Effects Of Commercial Banks Credit To Small Scale Industries On Economic Growth In Nigeria
ABSTRACT
Finances is crucial to any investment decision, this study
however examined the effects of commercial banks credit to small scale
industries on the Nigeria economic growth. The purpose of this study was to
ascertain the effect of commercial bank credit to small scale industries in
Nigeria and how it affected the Nigeria economic growth. However, the
methodology adopted in this study was the use of secondary data, were OLS
regression model was used to test and analyzed the data collected. The study
found out that commercial banks credit has not contributed significantly on the
output level of the small scale industries and growth of Nigeria economic
growth, the reason being that commercial banks do not grant credit facilities
to small scale industries rather, they prefer granting to large industries who
return high profit to them. Therefore, we recommend that small scale industries
should be given priority attention by the federal government and commercial
banks in terms of credit and funding.
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NDUKWE, A (2023). Effects Of Commercial Banks Credit To Small Scale Industries On Economic Growth In Nigeria. Repository.mouau.edu.ng: Retrieved Dec 22, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-commercial-banks-credit-to-small-scale-industries-on-economic-growth-in-nigeria-7-2
ANDREW, NDUKWE. "Effects Of Commercial Banks Credit To Small Scale Industries On Economic Growth In Nigeria" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 04 Oct. 2023, https://repository.mouau.edu.ng/work/view/effects-of-commercial-banks-credit-to-small-scale-industries-on-economic-growth-in-nigeria-7-2. Accessed 22 Dec. 2024.
ANDREW, NDUKWE. "Effects Of Commercial Banks Credit To Small Scale Industries On Economic Growth In Nigeria". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 04 Oct. 2023. Web. 22 Dec. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-commercial-banks-credit-to-small-scale-industries-on-economic-growth-in-nigeria-7-2 >.
ANDREW, NDUKWE. "Effects Of Commercial Banks Credit To Small Scale Industries On Economic Growth In Nigeria" Repository.mouau.edu.ng (2023). Accessed 22 Dec. 2024. https://repository.mouau.edu.ng/work/view/effects-of-commercial-banks-credit-to-small-scale-industries-on-economic-growth-in-nigeria-7-2