ABSTRACT
In all nations, the manufacturing sector is the life wire of economy of a nation development. Manufacturing is also a nation Describe as transformation of raw materials into finish goods which can export to other nations whereby earning or improving our foreign exchange reserve.
The study investigated the impact of high bank lending rate on manufacturing sector of the Nigeria economy. The research discovered that there is no positive relationship between high cost of funds and capacity utilization. It also that the firms due to the high bank lending or repair obsolete machines or service it.
Data for this study was collected through secondary sources. Which were from journals and textbooks. Based on findings of the researcher is able to study such as:
- The government should make mandatory policies requiring banks to lead to manufacturing firms at a lower rate.
- Banker customer relationship in Nigeria should be highly improved to restore the customer confidence in the banking systems.
- The federal government with urgency should do all to salvage the naria value.
TABLE OF CONTENT
TITTLE PAGE II
APPROVAL III
DEDICATION IV
ACKNOWLEDGEMENT V
ABSTRACT VI
TABLE OF CONTENT VIII
CHAPTER ONE
1.0 INTRODUCTION 1
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF THE STUDY 3
1.3 OBJECTIVE/PURPOSE OF THE STUDY 3
1.4 SCOPE/LIMITATION OF THE STUDY 5
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 INTEREST RATE 9
2.2 IMPORTANT OF INTEREST RATE 9
2.3 DETERMINANT OF INTEREST RATE 11
2.4 THE EFFECT OF INTEREST RATE ON BANKS 13
2.5 THE ROLE OF MANUFACTURING SECTOR IN THE ECONOMY DEVELOPMENT OF NIGERIA 15
2.6 CONSIDERATIONS IN DETERMINING A BANK LENDING POLICY 16
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 SOURCE OF DATA (SECONDARY ONLY) 20
3.2 LOCATION OF DATA 21
CHAPTER FOUR
FINDING 23
CHAPTER FIVE
RECOMMENDATION AND CONCLUSION
5.1 RECOMMENDATION 25
5.2 CONCLUSION 27
