THE ROLE OF CENTRAL BANKS IN THE DEVELOPMENT OF THE FINANCIAL SECTOR (A CASE STUDY OF CENTRAL BANK OF NIGERIA.)

ABSTRACT

       In modern times, there is need for manufacturing industries to keel  proper account of inventory or stock level held by such companies. This is to enhance the efficiency in productivity. However, we could ask the question, what is inventory? Inventory would be defined as the item of property held as a stock by a firm, including finished goods held for sales, goods that will be consumed in the process of producing goods to be sold in business. The aim of this study is to highlight the inventory model to be adopted in the better management of inventory. It is also to investigate the effectiveness of inventory management and control and to examine the method of stock valuation with particular references to Nigeria Bottling company plc owerri plant.

It has been observed that out of many economic factors decreasing the production of goods and services are lack of adequate inventory control. To this effect, this report has gone a long way to suggest and recommend to all productive firms on how to improve on their inventory control in order to the present economic situation of our country. The justification for this study arises from the observation of rampart winding-up o f our industries and constant time to time production hold-up in our firms.

Although many people has suggested many other factors, such as the  following, lack of capital inflation, poor educational and technical know-how, frauds and less demand of goods produced as a result of poverty. In conjunction with all these factors, this research shows that poor control of inventor contributes to about 50% of production failure in our firms. Meanwhile, this research has a view of controlling parameters which includes the maximum level of inventory, minimum level of inventory, Re-order level, Re-order quantity delivery period etc.

TABLES OF CONTENT

Cover  page                                                           i

Front page                                                             ii

Approval page                                                               iii

Dedication                                                             iv

Acknowledgement                                                  v

Abstract                                                                vi

Table of contents                                                    vii

CHAPTER ONE

1. Introduction                                             1
   1. Background of the study                            3
   1. Statement of the problem                          5
   1. Objectives of the study                              6
   1. Research question                                     7
   1. Research hypothesis                                  7
   1. Delimitation of the study                                  8
   1. Significance of the study                            9
   1. Operational definition of terms                          10

CHAPTER TWO

• Literature review                                             13
  • Establishment of central bank of Nigeria                    13
  • Roles/functions of central bank of Nigeria            15
  • Structure of the Nigerian financial sector                    21
  • The Nigeria financial markets                             23

2.5  Monetary policies                                             27

2.6  The management of external reserves                28

CHAPTER THREE

• Research design and methodology                     32
  • Introduction                                                    32
  • Research design                                               33
  • Sources/method of data collection                     34
  • Sample technique                                            36
  • Population                                                      37
  •  sample size                                                    38

CHAPTER FOUR

• Presentation and analysis of data                       39
  • Introduction                                                    39
  • Presentation of data                                                39
  • Analysis of data                                               41
  • Analysis research question                                45
  • Interpretation of result                                     47

CHAPTER FIVE

• Summary, Conclusion and Recommendation        48
  • Summary of findings                                        48
  • Conclusion                                                      49
  • Recommendation                                             50
  • Limitation of the study                                     50

       Bibliography                                                    52

       Appendix                                                               53

       Questionnaire                                                  54