ABSTRACT
This study examined the effect of bank consolidation on managerial roles and commitments,
performance, employment of human resources, worker job satisfaction, shareholders wealth value
creations and commercial borrower welfare in commercial banks in the Nigeria’s Niger Delta region. The
study adopted the survey research design and oral interview. The respondents were drawn from managers,
non-managers, commercial borrowers and shareholders of commercial banks in Nigeria’s Niger Delta
region. A sample size of 730 respondents was used for the study. Data collection was through
questionnaire structured in five point Likert-scale and oral interview. The reliability test was by Cronbach
alpha correlation at 0.97. Six hypotheses were stated and analysed using the Chi-square ( x2 ) statistic. The
results from the study reveal that bank consolidation had significant positive effect on managerial roles
and commitment of commercial banks in Nigeria’s Niger Delta region. Bank consolidation had significant
positive effect on performance of Nigerian commercial banks in the region. Bank consolidation had
significant negative effect on employment of human resources in Nigerian commercial banks in the
region.
Bank consolidation had significant negative effect on worker job satisfaction in commercial banks
in the region. Bank consolidation had significant positive effect on shareholder wealth value creation in
commercial banks in the region. Bank consolidation had significant negative effect on commercial
borrowers’ welfare in commercial banks in the region. The conclusion of the study is that, though bank
consolidation exercise had significant positive effect on managerial role, commitment and performance as
well as shareholders’ wealth value creation in commercial banks in the Niger Delta region, it had
significant negative effect on human resources employments, workers job satisfaction and commercial
borrowers’ welfare. The study therefore recommends that for the region’s industrial base to grow,
government should implement policies that will enhance employment creation. Also, policy framework
that will enhance growth of consolidated banks in Nigeria should be pursued.
