ABSTRACT
It could be affirmative to say that the index for
measuring any growing economy’s advancement is the extent to which its
industries both the large and small scale has been growing over time. It’s a
fact that none of these industries can grow without the required financial
assistance from financial institution. The main objective of this study is to
find out to what extent commercial banks have helped in the development of rural
Nigeria, for the period of 2005-2011. The secondary data used were GDP of
agricultural output (dependent variable) and independent variables were loans
and advances, lending rates and inflation rates, the data were collected from
CBN annual report and the bank’s annual financial reports for the study period
and were analyzed using ordinary least square regression and descriptive
statistics. The study’s findings indicate that rural transformation is
significantly influenced by loans and advances, but lending rates and inflation
rates have no influence on rural development. The study suggest that the
government should formulate more beneficial policies that will further
strengthen the roles played by these commercial banks for full development to cover
all rural areas of the federation.
CHAPTER ONE
Introduction
1.1 Background of the Study
1.2 Statement of the problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Research Hypotheses
1.6 Scope of the Study
1.7 Operational Definition of terms
1.8 Limitations of the Study.
1.9 Organization of the Study
CHAPTER TWO
Review of Related Literature
Conceptual Framework
Theoretical Framework
CHAPTER THREE
Research Methodology
CHAPTER FOUR
Presentation and Analysis of Data
CHAPTER FIVE
Summary, Conclusion and Recommendations
References