Monday 19 November 2012

BANK LOAN

The Nigerian economy used to be driven by industries and small and medium scale enterprises. But as power generation continued to drop and government policies started favouring importation of goods that could be produced locally, those enterprises seemed to be fading away with thousands of jobs lost every year.
Most of the small and medium scale enterprises in the country are suffering from lack of enough capital for sustenance and expansion while commercial banks in the country make it difficult for them to access loans.
Small and medium scale enterprises can drive the Nigerian economy if they are encouraged to thrive and in turn create employment opportunities for millions of Nigerians.
It is in the light of this that I prescribe that each bank in the country shall dedicate 30 percent of its funds to lending by Small and Medium-scale Entrepreneurs (SMEs), at a reasonable single-digit interest rate. With this, the economy of Nigeria will definitely experience a turn-around in a short period of time.

CONTENTS
 INTRODUCTION
 BANK LOAN                                                       THE CONSTITUTION
AWARDS                                                              SCHOOL OF LEADERSHIP
PRODUCTION REGULATION                         EXECUTIVES SALARIES
GOODS IMPORTATION                                   LEGISLATORS SALARIES
STATE OF ORIGIN                                             NATIONAL ASSEMBLY
CONTESTING ELECTIONS                              CHARACTER CERTIFICATE
TRUE FEDERALISM                                         ELECTION TRIBUNALS
STATE POLICE                                                   TERM DURATION
STATE POLICE ABUSE 
THE POLICE BARRACKS                                LIFE IMPRISONMENT
SECURITY VOTE                                               ANTI- CORRUPTION COURTS 

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