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 PAGEII
APPROVALIII
DEDICATIONIV
ACKNOWLEDGEMENTV
ABSTRACTVI
TABLE OF CONTENTVIII
CHAPTER ONE
1.0INTRODUCTION1
1.1BACKGROUND OF THE STUDY1
1.2STATEMENT OF THE STUDY3
1.3OBJECTIVE/PURPOSE OF THE STUDY3
1.4SCOPE/LIMITATION OF THE STUDY5
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1INTEREST RATE9
2.2IMPORTANT OF INTEREST RATE9
2.3DETERMINANT OF INTEREST RATE11
2.4THE EFFECT OF INTEREST RATE ON BANKS13
2.5THE ROLE OF MANUFACTURING SECTOR IN THE ECONOMY DEVELOPMENT OF NIGERIA15
2.6CONSIDERATIONS IN DETERMINING A BANK LENDING POLICY16
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1SOURCE OF DATA (SECONDARY ONLY)20
3.2LOCATION OF DATA21
CHAPTER FOUR
FINDING23
CHAPTER FIVE
RECOMMENDATION AND CONCLUSION
5.1RECOMMENDATION25
5.2CONCLUSION27