SPIRAL GROWTH OF BANKS IN NIGERIA. MANPOWER PROBLEMS AND SOLUTIONS.

A research into the spiral rgowth of banks in Nigeria: manpower problems and solutions, cannot be over emphasized. In pursuance of this investigation the researcher formulated four research objectives, utilized library and sample survey techniques. Data were gathered through primary and secondary sources and were then analyed using tabular and textual modes of data presentation. The major finding of the research was the institutional arrangements available to the banking industry to train and develop it manpower in order to match the growth in order to match the growth in the industry are adequate and sufficient. It was further discovered that the problems being encountered by banks due to inadequate manpower included frequent roaching of professionally trained stuff, high compensation levels, considerable dilution of standards, high and indespread non utilization of modern management techniques, poor banking services and weak internal control. Others include bad loan portfolio problems, contravention of statutory regulations, unethical credit policies and other unacceptable practices. Some recommendations were made which if implemented would guarantee an abundant and professionally trained manpower for the banking industry.