ABSTRACT

          This project is seriously discussing the function and the role of which the community bank played in Economic development in Nigeria.

          The project is specifically subdivided in to three major chapters. 

These chapters bell the roles and subdivided the role of which they played. For instance the chapter one discuss the introduction and background of his story which discuss about the history of community bank and how the community banks are being operated.

          Chapter two continues with the related review and defunction of the bank.  In this chapter the objectives of the community banks were also discussed, infact the different between the community bank and peoples bank were also expanciated upon.

          The chapter three discusses about the summary of findings, the conclusion and recommendations were also discussed.

          All these mention are discussed in this project and widely expanciated.

CHAPTER ONE

INTRODUCTION

1.1     GENERAL BACKGROUND OF THE SUBJECT MATTER

       Scriptural looking into the Bible when God created Man, He left man with a divine injunction as rewarded in the Holy Scripture, which Says, be fruitful and multiply and replenish the earth and subdue it, and have dominion over the fish of the sea and of the air.

          And every living thing that moves upon the earth (Genesis 1.28) was the command.  The wheel of change has been rolling on throughout the entire world transforming virgin lands, desert, ocean and sea to economic advantage of Man.   Nigeria was unknown then.

          The first step in the British acquisition in Nigeria Ondon who later becomewas the annexation of Lagos in 1861.  This marked the first step taken by the British Government in the 19th century to acquires economic and political domination over the people of Nigeria.