Measures Necessary To Minimize The High Incidence Of Bad Debts In Nigeria Commercial Banks.

INTRODUCTION.1.1 BACKGROUND OF STUDY.         A Bank economic purpose is to act as a financial intermediate it facilities the process of channeling savings into investments and one of the avenue of realizing this objective is by lending effectively.        It was recommended amongst others that state owned commercial banks should be effectiveness Banks should use the services of external consultants to manager collect the debts on account classified as doubt fill and prevent the diversion of funds by some borrower, the banks should try as much as possible to deal directly with contractors or s…