THE EFFECT OF GOVERNMENT INTERFERENCE IN MANAGEMENT OF FINANCIAL INSTITUTION
ABSTRACTS
The research work is based on the effective of government interference in management of financial institution. In this study it has been revealed that this interference on financial institution by government as a whole is a noble in the right direct. This Niger financial system is very vibrant and highly competitive they have four basic product lines in the banking industry such as deposit base product, lending base product, fee base product, and technology base product. The government interference in the management of financial institution is the project a case study of Union Bank of Nigeria Plc. Is an important aspect of financial institution, its domain is to ensure the regulation of money by the financial institution. So to identify those problems encountered you must ensure that good services are appropriately at the right time and place. The objective of this study has been to determine how much government interference and the management of financial institution has gone in improving the banking system and habits of union bank Nigeria PLC, also the researcher examine the role of government in regulating banking activities. Though. This has not been reduce and completely eradicated in other like union bank, capable and better. Financial institution cannot stay out of danger and crises without some measure of adaptation of the regulation and policies will help them to be more efficient and effective in their operations. It also promotes banking habits and efficiency in the delivery of banking service and thereby enhances confidence in the system. Finally, therefore it can be asserted that there are laudable changes seen in our bank today of which could not be possible if government did not come into their management.
TABLE OF CONTENTS
Title page
Certification page:…………………………………………i
Dedication :……………………………………………….ii
Acknowledgement:……………………………………….iii
Abstract:………………………………………………….iv
Table of contents:………………………………………..v-vi
CHAPTER ONE
- Introduction:………………………………………….1-3
1.1 background of the study:……………………………..3-5
1.2 statement of the problem:…………………………….5-6
1.3 objective of the study:………………………………..6-7
1.4 research questions:……………………………………7
1.5 research hypothesis:………………………………….7
1.6 significance of the study:…………………………….7-8
1.7 scope of the study:……………………………………9
1.8 limitation of the study:………………………………9-10
1.9 definition of terms:………………………………….10-11
CHAPTER TWO
- management:………………………………………..12-13
- theoretical frame work literature review:……………13-15
2.2.i central bank of Nigeria recent policy on financial institution:…………………………………………………15-26
2.2.ii Nigeria financial review in the financial institutions:……………………………………………….27-29
2.2.iii union bank operational rules regulation and result:……………………………………………………..29-33
2.2.iv government policy and decree on financial institution:…………………………………………………33-35
2.2.v government roles in financial institution:…………..35-36
References:……………………………………………….37
CHAPTER THREE
3.0 research methodology:……………………………..38
3.1 research design:……………………………………38
3.2 population of the study:……………………………38-39
3.3 sample size determination:………………………..39-40
3.4 sampling procedure/techniques:…………………..40-41
3.6 method of data analysis:…………………………..41
CHAPTER FOUR
- analysis of data presentation of result:……………42-43
- question 2:…………………………………………43-44
- summary of result:………………………………..45
CHAPTER FIVE
- summary of the study findings:…………………..46-48
- conclusion:……………………………………….48-49
- recommendation;…………………………………49-50
- suggestion for further research:………………….50
Appendix 1:……………………………………………51
Appendix 11:………………………………………….52-53
Questionnaire:…………………………………………54
CHAPTER ONE
1.0 INTRODUCTION
Management has been defined as the process of combining and utilizing organization resource of managerial to accomplish organization objectives. It is also a process entailing responsibility for effective planning and regulation of operation in an enterprise in fulfillment of a given purpose or task. What then do we actually means by interference? Interference according to Webster’s dictionary is to take an active but unwelcome part in some else activity. In this study it has been revealed that this interference on financial institution by government as a whole is a noble in the right direct. This Niger financial system is very vibrant and highly competitive they have four basic product lines in the banking industry such as deposit base product, lending base product, fee base product, and technology base product. This was instituted by the observation during the research that financial institution benefited immensely by the government on the financial institution. It is well known fact that number of service of financial institutions offers have increased by taking a fundamental nature of their business and it remains unchanged. This has led to conclusion that management in financial institution is surrounded with risk. Management which involves mismatches of assets and liabilities and it is cost borrowing and lending on the other side. To nurture the economy is to loan the part of development that has been the role of financial institution, mostly banks which has been constrained by number of facts in to the past price.
Now the industrial sector has been characterize by massive government involvement because of weak technolocal base, lack of linkages in infrastructure and policy investment highly production cost and goods that were uncompetitive internationally. Over the entire micro economic environment was highly unstable, witnessing capital fight, high interest or inflation rates negative real growth rates and fiscal excesses. With an external debt burden of about 27.46 at the end of 1997, the repayment burden put constraint on growth. Since 1995, however the federal government has been able to store some measure of fiscal discipline through low budget deficits which achieved stable interest and exchange rates regimes while pushing down inflation to a simple digit of 8.5 percent in 1998. Aggressive reform and sanitation of the financial institution source were pursued. On the other hand little or no attention was paid to the vital area of privatization of government utilities liberalization of the economic and improvement of infrastructure. The above review of the economy has been undertaken and other financial institutions were supposed to operate and provide financial to the industrial sector.
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