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Business Administration Project Topics

Manpower development and productivity in tertiary institutions in nigeria (a case study of federal Polytechnic, oko.

Manpower development and productivity in tertiary institutions in nigeria

(a case study of federal polytechnic, oko).

TABLE OF CONTENT

 

CHAPTER ONE

1.0    INTRODUCTION                                                   1

1.1    Background of the study                                      3

1.2    Statement of the problems                          5

1.3    Purpose of the study                                            5

1.4    Significance of the study                                      6

1.5    Research Questions                                             7

1.6    Scope of the study                                                8

1.7    Definition of terms                                               8

CHAPTER TWO

Literature Review                                                 10

2.0    Introduction                                                         10

2.1    The concept and definition of manpower

development                                                         12

2.2    Objectives of manpower development                  15

2.3    Usefulness of manpower development                 21

  • Types of manpower development 22
  • Summary of literature review 23

 

CHAPTER THREE

3.0    Methodology                                                         24

  • Brief Outline of the Study 24
  • Design of the Study 25
  • Area of the Study 25
  • The Population of the Study 26
  • Sample size 26
  • Instrument for Data Collection 28
  • Validation of the Instrument 29
  • Distribution and Retrieval of the Instrument 29
  • Method of Data Analysis. 30

 

CHAPTER FOUR

4.0    Data Presentation and Analysis                           31

 

CHAPTER FIVE

5.1    Summary of Findings                                           38

5.2    Conclusion                                                           40

5.3    Recommendations                                               41

5.4    Limitations of the Study                                      46

  • Suggestion for Further Study 47

Appendix                                                              48

Questionnaire                                                      49

References                                                            51

 

                                                                           Abstract

One of topical issues of discussion these day in most organization is manpower development and its retention to increased productivity. This project is geared towards studying manpower development and productivity in tertiary institutions using the federal polytechnic oko as a case study. The research exhaustively explained the concept of manpower development and it’s application to any organization. However in the course of this study, it was discovered that one of the major reasons on low performance on the part of many employees in the higher institutions is that most of them in key areas have not been well equipped with proper skills or knowledge to enable them effectively handle the responsibility assigned to them. Also discovered as hindering to increased productivity is the inability of the institution to retain the staff already equipped with specialized skills, therefore, this research report stands to recommend ways through which manpower development and its eventual productivity should be given serious attention they deserve. The literature review and the theoretical framework provided in this study only served as an ideal against which the overall manpower development effort and all other process that go with it in any organization and federal polytechnic oko, to be specific can be assessed. Information and other materials therein were obtained directly through documentary source, personal interview and questionnaires for originality for adequacy, which formed the based for the findings and recommendations therein.

CHAPTER ONE

1.0   INTRODUCTION

        No organization has ever succeeded without human effort, in fact, human effort is undoubtedly the sine-qua-non for the extent to which the set goals of this organization are realized or not realized. This is simple because every other resource that contributes the organizational goal attainment are initiated and determined by the person who make up the organization.

Onah (1995), quoting Oguyi emphasize the importance of manpower in nation building. He says that:

No nation in the world can carry out any of its development, programme without adequate and competent manpower. The vital role of manpower comes into focus both in time of peace and when nation is at war. Qualified manpower is not only the critical but a measure of nation strength, security and well being.

The human resources of a nation hold the key to its survival, prosperity and future economic and social development.

The realization of the above fact explains the pre-occupational of every management with some personnel functions, recruitment, employer/labour relation, welfare, reward and punishment of the workforce to enhance productivity. However, manpower development and its eventual management do not seem to have received the attention they deserve. Thus the genesis of the problem of low productivity may well lay with the manpower development strategies of the organization and also eventual inadequacy. How a the management of Federal Polytechnic Oko has carried out these aspect of personnel functions to facilitate the day to day running of the school is the focus of this work.

 

1.1   BACKGROUND OF THE STUDY

The school was established in 1981 through the collective effort of the community as a self-help project. It is located in Orumba North Local Government Area of Anambra State. Under the regime of Dr. Alex Ekwueme who was the former civilian vice president of the Federal Republic of Nigeria. The institution was formally known as college of Arts and Science in 1979.

Thereafter, it was upgrade to college of Arts, Science and Technology in June 28th; 1980. The college was formally formalized as Anambra State Polytechnic Oko (ANAMPOLY). It is today known as Federal Polytechnic, Oko.

There was low level of productivity and development in the institution then, but today with the effort of Prof. Godwin Onu, the Rector Federal Polytechnic Oko there are a lot of changes and rapid development in the institution.

 

 

 

1.2   STATEMENT OF THE PROBLEMS

Manpower Development and productivity in Federal Polytechnic, Oko has been very poor due to the reasons of administrative inefficiencies like

  1. Financial in adequace for staff training and development.
  2. Lack of conducive classroom for students.

 

1.3   PURPOSE OF THE STUDY

The research was undertaken to study manpower development and productivity using the Federal Polytechnic Oko as a case study to achieve the following.

  1. To find out the extent to which the institution promotes manpower development.
  2. To find out the relationship between training and productivity in the institution.
  • To discover the effect of staff training development on career expectation and job mobility.

 

1.4   SIGNIFICANCE OF THE STUDY

        This study is significant in three ways; it serves are fulfillment of the requirement for the award of Higher National Diploma (HND) in public administration.

It will contribute to the body of knowledge on the topic academically.

The findings and recommendation in the work can be valuable as a guide in formulating manpower development and productivity policies for Polytechnics institution in the country.

 

1.5   RESEARCH QUESTION

1)      Do the staff of Federal Polytechnic Oko go for training from time to time?

2)      What do you consider to be the major problem facing Federal Polytechnic Oko?

3)      Can training programme improves the performance of Federal Polytechnic Oko?

4)      What is the attitude of the management towards training and development of staff of Federal Polytechnic Oko?

5)      Are staff of Federal Polytechnic Oko return from training effectively utilized?

  • SCOPE OF THE STUDY

This study is confined to only manpower development and productivity in the Federal Polytechnic Oko.

 

1.7   DEFINITION OF TERMS

        This research work may not be undertaken successfully without attempt to define key concepts as they are used in this study for proper conceptualization.

CIVIL SERVICE –     According to Ugbo (2008), she says, civil service is that component of the large public services which is centrally placed to provide guidance, advice, general supervision and co-ordination of government operations- both at the state and federal levels.

PUBLIC SERVICE: Public service is different from civil service embraces the civil service and other paratatals, commission and agencies of government services to the public.

TRAINING: It is a process by which employees systematically acquire basic skills, knowledge and attitude for efficient performance of their duties. Training enables employees to unlearn undesirable job behviour and to learn or relearn acceptable job behaviour, normal and practices for through job performance. Training seeks relatively performance change in the individual that will improve his or her ability to perform on the job.

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Global financial meltdown and its effects on nigeria banking sector (a case study Of intercontinental bank And first bank plc)

Global financial meltdown and its effects on nigeria banking sector

(a case study of intercontinental bank and first bank plc)

TABLE OF CONTENT

 

CHAPTER ONE       

INTRODUCTION                                            1

1.1   Background of study                                     1

1.2   Statement of the problem                              6

1.3   Purpose of the study                                     7

1.4   Significance of the study                               8

1.5   Research Question                                        9

1.6   Scope of the study                                         9

1.7   Definition of terms                                        10

 

CHAPTER TWO

LITERATURE   REVIEW                                 12

2.1   The Origin of Global Meltdown                       13

2.2   The coming economic meltdown in Nigeria     15

2.3   Causes of Economic Recession                      22

2.4   Nigeria Banks and Capital Market                 27

2.5   Nigeria: How Economic Meltdown is affecting 35

2.6   The Global Economic meltdown and Banking

in Nigeria                                                     39

2.7   Panic comments of the banking sector           48

2.8   Summary of literature review                        51

 

CHAPTER THREE

3.0   Research Methodology                                  53

3.1   Brief outline of the study                               53

3.2   Design of the study                                       53

3.3   Area of the study                                          54

3.4   Population of the study                                 54

3.5   Sample of the study                                      55

3.6   Instrument for data collection                       55

3.7   Validation of instrument                               56

3.8   Distributions and retrieval of the instrument 56
3.9   Method of data analysis                                57

 

CHAPTER FOUR

PRESENTATION AND DATA ANALYSIS           58

Discussion of the findings                              68

 

CHAPTER FIVE

5.1   Summary of findings                                     71

5.2   Conclusion                                                   73

5.3   Recommendation                                          74

5.4   Suggestion for further research                     75

5.5   Limitation of the study                                  76

References                                                   77

Appendix                                                      79

Questionnaire                                               80

 

 

 

 

Abstract

Both developed and developing countries around the world have been worried over the effect of the global financial crisis on their local economics. One would have noticed that nigeria is not exempted from the crisis. This is the major reason why this project was embarked upon to ascertain the effects of this global financial crisis on our economy but with the banking sector as our case study. The problem caused by this global financial crisis on our econoy and especially the banking sector cannot be over emphasied. The problems typically include increase unemployment, decreased consumer and business spending, declining stock prices, depreciation of naira against foreign currencies, sharp fall in the prices of shares and many more. The purpose of this research is to evaluate the effect of this global financial crisis on the banking sector and economy at large. For the purpose of this, this research, the method of questionnaire was used for data analysis was percentage formula and any percentage that is more than fifty (50) percent is accepted while below is not. The finding were that the crisis has really affected the nigerian banks negatively and the nigerian stock exchange as well, because of the trend continue, i am afraid most of them will go out of the business. Recommendation was also given that the economy should be diversified and that the activities of these banks should be checked to prevent mismanagement.


CHAPTER ONE

INTRODUCTION

  • BACKGROUND OF THE STUDY

Without being told every one whether educated or not would have understand by now that something is terribly wrong with the economy of the nations of the world, the center in the media of every nation both national and international. The pertinent questions one may ask are, what is it all about? How did it come about? How are we affected as an individual and as a nation? How is one nation and the world responding to it? How can we find our way out of the problem caused by the crisis?

Economic meltdown is a situation where the economic activities of a nation is totally paralyzed and recessed.

According to Onuigbo (2007) economic meltdown could be called economic “go slow” just as traffic I am bring vehicle movement to a half, so does economic meltdown literally bring an economy to a stop. The resultant effects are many.

Broadly defined, a recession as a downturn in a nation economic activity. The consequences typically include increased unemployment, decreased consumer and business spending and declining stock prices.

Improvement in technology has brought the entire world into a “global-village” this is the reason for the fast spread of the current global economic meltdown across the nations of the world.

 

ORIGIN OF THE CURRENT GLOBAL ECONOMIC MELTDOWN

There is a wide view that the current crunch all over the world has its root from the mortgage market crisis in the united state of America (U.S.A) between 2005 and 2006, the mortgage market in the united state was highly fulled by what they refer to a “sub-prime lending” sub-prime lending is the practice of lending, mainly in the form of mortgages for the purpose of residence to borrowers who do not meet the usual criteria of borrowing unfortunately, bad debt become rampant due to borrowers inability to repay the loan, thus lead banks rite finding a possible means of reducing their leverage ratio by raising more money.

As a stock brokers found out that the bad loans the banks and other lending institutions were carrying, they pulled their money from the banks. And the markets become worse. This has since frozen the American financial system and like a wide fine spread to the four corners of the earth.

The effects of this ongoing global economic crisis on the Nigerian economy especially the banking sector cannot be over emphasized. The current situation of our economy is a wind that blows no one good, in his address to the ministers at the first federal executive council meeting in 2009, late president Yar’Adua overtly admitted that the impact of global financial meltdown had already been notice in Nigeria (internal source).

The effect has spread to Europe, Japan, Asia, Africa, Latin, America and other parts of the world. An estimated US $1.7 trillion in bail out funds has already been committed but we are yet to see the end of the tunnel not to talk of any light in it. According to a report the world stands in need of a staggering US $4 trillion to fully resolve this crisis. Both developed and developing countries around the world have been worried over the effect of the global financial crisis on their local economics.

Hence is the current situation. At present most of the revenue funds of the Nigeria comes from the oil. Nigeria sells its oil to the west and uses that money to drop its existence. Nigeria does not generate independence revenue to maintain the Nigeria economy as a result of the financial meltdown.

 

  • STATEMENT OF THE PROBLEM

From the background of the study above, it is evidence that the ongoing financial crisis has really affected our banking sector and the economy generally. Before now, the prices of oil continue to dip from a high of more than $140 per barrel mid year of 2008 to 40, which is below of what is budgeted in the year budget.

The global economic environment is changing turn oil in the global financial market is deepening into recession across the world our recent gains in economic growth and macro economic stability may be unreaged by sustained fall in oil prices.

Nigeria is a single product economy, so whether money we get as a nation is determined by the price of oil so it very clear that this is an austerity priority the implication for banking industry is that the liquidity will be greatly impacted.

 

1.3 PURPOSE OF THE STUDY

The purpose of this research is to evaluate the effect of global financial crisis on the banking sector and the economy at large.

For proper evaluation and the effect especially the study is to examine

  1. The origin of global financial crisis
  2. The causes of global financial crisis
  3. The level of its effect on our economy specially the banking sector
  4. The individual effect in terms of employment of their financial crisis.

 

  • SIGNIFICANCE OF THE STUDY

The essence or important of this research is to explore the effect of the current global financial crisis and to also proffer an everlasting solution to it in form of recommendations.

At the end of this research, both those in government and those in private organization (banking sector) will benefit from it because many suggestion will be made that if well followed, will remedy the effect of this financial crisis in their various fields.

  • RESEARCH QUESTIONS

For proper investigation of the subject matter, the following research questions are used to guide the researcher

  1. What is the beginning of this financial crisis?
  2. What are the causes of this global financial crisis?
  3. What are the effect on the banking sector of our economy?
  4. What are the individual effects of this financial crisis based in the employment and others and solutions?

 

  • SCOPE OF THE STUDY

The research is meant to deal with the effect of global financial crisis on Nigeria especially the banking sector of the economy. Be that as it may, some selected banks in Nigeria will guide us to achieve that.

This study is limited to intercontinental bank plc and First bank all operating in Nigeria banking sector of the economy.

 

  • DEFINITION OF TERMS

In the process of writing this research some technical terms were used for simplicity, those terms that may hamper the readers understanding of the report are explained, as they are meant to be understood by the reader meltdown a serious accident in which the control part of a nuclear reactor mew’s causing harmful radiation to escape

RECESSION– A difficult time for the economy of a country than usual and more people are unemployed.

MORTGAGE – A legal agreement by which a bank or similar organization lends you money to buy a house etc and you pay the money back over a particular number of years.

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Branch Location: Enugu State,Nigeria.

Account Name: Chi E-Concept Int’l

 Account Number:  0117780667. 

Swift Code: GTBINGLA  Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS CALL OUR  CUSTOMERS CARE  OKEKE CHIDI C ON :  08074466939,08063386834. AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO 08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT. WE HAVE SECURITY IN OUR BUSINESS.   

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Business Administration Project Topics

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Account Name : Chi E-Concpet Int’l
Account Number:
 0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

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Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. 

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PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

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