
  2. Examine how the people in anambra state are courage to embrace national development in their areas.
  3. Identifying the areas the obi’s administration has played cure role in bringing national development to the state.
  1. Suggesting measure of solution through which the problems militating against national development and sustainable democracy in anambra state could be alleviated.

1.4 significance of the study

it is wise and important to mention that study dealt primarily in national development and sustainable democracy in anambra state. It is also important to mention that this research was undertaken essentially to know how far national development has played it role in bringing sustainable democracy in the state.

however, this research shows how states can strategize for development and ways to attain it. Again, the academic and all future generations of people who may wish to undertake a study in the discipline or related discipline.

finally, this study is significance because the statement finding and recommendation of the study enable the governor in the state to learn from other people mistakes and effects changes where necessary.

 

1.5 research question

in pursuance of the research work the researcher deemed it necessary to formulate research questions. Thus these research questions will enable any reader of this work to comprehend clearly what the study is all about.

  1. To what extent has anids gone in bringing about national development and sustainable democracy?
  2. What are the problems militating against the national development and sustainable democracy intended by anids?
  3. Do you think anids introduced by peter obi is the right strategy for tackling the problems in anambra state?
  4. Which sectors of anambra’s economy have felt the impact of anids?
  5. What do you think are the problems preventing or delaying the successful implementation of anids?

 

1.6 scope of the study

oruala (1985:38) stated that an adequate statement of the problem also defines if very carefully in terms of its scope and it very obvious for a researcher to set forth the bounds of the topic being studied. These are the essential things in the scope of a research work. Based on the above issue of sustainable democracy a dependent variable to national development, the areas t5hat this study is mostly affected is anambra people (from 2007-2009)

1.7 definition of terms

Democracy:   abraham lincoln, a one time president of the usa, defined democracy as government of the people, by the people and for the people.

Development:       the gradual growth of something so that it becomes more advance, stronger a new event or stage that is likely to affect what happen in a continuity situation. It could be in political and economic.

Essential:      it means completely necessary, extremely important in a particular situation for a particular activity.

National development:        ademolekun (1986:92) true national development resides in the development of man a process by which man’s personality is enhanced and that it is that enhanced social economic transformation of any society.

Sustainable democracy: according to lorimer et al (1995) sustainable democracy means continued reasonably high and stable level of democracy.

Variable:        oxford advanced learner’s dictionary 6th edition defined variable as often changing lively to change.

Dependent:    oxford advanced learner’s dictionary 6th edition defined dependent as needing in order to survive or be successful.

 

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EFFICIENT CORPORATE IMAGE MANAGEMENT AS A STRATEGY FOR ENHANCING PROFITABILITY

EFFICIENT CORPORATE IMAGE MANAGEMENT AS A STRATEGY FOR ENHANCING PROFITABILITY

 

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ABSTRACT

Business organizations in Nigeria have failed to realize the role a good corporate image policy has in business dealings. This is probably because they do not understand the concept of corporate image and the necessary tools for promoting them. Corporate image, in fact goes beyond attractive products or rending quality service, advertising paying good salary and so on. It pervades every aspect of a business concern from the least worker’s personality to the dealing within the organization and with the larger society. In the face of the dynamics of our society, especially in the business world, brought about by technology, companies are faced with stiff competition that maintaining a competitive edge requires aggressive strategies. One of such strategies as efficient corporate image management and promotion.

The focus of this research work was to determine the strategies that could be employed to build and promote corporate image efficiently and enhance profit margins of an organization. A case study of Phinomar Nigeria Limited, Ngwo  was therefore undertaken.

The findings revealed that:

  1. Phinomar Nigeria Limited has a laid down corporate image policy though not effectively managed.
  2. Strategies employed to promote corporate image are limited.
  3. Response to Phinomar products is fairly high, hence it can be said to be profitable.
  4. Employee welfare and work environment need improvement.
  5. Phinomar needs to increase the scope of its social responsibility.
  6. Phinomar needs a well-managed corporate image, which should be reviewed periodically for improvement.
  7. Customers’ response to Phinomar product is high.
  8. Communication among workers in Phinomar Nigeria Limited is not adequate.
  9. Phinomar Nigeria Limited lays emphasis on public relations.

LIST OF TABLES

 

1.       Return of questionnaires

2.       Determination of the qualities Phinomar possesses.

3.       Determination of strategies Phinomar adopts to communicate its products.

4.       Summary of tables on Phinomar corporate image records

5.       Customers response to Phinomar products.

6.       Computed theoretical frequencies in respect of customers response to Phinomar product

7.       Communication with Phinomar

8.       Computed theoretical frequencies in respect of communication within Phinomar

9        The emphasis laid on public relations by business organization in Nigeria.

10.     Computed theoretical frequencies in respect of the emphasis laid on public relations by business organization in Nigeria.

TABLE OF CONTENTS

 

CHAPTER ONE – INTRODUCTION

1.1            Background of the study

1.2            Statement of the study

1.3            Purpose of the study

1.4            Scope of the study

1.5            Research question

1.6            Research Hypothesis

1.7            Significance of the study

1.8            Limitations of the study

1.9            Definition of terms

References

CHAPTER TWO – REVIEW OF RELATED LITERATURE

2.1            Meaning and history of corporate image management

2.2            Different views and opinions about corporate image management and organizational profitability

2.3            Different approach to corporate image management

2.4            Corporate image management at Phinomar Nig. Ltd.

References

CHAPTER THREE – RESEARCH DESIGN AND METHODOLOGY

3.1            Research design

3.2            Area of the study

3.3            Population of the study

3.4            Sample and sampling procedure/ technique

3.5            Instrument for data collection

3.6            Validity of the instrument

3.7            Reliability of the instrument

3.8            Methods of data collection

3.9            Method of data analyses

CHAPTER FOUR – DATA PRESENTATION AND ANALYSIS

4.1            Presentation and analysis of data

4.2            Testing of Hypothesis

4.3            Summary of Results

CHAPTER FIVE – DISCUSSION, RECOMMENDATION AND

CONCLUSIONS

5.1            Discussion of result findings

5.2            Conclusions

5.3            Implications of the research findings

5.4            Recommendations

5.5            Suggestions for further research

Bibliography

CHAPTER ONE

1.0            INTRODUCTION

1.1     BACKGROUND OF THE STUDY

“A company’s product as such is no longer the chief media projecting its image”. What counts more today is the public postures of management. Its concern for consumer welfare and its visible response to imperative social and economic needs. In short, management must concern itself as much with protection as it does with profit” (Harold. H. Margins).

Every aspect of business and industry is undergoing rapid change in terms of philosophy and technology and there is more rapidly changing function of corporate management to   public attitudes and reactions. In the same vein, the corporate image of any organization has to be steered to change to correspond in response to the demands of its ever –changing business publics and environment. Making good product, marketing them aggressively, paying fair wages to the employees, and even paying taxes etc. is not just enough to maintain a competitive edge. The  are now economic and social responsibility that faces every business.

Perhaps, it would be necessary to ask; Is there any need to engage in corporate image promotion? Does promotion  have effect on the returns of an organization? Are there right and wrong ways to project a corporate image? What is the place of employee motivation, communication, customer relations, social responsibility etc. in the whole role of image promotion programme?

Margins H. Harold (1979. 7) stated, “Mass merchandising, new method of advertising, increased competition, and government regulations have brought corporate reputations into public view and cause executives to seek more favourable reactions.” However, many hardheaded business men do have an uneasy feeling that promoting the corporate image is little more than a perceived gesture of public goodwill.

The critical importance of corporate image becomes apparent when consumers protest provokes from large organizations series or explanations and apologies for the faults they are accused of. Companies must therefore give its public the same order of priority it gives to finance, marketing and research in the table of rapid, social and technological change. Otherwise, it cannot expect to command public respect and support in the market place.

To live and grow, to command respect and regard, the corporate image must be more than a product of public relations. Therefore corporate image promotion should not left in the hands of the public relations men, but should be the responsibility of top management and indeed every member of staff. This implies that the image programme should be part of the over all-planning for the company’s future. No matter how impressive a firm’s achievements are, they must be properly presented in the public for them to be acknowledged. Thus corporate planning is an integral part of policy decisions. For some companies,  image programmes is part of board planning for greater sales and profits. This is one the fundamental objectives of management and all its activities will be programmed to that end.

Aaker, A.A. Myers, J.G (1975. 138) Stated that, “It is not an exaggeration to say that a good image is fundamental to the existence of any business enterprise. The concept of image is often considered to be an important determinant of long-term sales and profits. Therefore it is reasonable to consider the use of image as an objective, not only for an advertising programme but for marketing programme and an organization as a whole”.

When a new product is introduced in the market a respected corporate name often benefits from the unknown product. People are more likely to buy a new product if they know and like its manufacturer. Furthermore, the quality image of a company’s product may have considerable influence on the kind of new product the company can market successfully.

Scholes, K and Klem, M. (1987. 85) see the image of a company as resources. They identified four types of resources available to companies which are: physical resources, human resources, system resources and intangible resources. Explaining the intangibles, Scholes and Klem observed that “Many organizations have significant strength in intangible assets such as; image or brand –name. The value of intangible resource should not be under rated. Infact in many service companies, these intangibles can be the key asset of the company. Potential purchases are often willing to pay substantial sums of money for this “goodwill” underlining their real value.

Finally, in order to gain the support of its publics, the corporate image must show that management is progressing, mobile, open to innovation, fair to all and free of dogma and convention. Creating and promoting a corporate personality efficiently is mainly communicating company’s objectives, beliefs, reputation and achievements to its publics in order to gain their goodwill.

1.2     STATEMENT OF THE STUDY

Adequate emphasis have not been laid by firms in terms of promoting a favourable corporate image and this attitude has affected their performance in the market, more so in the face of the prevailing stiff competition among firms.

The environment in which businesses operate is in constant change and it constitutes an important factor in that, it affects management decisions and actions. For any business, two types of environment exist. The operating environment, which may be classified with external and internal. External environment Comprises economic, social, political cultural, government, technological, while internal forces comprises the top management employees, task forces; and the public environment which is made up of the firms several publics.

For an organization to remain in business it has to  help to shape its environment because of the rapid change that the organization’s operating environment undergoes

Apart from the influence of the environment, the image of the firm is another factor that requires consideration. The type of image which an organization projects is an important determinant of its long run existence and performance. There are strategies that have to be developed and adapted creatively to achieve organizational goals.

From management’s point of view , without a good image, an organization is not guaranteed of long life, the profit objective of the organization will not be achieved, the market share will be affected resulting to decreased sales volume, there will be employee dissatisfaction; co-ordination of work will be unimpressible and thereby the organization will collapse.

The correction of the above management problems requires the application of the management’s functions of planning, which involves selecting objectives and formulating strategies, policies, programmes and procedures to achieve organizational goals.

1.3     PURPOSE OF THE STUDY

THE ROLE OF COMMERCIAL BANKS IN FINANCING SMALL SCALE INDUSTRIES IN NIGERIA

THE ROLE OF COMMERCIAL BANKS IN FINANCING SMALL SCALE INDUSTRIES IN NIGERIA

(A CASE STUDY OF UNION BANK OF NIGERIA PLC).

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ABSTRACT 

The topic of dissertation is The Role Of Commercial Banks In Financial Small Scale Industry In Nigeria. A case study of union bank of Nigeria plc. The  major objective of the study is to ascertain the extent to which union bank of Nigeria plc has helped to financial small scale industries.Instrument of data collection is questionnaires and research questions which formed the source of primary data, while materials from various published articles, textbooks, journals and newspaper formed the secondary data.

The method of analysis is the use of  tables, percentages and chi-square .

The major finding of the research is that union bank of Nigeria plc has helped to financial small scale industries period under review.

The recommendation based on the finding is that in order to reduce the risk in small scale industry lending, the central bank of Nigeria and the government can do more than they are doing currently scheme.

The study concluded that if the desired objective of using small scale industries as catalysts of development is to be achieved than the role of commercial banks should be mutually supportive.

TABLE OF CONTENTS

CHAPTER ONE

INTRODUTION ANALYSIS

1.1     Background to the problem

1.2     Problem statement

1.3     Objectives of the study

1.4     Research questions

1.5     Research hypothesis

1.6     Scope of study

1.7     Limitations of the study

1.8     Definition of study

Reference

 

CHAPTER TWO

LITERATURE REVIEW

2.1     Introduction

2.2     Meaning of small scale industry

2.3     Government policy

2.4     Support systems

2.5     Financing

2.6     Monetary policy development in favour of small scale industries

2.7     Benefits of small scale industry

2.8     Problems facing small scale industry

2.9.1  Financing the project

2.9.2  Technical knows how

2.9.3  Personnel, matters and general administration

2.10   Improving funding small scale industries

References

CHAPTER THREE:   

RESEARCH METHODOLGY

3.0     Introduction of the study

3.1     Research design

3.2     Area of study

3.3     Population of study

3.4     Sample size determination

3.5     Instrument for data collection

3.6     Validation of the instrument

3.7     Reliability of the instrument

3.8     Method of data collection

3.9     Data analytical techniques

CHAPTER FOUR:     

PRESENTATION AND ANALYSIS OF DATA

4.1     Presentation of data

4.2     Hypothesis testing

CHAPTER FIVE FINDINS:

CONCLUSIONS AND RECOMMENDATIONS

5.1     Findings

5.2     Conclusion

5.3     Recommendation

Bibliography

Appendices

 

 

CHAPTER ONE 

INTRODUCTION

1.1     BACKGROUND TO PROBLEM

The successive development plans of Nigeria have laid emphasis on the attainment of self reliance.  The need for this national objective is because much is expected from individuals from the view point of providing employment opportunities self reliance in basic food and material production high per capital income, foreign exchange earnings and the production of industrial raw materials.

Okporobie (1989:10) observes that Nigeria small scale industries continued to decline despite the so called priority given to the sector

However, the discovery by the central bank  that this policy was not enough by it self led to the central bank request with effect from 1970/80 that all commercial bank must reserve a proportion of the minimum credit allocation to indigenous borrowers for small scale Nigeria enterprises.  The target prescribed in 1979 was ten percent (10%) which subsequently raised to sixteen percent (16%).

Even though available data showed that performance of commercial banks against this directive has been disappointing. The central bank intends to  spare no effort in ensuring that banks fully couple without compromising the smooth functioning of the nation banning system.

He observed also, that without the development of small scale industries in Nigeria, the nations quest for industrialization will certainly remain forever at stake. It is the opinion of the researcher that future development in our industrialization must address the basic issues of creating linkages without the economy to begin to produce real inputs to our manufacturing activities .

Priority attention must therefore be given to these industries for which domestic inputs could easily be produced.  This will bring about  agro-allied industries like food processing and other by-products.

The objective should be to maximize the value added in their processing and manufacturing as final goods immediately inputs.

Nzewi and Oze (1985:56) observed that empirical evidence indicates that strong producer incentives to small scale industrialists are necessary not also only to meet the food requirement but also to  provide growing input supplies and demand as a foundation for sustained industrial growth.

The present economic constraint may well turn out to be a blessing in disguise to our industrialization effect particularly for dynamic manufacturing sector.  For instance, the market determinate exchange rate through seeing with its result and high cost of imported inputs may serve as an impetus for industrialist to intensify their search for local substitutes.

Ekenyong and Nyong (1992) observed that small scale enterprises are regarded an organic part of a viable structure for the attainment meaningful economy development in developing economic like Nigeria.

They are significantly more cost effective in bringing about development than large enterprises because of the perceived linkage and multiplier effects which small scale enterprises have on the performance of the economy and economic growth in general.

Osayameh (1989) observes that the strength that make small scale enterprises more amendable for assistance areas as follows.

1.       Personal commitment of the proprietor whose life savings usually form the start up capital.

2.      Low initial capital out lay requirement

3.       Ease of entry and exit and prevalence of just minimal legal constraints

4.       Amenability to business advisory services because of their small size which makes than more responsive to improvement suggestions.

Olashore (1987) Observes that the four main sources of enterprises financing open to small scale industry in Nigeria are.

i.        Formal financial institutions such as commercial banks merchant banks, insurance companies and the development bank.

ii.       Informal financial landlords, credit and savings associations “esus” friends and relations personal savings and .

iii.      Other financial scheme, NERFUND NEXIM

in 2001, there was an introduction of small and medium industries equity investment scheme (SMIEIS) in which N359 million was set aside to date by banks under small medium industries equity investment scheme.

Through union bank small and medium scale enterprises (SMES) department, the bank has remain ed in fore front of SMES financing nations was extended to the SMES as at 31st March 2004.

Small scale industry is any industry not exceeding N750,000 including working capital  but excluding cost of land.

It is also defined by center for industrial research and development of Obafemi  Awolowo university Ile Ife as  those industries whose total assets in plant, equipment and working capital do not exceed N250,000 with not more than 50 employees.

1.2     STATEMENT OF THE PROBLEM

The problem of credit to small scale industries may not necessarily be as a result of financing insufficiency but rather for some other reasons among which are.

i.        Insufficient preparation on the part of small scale entrepreneurs in their request for credit assistance.

ii.       Information gaps as to range of funding institutions and scope of services available in these institution

iii.      Moreover, servicing of small business accounts is relatively experience, risky and difficult to monitor with low turn over of account.

However, the parishioners in the sector small scale industry do not display competence in preparing justification for their project.  It is are to see most of them coming up with cash flow projections, projected balance sheets, among others.  They are based on personal rudimentary in formation and speculation.  At times when they seek the advice of consultants, the outcome that are made figures project based on assumptions which are most of their time unrealistic.

As a result such proposals are out rightly rejected by banks.

There are suitable when credit demands in this sector are not in compliance in this government monetary policy and credit guidelines which must be adhered to by banks.

The researcher identifies these problem and considers it necessary to carry our study on them.

1.3     OBJECTIVES OF THE STUDY

The objectives of the study include:

a.       To ascertain the extent to which the union bank of Nigeria plc has helped to finance small scale industries.

b.       To identify the problems encountered by small scale industrialists in obtaining finance from union bank of Nigeria plc.

c.       To evaluate various measures introduced to boost industrial production and its financing and how this has affected realization of the set goals.

d.       To determine the causing changes in small scale industrial financing by union bank of Nigeria plc.

e.       To make suggestion and recommendations based on the data generated by the study.

1.4     RESEARCH QUESTIONS

The critical appraisal to give answers to the following questions.

a.       To what extent has  union bank of Nigeria plc helped to finance small scale industries?

b.       What are the problems encountered by the small scale industrialists in obtaining finance from union bank if Nigeria plc?

c.       What are the various measures introduced to boost industrial production and its  financing and how this has affected the realization of the set goals?

d.       What are the causes of changes in small scale industrial financing by union bank of Nigeria plc?

e.       Does any linear relationship exist between lending to small scale industries and economic recovery and self reliance on the economy?

1.5     RESEARCH HYPOTHESIS

a.       There is no linear relationship between lending to small scale industries and economic recovery and self-reliance of the economy.

b.       there is no relationship between union bank of Nigeria plc lending to small scale industries and the attitude of this customers

1.6     SCOPE OF STUDY

The scope of the study is the role of commercial banks in financing small scale industries in Nigeria. A case study of union bank of Nigeria plc.  It does not cover the role of commercial banks in financing medium and large scale industries.

WOMEN AND NATION BUILDING : AN APPRAISAL OF ANAMBRA STATE CENTRAL SENATORIAL DISTRICT: (2010 – 2015)

WOMEN AND NATION BUILDING : AN APPRAISAL OF ANAMBRA STATE CENTRAL SENATORIAL DISTRICT: (2010 – 2015)

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TABLE OF CONTENTS

CHAPTER ONE

  • Background of the Study————————————
  • Statement of the Problem————————————
  • Purpose of the Study—————————————–
  • Research Question——————————————–
  • Statement of Hypothesis————————————-
  • Theoretical Framework—————————————
  • Significance of the Study————————————-
  • Scope of the Study——————————————–
  • Limitation of the Study—————————————
  • Definition of Terms——————————————–

 

 

CHAPTER TWO

LITERATURE REVIEW

2.1Contributionsof Women and Nation Building————–

2.2Challenges Affecting Women Participation in Politics       and Decision Making —————————————-

2.3 Summary of Literature Review——————————-

 

CHAPTER 3

RESEARCH METHODOLOGY

3.1  Design of the Study——————————————-

3.2  Area of the Study———————————————-

3.3  Population of the Study————————————–

3.4  Sample/Sampling Technique——————————–

3.5  Instrument for Data Collection——————————

3.6  Reliability and Validation of the Instrument————–

3.7  Distribution and Retrieval of the Instrument————-

3.8  Method of Data Analysis————————————-

CHAPTER 4

DATA PRESENTATION AND ANALYSIS

4.1  Data Presentation———————————————

4.2  Analysis of Research Question——————————

4.3  Testing of Hypothesis—————————————–

4.4  Interpretation of Results————————————-

CHAPTER 5

SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1  Summary of Findings—————————————–

5.2  Conclusion—————————————————–

5.3  Recommendations———————————————

REFERENCE————————————————————–

APPENDIX A—————————————————————

CHAPTER 1

INTRODUCTION

  • Background of the Study

Since independence, women participation in politics and decision making in Nigeria have been a controversial issue. The 1st republic had only four female legislators in the whole of the country, a negligible number that cannot give women the necessary influence in politics. In that era, the contribution of women in nation building could only be imagined and not felt. The imposition of military rule, an era that followed this period from 1966 did not foster women participation in politics and very little was heard of women in politics and decision making (Samuel and Segun, 2012:7). The participation of women in nation building increased in the 2nd and most particularly in republic.

Few women emerged as councilor, one woman, Chief (Mrs.) TitilayoAjanaku, as Chairperson of Abeokuta Local Government Council in Ogun State, two female Deputy Governors, AlhajaSinatuOjikutu and Mrs. Cecilia Ekpenyong in Lagos and Cross River State, respectively. Furthermore, only one woman was elected to the Senate and very few others to the House of Representatives. It is worthy of note that before 1999, the proportion of seats occupied by women in national parliament never exceeded 3.1% and 5% for federal Executive council (Luka, 2012). But these women proved they deserve more opportunities with their stellar performances.

The year 1999 marked the beginning of a new dawn as Nigeria returned to civilian government after the demise of military rule. Women political participation witnessed sharp improvement over previous experience. President Obasanjo who assumed power on May 29th 1999 made a clear departure from the past and appointed 4 out of the 29 senior ministers representing 13.7% and 3 out of the 18 junior ministers representing 16.6%. Furthermore, he appointed 2 women advisors and 2 senior special assistants and 6 special assistants and 1 special assistant to the vice president as well as 8 permanent secretaries (Luka, 2012:29). Women were also appointed as commissioners and were members of the executive councils in all the states (Kalawole et al, 2012:135). It should be noted that while the number of women in political position drastically increased between 1999 and 2011, the positions were mostly appointive rather than elective. From 1999 to 2011, no woman was elected into the office of the president or governor in any of the 36 states.

However, In 1999, out of the total seat of 469 (Senate and House of Representatives), there were only 15 women representing 3.19%; this increased to 25 in 2003 representing 5.33%; there was a further increase in 2007 to 34 representing 7.24% and a slight decline in 2011 to 33 representing 7.03%. Although between 2003 and 2007, 4 to 6 women were elected as deputy governors. In spite of these improvements, the representation of women in politics and decision making in Nigeria is still a far cry from the global benchmark of 35% affirmative action. It is against this background that this paper examines “women in Politics and Decision Making in Nigeria: Challenges and Prospects”.

In Nigeria and the rest of the world, women have over time proven to be valuable assets and contributors to nation building.

In Nigeria, women have shown bright potentials in politics and public leadership, both in democratically elected positions and political appointments. These potentials are also present in their various philanthropic efforts and even in different organizations.

A lot of calls have been made from various quarters for Nigerian women to be given more opportunity to contribute their rather unique inputs to nation building as the few whom have received such rare opportunity have excelled beyond expectations.

In Nigeria, today, almost half of the women work outside the home -both in formal and informal sectors- for pay to augment the family resources. While some women, particularly the rural women, work in the farms/agricultural production, many others in the cities work in the public and private sectors, including government, commercial/trading, industrial, financial and service sectors of the economy, thereby contributing substantially to national development (Falusi, 2011).

Unequivocally, a woman is not, in any way, inferior to a man. Their roles, both in the family and nation-building, are complementary and co-terminus and the one should not be seen as inferior or subservient to the other. This argument could be faulted in the agrarian age when male dominance was largely dependent on their physical abilities that allow them to till the ground and lift heavy objects and equipments, a feat that eludes feminity, but not in this knowledge driven generation where intelligence and initiative reigns supreme.

With increased focus and sensitization on women empowerment, women (especially, Nigerians) have played key roles in building the Nigerian state. Since the inclusion of more women in key sectors of the Nigerian economy, such as the appointment of Late Prof. Dora Akunyili as D.G. of the National Agency for Food and Drugs Administration and Control (NAFDAC) who saved millions of lives and ended the era of impunity in the manufacture, sales and distribution of food and drug products in Nigeria and also went further to set a pace in the information ministry as the minister of information and national orientation, Dr. NgoziOkonjo-Iweala (Co-ordinate Minister of the economy) whose appointment as the minister of finance/coordinating minister of the Nigerian economy have saved Nigeria a lot of trouble especially during the world economic recession; and her contributions to exalting the nation to the position of the best economy in Africa; a feat the nation has not achieved in the last three decades, Diezani Allison Madueke (Minister of petroleum resources); she initiated the fight against the cabal that are running the downstream sector to abyss, a battle which seems to elude her but her bravery has informed the Nigerian people of the activities of these cabals and has set the pace for the fight against corruption in the oil sector., Princess Stella Odua (Former Aviation Minister and presently senator representing Anambra North senatorial district), Hon. Mrs. Uche Ekwunife (Senator; Anambra Central Senatorial District) and a host of other Nigerian women, they have managed to achieved giant strides in areas where their male counterparts have failed to farewell, and these qualitative contributions of women/woman nature in nation building is an area this research work will seek to explore.

More opportunities should be allowed women by the Nigerian governments at all levels in order to further enhance their role and unlock their potentials in nation-building. In order to appreciate the role of women in nation-building, a statement by a former American Secretary of state, Hillary Clinton, is most instructive: “What we are learning around the world is that if women are healthy and educated, their families will flourish. If women are free from violence, their families will flourish. If women have a chance to work and earn as full and equal partners in the society, their families will flourish. And when families flourish, communities and nations will flourish”.

Although there is no legal and constitutional constraint that women are suffering from, the marginalization rather emanates from the cultural orientation that subordinates women to men. It is known that no man wants to work under a woman and men all together do not enjoy giving women higher authority than their male counterparts. The call for women engagement in nation building is not for a proportionate representation but for a fair share; say 40% opportunity for women to participate in key sectors that will enable them contribute to nation building.

Globally, nations as Brazil, South Korea, Malawi, Argentina, Kosova and Liberia are being led by DimaYouseff, Geun-hye Park, Joyce Banda, Cristina Fernandez, AtifeteJahajaSirleaf respectively as presidents.

  • Statement of the Problem

A few will deny that one of the richest under-utilized resources in the world today is the talent of women. Unfortunately, the world has for many years squandered this talent in a most shameful fashion. According to Kayode (2015) statistics has it that over half of the Nigerian population is made up of women. Yet, and regrettably so, women have not been accorded their due recognition in the national scheme of things by the Nigerian government. In spite of the immeasurable impacts made by some women who by accident occupied public positions of trust, Nigerian women are still to gain promise or at least be granted equal opportunity to contribute to policy formulation and implementation that may contribute to nation building

It will therefore, be a problem of this study to identify the various strides and contributions of women in socio-economic and political development in Nigeria.

It is also a problem for this study to analyze the extent to which these contributions have conduced to nation-building in Nigeria.

Another problem facing this study will be to identify the challenges to women involvement in policy formulation and implementation.

Finally, examining if increased women involvement in policy formulation and implementation could engender effective nation-building in Nigeria also constitutes a problem of this study.

  • Purpose of the Study

The main purpose of this study focuses on highlighting deeply the concept of women and national building.

Specifically, this study will seek to find the following:

  1. To identify the various strides and contributions of women in socio-economic and political development in Nigeria.
  2. To analyze the extent to which these contributions have conduced to nation-building in Nigeria.
  3. To identify the challenges to women involvement in policy formulation and implementation.
  4. To examine if increased women involvement in policy formulation and implementation could engender effective nation-building in Nigeria.
  • Research Questions

The following research questions will guide the researcher towards finding solutions to the problems under study:

  1. What are the various strides and contributions of women in socio-economic and political development in Nigeria?
  2. To what extent have these contributions conduced to nation-building in Nigeria?
  • What are the challenges to women involvement in policy formulation and implementation?
  1. Can increased women involvement in policy formulation and implementation engender effective nation-building in Nigeria?

1.4   Statement of Hypothesis          

The following hypothesis will help ascertain the independence of the variables of this research problem.

  1. Ho: Women cannot contribute effectively to nation building.

H1: Women can effectively contribute to nation building.

  1. Ho: There are no challenges affecting effective women participation in politics and decision making.

H: There are challenges affecting effective women participation in politics and decision making.

  • Ho: There cannot be increased role for women in nation building.

H1: There can be increased role for women in nation building.

  • Theoretical Framework

The controversial and contemporary nature of women role in nation building and other aspects of human endeavor where women are been marginalized and their viability and importance undermined have given rise to studies geared towards revealing the overwhelming contributions of women to nation building. These studies gave birth theLiberal Feminism theory by Moore (2010).

Liberal Feminism

Feminism, however, is far from being a unified perspective, Moore (2010), in her study of “the place of women in a globalized world”, postulated that the uniqueness of the feminine nature of women, the psychological dexterity that allows them to endure longer than men, take care at performing tasks, pay attention to details and the responsibility that comes with their motherly and home-making nature plugs the holes in the care-free, frolicking, and hasty nature of men. She argued that women should be liberated from the shackles of perpetual relegation and the viable potentials that come with their unique nature, respected and harnessed as a new dimension yet to be fully explored in modern globalization.

1.6 Significance of the Study:

At the successful completion of this research work, it will be of tremendous importance to the following parties in the following ways:

  1. Career Women: This study will reveal how best they can contribute to nation building and thereby serve as a motivating factor for them to strive to succeed in this area of human endeavor.
  2. The Government: This study will service them with the required information that will inform them of the giant strides of achievements of the Nigerian women who have been given various opportunities to contribute to building the Nigerian nation, thereby highlighting the need to give the Nigerian women more opportunity to contribute to building the Nigerian nation.
  3. Other Researchers: This study will provide them accurate data on the contributions of women to nation building and serve them as a reference material when carrying out research on related topics.
    • Scope of the Study

The scope of this study focuses on the role/contributions of women in nation building. The researcher narrowed the scope to cover only Anambra Central Senatorial District in Anambra state of Nigeria.

1.8   limitation of the Study

The researcher encountered problems in carrying out this research work. The problems include:

  • Time Factor: There was not enough time to gather all the necessary information relating to the study because the researcher has to combine the research work with other curricula activities.
  • Financial Constraint: The low financial capacity of the researcher also restricted the area of the study. As a result of this, it became necessary to limit the extent of the research to available resources.
  • Attitude of respondents: Some respondents complained of time and did not detail their response and others were not available during the researcher’s visit. And others were indifferent about the topic and could not give constructive opinion.
    • Definition of Terms

The following terms will be frequently used in this study and their definitions in line with the context of the study will aid easy understanding.

  1. WOMEN: Adult female human beings
  2. NATION BUILDING: Efforts geared at improving and sustaining the social, political and economic state of a country.
  • GENDER EQUALITY: The principle that views both male and female humans as equal and supports equal treatment for both genders.
  1. CONTRIBUTIONS: The action or service performed by someone (women in this case) to cause or increase the chances of achieving something (nation building).
  2. ROLE: The function or position that somebody (women) have or is expected to have in the society.
  3. DISCRIMINATION: The practice of treating some people (women) in society less fairly than others (men).

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