Select Currency
Translate this page


Format: MS WORD  |  Chapter: 1-5  |  Pages: 75  |  334 Users found this project useful  |  Price NGN3,000





The research was based on the topic “Savings mobilization for economic Development in Nigeria Banking Industry”. In carrying out this research, I examined thoroughly. The various factors, which militates severely against the effective and efficient mobilization of domestic savings, these factors were identified to range from the level of income earned of the saver. The interest rate that the bank pays on depts of customers, to the effect of bank distress syndrome in the banking industry. Efforts were geared towards recommending various measures the bank can use to improve greater mobilization of domestic resources in our bank. The various ways through which an increase in domestic savings mobilization can also effect on increase in economic growth and development were also identified. These include granting of loans and overdraft of  deficit customer, assisting in the provision of amenities to the host community generating employment and affirming of scholarship and promotional programmes. The research was accomplished through the use of questionnaires and secondary data. The testing and analysis of relevant data obtained were done through the use of chi – square statistical test techniques.





Savings are cash or physical products set aside for future use. People in rural and other low-income communities, although poor can save when they are guided and encouraged. In rural communities, savings are made through traditional credit rotation groups or purchase of domestic animals like goats, pigs, chicken or cows. Every micro-enterprise needs injection of capital or funds which may be owner’s money or a loan. When a loan is used, it is someone else who has done the saving. Micro enterprises like other businesses convert savings of the owners and of others into investment in the generation of wealth.

Mobilization according to the Cambridge dictionary is to organize or prepare something, such as a group of people for a purpose. Although this definition is right, it lacks the sense of urgency and the connection to resource capital or money. Encarta 2009 defines mobilization as to organize people or resources in order to be ready for action or in order to take action especially in a military or civil emergency, or to be organized for this purpose. Some studies in Nigeria argue that there is need to increase the tempo of investment that would lead to higher growth rate as is the  case with Asian tiger to register in creased growth and development in Nigeria.

Soludo 1998, Ebajemito et al. 2004, world bank 2007, states that Nigeria’s investment/Gross Domestic Product (GDP) ratio which average 22.9 percent in 70’s, 16.5 percent in 80’s, 19.8 percent in 90’s is averagely below the benchmark of international investment GDP ration of 20 percent that is believed to propel an economy to the path of growth and development Usman 2007, though 23 percent on the average was attained in 200 – 2005 but drastically reduced to 12.5 percent in 2006. For instance investment GDP has never gone below 20 percent in some Asian countries like China, Korea, Malasia, Singapore and Thailand with 30.5 percent 28.4 percent, 22.9 percent, 40.5 percent, and 25.8 percent respectively, in the 70’s while in the 80’s it was 36.2 percent, 30.4 percent, 27.8 percent, 42.5 percent and 29.5 respectively. 39.1 percent, 35.4 percent, 36.5 percent, 35 percent, 27.8 percent, and 36.3 percent respectively in 90’s while averagely it is 39.6 percent, 30 percent, 23..2 percent, 22.9 percent and 25.7 percent respectively for 2000 – 2005 (World Bank 2007). Under the present economic dispensation, the companions or the drive for savings deposit has been stepped up by banks and non-bank financial institutions in Nigeria.

However, most of the voluntary and non–contractual financial savings consist of savings and time deposit. Although other types of deposit such as savings certificate, premium savings bonds play any a minor rate, banks and non–bank financial Institutions are today competing strongly among them instruments including additional frame benefits almost banks are now offering contractual forms of savings aimed at persuading depositors to invest in long term deposits. It is however not sufficient because the range and type of financial assets available are equally important. There is a wide range of savings instruments offered by banks and non-financial institutions in Nigeria today.

Another area some banks are foreseeing to mobilize funds today is the montage saving: because large number of Nigerians need accommodation of their own but find it difficult with their major income. Interest payment a demand deposits accounts has also some positive impact on the propensity to save. Bank have also been allowed by the government to open domeliary account for Nigerian exporters in which proceed of experts can be paid or saved until when they are needed.  Transaction costs related to operating a new accounts and making deposits and withdrawals are now becoming relatively easier particularly for small savers. There is also the pension scheme which seeks to induce depositors to invest small sums of money over a specified period of time in the hope of receiving a stream of benefits upon reacting the age of retirement.

Conversely the crisis of confidence in our banks is a great set back for the banking system.  In the past the majority of those who patronized the banks did so in order to find safer place for their money and for many years bank in the country were the character of currency store house. But because of the lack of confidence in banks today, sizeable amount of Nigerians keep their currency or cash at home and this marks of most of cash unpaired by the banks. This winders the financial intermediaries function of intermediation. Most of our industries depend on commercial bank assistance in form of overdraft, short term and long term loans for effective operation.


Not What You Are Looking For?

For QUICK Help Call Us Now!

+234 813 2926 373

+234 701 5050 881

Here's what our amazing customers are saying

Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Gbadamosi Solomon Oluwabunmi
Swift delivery within 9 minutes of payment. Thank you project master
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.


  • Select 3 Project Topics of your choice from your Department.
  • Submit the 3 topics to your Supervisor for Approval.
  • Call Our Instant Help Desk on 0813-292-6373 and Get Your Complete Project Material Instantly.
  • All project materials on this website are well researched by professionals with high level of professionalism.


How do i choose a Project Topic?

Look for your department and select any topic of your choice

I have a fresh topic that is not on your website. How do I go about it?

How fast can i get a complete project from your website?

Within 15 minutes if the exact project topic is on our website

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

One of your topics suites my project, but the case study is different. What do i do?

Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

How do i get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: (+234) 813-292-6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!