THE APPRAISAL OF DR. LAMIDO SANUSI’S BANKING POLICIES TOWARDS BANK CONSOLIDATION AND EFFICIENT SERVICES DELIVERY IN NIGERIA BANKING INDUSTRY

ABSTRACT This paper focuses on the recent Sanusi’s banking sector policies towards bank consolidation and efficient services delivery in Nigeria banking industry.  One of the most challenging debates of modern history is whether financial development causes economic growth or a consequence of economic activity. There are on-going reforms in the sector in Nigeria, thus the importance of a review of the various reforms. Evidence as to whether and how reforms are remedying the traditional weaknesses of the Financial Sector is so far limited in Nigeria. Ongoing reforms to improve banks’ corporate governance and internal systems suggest that the prospects for the financial sector to perform profitably and prudently, while reducing volatility in the system exist. The paper adopts an empirical review approach for its analysis. Paper suggests therefore, that the present reforms be reviewed and sustained in an orderly manner, for appropriate channeling of resources for investment and productive purposes. Efforts should be concentrated on the linkages of the sector with macro accounts and where financial development appears to have been the weakest. Furthermore, advancement of the financial sector vis-à-vis instruments should be the primary focus for the authorities. A counterfactual feedback mechanism should also be integrated within the financial sector for an appropriate signaling for the economic productive base.
TABLE OF CONTENTS TITLE PAGE ACKNOWLEDGEMENT DEDICATION ABSTRACT TABLE OF CONTENTS
CHAPTER ONE  INTRODUCTION 1.1 ORIGIN OF NIGERIA BANKING SYSTEM 1.2 SCOPE OF PAPER  1.3 DEFINITION KEY TERMS CHAPTER TWO NIGERIAN BANKING INDUSTRY: PRE SANUSI ERA 2.1 EVOLUTION OF NIGERIA BANKING INDUSTRY 2.2 SOLUDO'S REFORMS OF BANKING SECTOR
CHAPTER THREE A REVIEW OF SANUSI BANKING REFORMS ANDPOLICIES 3.1 SANUSI'S POLICIES AS CBN GOVERNOR 3.2 POSITIVE EFFECTS OF SANUSI'S BANKING POLICIES 3.3 NEGATIVE EFFECTS OF SANUSI'S BANKING POLICIES
CHAPTER FOUR SUMMARY AND CONCULSION 4.1 CONCULSION 4.2 SUMMARY AND RECOMMENDATION