Brief Introduction

It is an accepted fact in Economic discourse that intermediaries such as Banks and Non-Bank financial institutions exist to ensure the transfer of financial surplus units to financial deficit units in any economy. Financial intermediaries make these funds available to deficit units or more broadly borrowers. In the process of inter-mediation, the financial intermediaries incur costs and even losses. Hence the need to sustain investor confidence in the system through the provision of adequate controls.

The need for an effective and efficient system of debt administration, control, and recovery is today of central importance to institutional lenders. We have come a long way from the days of easy and cheap money supply of the 1970s. People will recall the halcyon era of the Udoji awards and oil boom when absorptive capacity was low and economic activity was essentially cash and carry. That was the era of “armchair” banking.

Not so in the Shagari era of the early 1980s when the bubble burst and economic stabilization measures were introduced. Money became tight and defaults in loan obligations started. Today institutional lenders are groaning under the weight of massive volumes of non-performing assets. Total bank credit to the domestic economy rose by 83.5% from 18.47 billion in December 1989 to 33.0 billion in September 1990.

Table of Contents

Title Page i
Approval Page ii
Certification iii
Dedication iv
Acknowledgment v
Abstract vi
Table of Contents vii

CHAPTER ONE: INTRODUCTION
1.1 Background of the study 1
1.2 Statement of the problems 2
1.3 Purpose̸ Objective of the study 3
1.4 Research Questions 4
1.5 Research Hypothesis 5
1.6 Significant of the study 6
1.7 Scope of the study 7
1.8 Limitations of the Study 8
1.9 Definition of terms 9

CHAPTER TWO: LITERATURE REVIEW
2.1 Theoretical Framework 9
2.2 Government control over credits 23
2.3 Credit Administration in Union bank of Nigeria plc 26
2.4 Lending and Credit Analysis 29

CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY
3.1 Research Methodology 36
3.2 Research Design 36
3.3 Area of Study 36
3.4 Population for the Study 36
3.5 Sample Size Used 36
3.6 Instrument For Data Collection 38rn
3.7 Validation of the instrument 39

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Data presentation and summary of findings 41
4.2 Provision and Analysis of Data Question 46
4.3 Test of Hypothesis 51

CHAPTER FIVE: SUMMARY OF FINDINGS, RECOMMENDATIONS, CONCLUSION
5.1 Summary of Findings 59
5.2 Recommendations 60
5.3 Conclusion 62
Appendix 64
Bibliography