THE NIGERIA DEPOSIT INSURANCE CORPORATION

CHAPTER THREE

RESEARCH METHODOLOGY

3.1      INTRODUCTION

This study tends to examine the role of the Nigeria Deposit Insurance Corporation (NDIC) in the Banking System of Nigeria, in doing this, I undertook a comprehensive review of the NDIC programme from 1988 to date.

3.2      RESEARCH DESIGN

The research design is the plan of study or a plan that is used as a guide in collecting and analyzing the data for a study. The researcher used cross sectional design, which is a type of quasi-experimental design, which is a type of elements from the population of interests which are measured at a simple point in time.

3.3      SAMPLING PROCEDURE AND SAMPLE SIZE

In determining the sample size of the population, the researcher used simple random sampling method for the population of interest which was 20, the staff of Accounting Department of the Nigerian Deposit Insurance Corporation. Twenty questionnaires were administered of which eleven was returned.

3.4      METHOD OF DATA COLLECTION

Data can be described as facts observation relating to the subject of the work.

Bearing in mind the limited time in this research work the researchers intends to make use of primary and secondary methods of data collection.

Primary Source of Data

        In an attempt to be exact as possible, the researcher embarked on collecting data from the source.

        Primary data in this regard to sampled opinions of some of the senior staff in the Accounting Department of Nigeria Deposit Insurance Corporation (NDIC).

        These methods were used

QUESTIONAIRES

Questionnaires really institute the first attempt at true sealing

        Questionnaires are often divided into two parts. The first part normally is a classification. This section requires such details of the respondent such as name, sex, age, marital status and occupation. The second part possesses the questions relating to the subject matter of the information in first part.

        They administered the questionnaires to sampled population in the respondents some of the questions where closed while other was opened to allow for free expression of opinion.

Direct Interview

        As the study progressed it became obvious that the questionnaire method was not exhaustive in providing all the desired personal interviews were conducted with some of the staff of NDIC.

Secondary Data

        This relates to collection from books and publications, the researchers made used of some past related works, textbooks, journals and NDIC and CBN journals.

Data Analysis

        In order to test the fairness of sample population, test statistic concerning proportion using normal curve approximation, was considered appropriate.

        The formula is given as

        Z =   x – n po

                  Npoqo

Where

Z      = The Z score

X      = The sample proportion of successes

PO    = The know population proportion of successes

QO   = The known population proportion of failures (i.e. l-po)

N      = The sample size (i.e. the number questionnaires duly completed and returned).

        A significant level of 5% i.e. 0.05 as the critical value of Z for two failed test been used and this gives + 1.96. If the researched calculated value is greater than the critical value of Z the alternative hypothesis (Hi) is accepted and the null hypothesis (Ho) is rejected but if the calculated value of Z is less than the critical value, then the alternative hypothesis (Hi) is rejected and null hypothesis (Ho) is accepted.

CHAPTER ONE:          CHAPTER TWO:          CHAPTER THREE:    

CHAPTER FOUR:          CHAPTER FIVE:          REFERENCES:

APPENDIX:          APPENDIX 1:          QUESTIONNAIRE:

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