An Evaluation of the Impact of Urban Development In Project Financing In Nigeria complete project materials
TABLE OF CONTENT
PASS 2024 UTME WITHOUT STRESS:- š DOWNLOAD and PRACTICE with 2023 UTME CBT APP š±š
CLICK to DOWNLOAD NOW.:- š PASS Your POST UTME by Downloading Your School's Post UTME Past Questions and Answers š±š
Cover page
Title page
Approval page
Dedication
Acknowledgement
Table of content
CHAPTER ONE
introduction
1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Significance of the study
1.5 Limitations of the study
1.6 Definition of the terms
CHAPTER TWO
2.1 Review of related literature
Urban development bank and other development banks
Similarities Between urban development Banks
Differences Between urban development Bank and other development banks.
References
CHAPTER THREE
Research design and methodology
3.1 Source of data (secondary source only)
3.2 Location of data
3.3 Method of collection
CHAPTER FOUR
General findings
CHAPTER FIVE
Recommendation and conclusion
CHAPTER ONE
INTRODUCTION
BACKGROUND OF STUDY
In the history of Nigeria most of the government at one time or the other and also theĀ articulate member of the public have recognized the growing need of urban infrastructual development in Nigeria this can easily be inferred from the alarming rate of urbanization in Nigeria over the past few years and the continued deterioration statsĀ of urbanĀ environments and the numerous attendants problems .
The background to the settling up of the urban development Bank of Nigeria PLC can betrayed to the preparation of the third National development plan in 197475.
at that period , urbanĀ problems were b becoming more visible and important that the than federal Government had to set up a federal ministry of urban developmentĀ and the Environment.
This ministry had to b e scrapped about three years late due to the inhabit of the ministry to properly execute its operations, as a realty of the failure of conceptualization of what showed be the omission of theĀ ministry
In appreciation of the necessity to redress the situation of deteriorating state of our urban environments various committees had been setup by Government to look into the matter adequately.
These committees came up withĀ various reports and proposals to establish a commission of urban Affairs or urban development. One of these proposals gave his to the establishment in 1977 of the Nigeria state urban development programme (NSUDP) for the propose of reducing the acuteĀ shortageĀ of accommodation on the then newly created states of abaci, Bennie, Googol, IMO, Niger, Ogun and Ondo. But it was soon realized that the programme was not capable ofĀ adequately handling the problem of urban development .Ā Ā
As a result of this inadequately the infrastructure development fund (IDF) was in 1985 as a replacement for the Nigerian states urban Development programmes.
The infrastructual Development fund soon ran into troubled waters in order to find a permanent (or lasting solution to the problem, government accepted the proposal of developing a financial structure based on local initiatives and resources for urban development with increased value of financial discipline.
Hence, the urban development bank of Nigeria plc was established under decree No 51 of 1992, better known as the urban development bank of Nigeria decree of 1992.
In conclusion, the urban development Bank of Nigeria plc was established and charged within the promotion and development of urban centers through the provision of financial credit on along term basis to states, local government and private sectors for the purpose of the urban project financing.
The bank expected to finance projects on urban infrastructure, urban general economic development project, social projects and institutional development.
1.2 STATEMENT OF PROBLEMĀ Ā Ā Ā
Ā The supply, upkeep and systematic expansion of various categories of infrastructual is of great importance to any programme of urban enhancement.
It is therefore not far-fetched for the reason behind section3 of the enabling decree establishing the urban development bank of Nigeria plc which categorically states that the āfaster the rapid development of urban infruacture throughout the federation through the provision of finance and banking servicesā.
To be able to fully comprehend his objective of the bank, it is quite pertinent to comprehend the nature of infrastructure. Infrastructure is basically social overheadĀ capital which needsĀ to be differentiated from directly productive activities. According to Hirsman, āsocial overhead capitalĀ exhibits the following characteristics:
(a) The services cannot be importedā according to Mabogunje āNigeria is recognized as one of the countries in Africa with a relative high level of urbanization.
(b) The services are predicted in practically all countries by public agencies or by private agencies subject to some public control they are provided free of charge or at rates regulated by public agencies.
(c) The services they facilitates or are in same sense basic to the carrying on of a great variety of economic activities. In respect of cities with at least half a million people, Nigeria has nine (9) out of the total in substance Africa as at1987, many activities in Nigeria today have along history, many of them developing from one area of long winding streets and roads with attendant poor housing to another.Ā
Infact the system of indirect rule used by our colonial masters meant that little attention was given to deals of administration as long as the paramount ruler was able to collect taxes from his subjects. But this nonetheless, colonial masters had interest in some Nigeria cities for the purpose of providing decent residential area for the Europeans.
In 1977, Lord Luggard categorized Nigeria n cities into three (3) classes, on the ability of those cities to raise funds and provide their infrastructualĀ needs.
1.3 OBJECTIVE OF THE STUDY.
The purpose for which the writer decided to undertake this study is listed bellows.
1. To review the sources of funds available to the urban Development Bank of Nigeria plc.
ii To identify the various types of project financed by the urban Development Bank of Nigeria.
iii To found out extent of participation in projects by the urban Development Bank of Nigeria.
iv To evaluate the impact of urban Development Bank of Nigeria on the Nigeria Economy.
v To review how the urban Development Bank of Nigeria grants loans to its customers.
To its identify performance of urban development bank of Nigeria to assess the effects of government polices on the operations of urban development bank of Nigeria .
To make recommendation based on the findings of the research. .to see if management of urban development bank Nigeria is making inadequate investment with mobilizes funds.
CLICK HERE TO DOWNLOAD THE COMPLETE MATERIAL (CHAPTER 1 -5)
>GUARANTTEE|:| Score 280 Above in 2024 UTMEš DOWNLOAD FREE JAMB CBT APP HERE:.: GURRANTTEE Score 280 Above in 2022 UTMEš DOWNLOAD FREE JAMB CBT APP HERE š±šWISH TO STUDY & LIVE in UK?:- STUDY, WORK AND LIVE IN the UK Application Form NOW OUT. Call 08030447894
