Prof. Samuel M. Nzotta


Prof. Nzotta M Samuel



Prof. S. M. Nzotta was born at Aba, Abia State on February 8, 1957. He started primary school at Holy Trinity Primary School Calabar in 1963. Due to the outbreak of the civil war, he proceeded to his hometown Ihie, Isiala Ngwa Abia State where he concluded his primary education at St Barnabas Primary School, Ihie in 1969. On completion, he proceeded to lhie High School in 1970 and later Eziama High School, Aba where he obtained the West African School Certificate in 1974. Thereafter he started working as an Auxiliary Teacher with the then Imo State Teachers Service Commission Aba, in 1974. He left in 1975and joined the then International Bank for West Africa (Afribank Nigeria Plc) as a Clerical Officer in 1975.In 1977 he entered the University of Nigeria Enugu Campus to read Finance, and he graduated in 1981 with a Second Class Upper Degree. He did his NYSC with the First Bank of Nigeria Kano between 1981 and 1982 and in 1982 he joined Afribank Nigeria Plc as an officer. In between his working life, he studied for a Master of Business Administration University of Benin (1986 – 1988).In 1985 he was appointed a branch manager and managed the bank’s (Afribank) branches at Agenebode (1985 – 90) Urualla, 1990 and Uyo 1990 – 1992. He also served as an inspector with the bank (1992 – 1993).During the period he was at Uyo, he commenced the course of study leading to a doctorate degree in Banking. He later left the bank Essence Management Consultants Lagos 1994 – 1995 as the Managing Partner and Principal Consultant.

In 1995 Prof. S. M. Nzotta was appointed a lecturer at the Federal University of Technology, Owerri and promoted a Senior Lecturer in 1999. He graduated with a Doctor of Philosophy Degree in Banking in 1997/98. He was made a Reader in 2003 and Professor in Banking and Finance 2009.

Prof. S. M. Nzotta has published four reputable books in Finance and Management. He has also authored numerous Journal Articles and book of readings.

In addition to his academic pursuits, he has held many management positions in FUTO. He was the Coordinator FUTO Extension Services, Owerri Centre 2001 – 2002 and the Deputy Director FUTO Extension Services 2001 – 2002, Director FUTO Consult Ltd 2002 – 2006. Head of Department of Project Management Technology FUTO 2008 – 2010 and currently the Dean School of Management Technology FUTO 2011 to date. He teaches, Accounting, his research interests is in Portfolio Management and Bank restructuring.

Academic and Professional Qualification

  • Eziama High School, Aba 1970-1974 WASC
  • University of Nigeria, Enugu 1977-1961 B.Sc (Hons) Finance Campus(Second Class Upper)
  • University of Benin, Benin 1986-1988 Master in Business Admin.
  • Federal University of Technology, Owerri 1990-1998 Ph.D in Banking & Finance
  • Member, Nigerian Institute of Management (AMNIM)
  • Chartered Institute of Bankers (ACIB 1) (Part Qualification)
  • Institute of Chartered Accountants of Nigeria (Part Qualification)
  • Member, Chartered Institute of Administration (MCIA)

Membership of professional bodies

  • Branch Manager, Afribank Nigeria Plc, Agenebode/Uyo (1985-1992)
  • Principal Consultant, Essence Consultants Nigeria, Lagos (Management Consultants) 1993-1995.
  • Executive Director, Essence Finance Ltd. Lagos 1993-1995
  • Director, Amaoji Community Bank, Amaoji Isiala Ngwa 1995-1996
  • Consultant, National Association of Small Scale Industrialist, Abia State Chapter(Youth Empowerment and Business Development Schemes) Aba,1993-1994.
  • Resource Person/Consultant, Niger Delta Development Commission, Development of the NDDC Master Plan Project on Agriculture and Aquaculture for the Niger Delta States 2002/2003.
  • Resource Person, Technology Business Incubator Project, Aba, Federal Ministry of Science and Technology, Implementation of Training Programmes on Small Business Management, Industrial Development, Youth Empowerment & Job Creation 1999-2003.
  • Managing Consultant, Essence Consultants, Lagos, Implementation of Training Programmes on Youth Empowerment, Job Creation and Conflict Resolution, Owerri, 1993-1994.
  • Managing Consultant, FUTO Consult Ltd. Owerri, Implementation of FADAMA II Project Economic Studies and Community Development Programmes for Imo FADAMA Project, 2003-2004.
  • Resource Person, Workshop on Revenue Mobilization in the Local Government Areas, Owerri, Revenue Mobilization and Fiscal Commission, Abuja, 2003, 2004
  • Resource Person, Workshop on Revenue Mobilization in the Local Governments, lmo State Sponsored Workshop Owerri, 2004.
  • Managing Consultant, Workshop on Internal Auditing in the Local Governments organized by the FUTO Consult Ltd. Owerri in Association with the Dept of Intergovernmental Affairs, the Presidency, Abuja.
  • Lead Consultant, Central Bank of NigeriaJFUTO Consult, Microfinance Bank Accreditation Programme 2010.
  • Associated Member, Nigeria Institute of Management (AMNIM)
  • Institute of Chartered Accountants of Nigeria (ICAN)
  • Chartered Institute of Bankers of Nigeria (CIBN)
  • Member, Chartered Institute of Administration.
  • Deanship/Directorship/Coordinatorship, Headship, in FUTO with dates:
  • Dean, SMAT, FUTO 2011-Date
  • Head, Dept of Project Management Tech FUTO 2008-20 10
  • Director, FUTO Consultant Ltd. 200-2006
  • Deputy, Director FUTO Extension Services, 200 1-2002
  • Coordinator, FUTO Extension Services, Owerri Centre 2001-2002
  • Coordinator, FUTO/CCE Programme Joint Awards 1999-2001
  • Member, SMAT Board of Studies 1995-Date
  • Member, University Computing Facilities Committee 2002-Date
  • Member, University Library Committee 1998-Date
  • Member, (SMAT) School Conference Committee 1998-Date
  • Member, FUTO Standing Board of Surveys 2002-2006
  • Member, Project Supervision Committee of FUTO 500 CLT 1998-2001
  • Member, Endowment Fund Launching Committee PLACEF IV 2002
  • Member, Task Force on Rehabilitation of FUTO Community Bank 1998-1999
  • Member, Committee on Recapitalization of FUTO Micro-Finance Bank 2006-2007
  • Member, Committee on the FUTO International Secondary School 2006-2010
  • Member, Post Graduate Board, FUTO 2008-Date
  • Member, FUTO Senate 2008-Date
  • Staff Adviser, Society of Project Management Students, FUTO 1998-2004
  • Staff Adviser, Federation of Ngwa Students FUTO 1997-Date
  • Staff Adviser, Abia State Students FUTO 2000-Date
  • Staff Adviser PMT Students years 1-5 at various times 1 995-2002
  • External Assessor Department of Economics Imo State University 2011
  • External Examiner, Department of Banking and Finance, Imo State University, Owerri 2002-2007
  • External Resource Person for the Interview of Lecturers inBanking, Federal Polytechnic, Nekede 2001-2004-2011
  • External Assessor, Department of Banking and Finance, AbiaPolytechnic, Aba 2066
  • External Examiner, Department of Accounting, Alvan Ikoku, Federal College of Education, Owerr i 2006-20 11
  • Presented eight different papers at various Training Workshops Organized for Small Scale Industries by TBI Aba, Federal Ministry of Science and Technology.
  • Consultant NDDC Master Plan Project Agriculture/Fishery Sector 2005/2006.
  • External Examiner, Department of Management, University of Nigeria, Enugu Campus, 2000-Date
  • Served as ASUU FUTO Vice-Chairman 1999-2003
  • Served as ASUU FUTO Acting-Chairman, 2002/2003
  • Served as ASUU Zonal Coordinator, Calabar Zone 2005-2010
  • Served as ASUU Zonal Cordinator, Owerri Zone 2006-2010
  • Resource Person to ASUU NEC 2010 — Date
  • Presented papers and delivered speeches at various Leadership for a for Youths and other organizations across the country.
  • Provided free counseling services to students and other persons within and outside the University (FUTO) community.
  • Served as Executive Member Ukwa/Ngwa Welfare Association FUTO Branch 2002-2005
  • Member, Ihie Development Association, Owerri Branch.


  • Nzotta, S. M. (1998) “Agro Industries as Sustainable Basis for Poverty Alleviation in Nigeria”, Paper Presented at the Nigerian Society of Engineers Conference on the Challenges of Nigerian Agricultural Engineers Towards Vision 2010, Owerri, 1997.
  • Nzotta S. M. (1998) “An Evaluation of New Management Options for the Nigerian External Debt Crisis” Paper Presented at the ABSU Conference on Political Economy of Budgeting and Planning in Nigeria Towards Sustainable Economic Development 1 the 21st Century.
  • Nzotta S. M. (2002) “Globalization and the Nigeria Banking System” Paper Presented at the 2002 Banking Conference, Abia State University, Uturu.
  • Nzotta S. M. (2006) “Corporate Governance and Ethics in Post Consolidation” Banking in Nigeria” Paper Presented at the National Conference on Structural Reforms and Management of Financial Institutions in Nigeria, Olabisi Onabanjo University, Ago-Iwoye.
  • Nzotta (2008) Reshaping Nigeria’s Business Environment Towards National Development: The University Perspective, Conference Paper, Federal Polytechnic, Owerri.
  • Enwereuzor, B.O (2007) Impact of Back’s Credit on the Growth of Small and Medium Scale Enterprises (SMES) in Nigeria (Principal Supervisor)
  • Iheduru, Ngozi G (2005) An Appraisal of the Impact of Micro Credit on Economic Growth of Nigeria. (1983-2002) (Principal Supervisor)
  • Ndugbu Michael O. (2008) The use of Multiple Discriminate Analysis in the Assessment of Commercial Bank’s Loan Defaults in Nigeria (Principal Supervision)
  • Nwachukwu C.C. (2008) An Analysis of Factors the Constrain Project Management success of Public and Private Sector Construction in Nigeria (Principal Supervisor).
  • Nwakanma, Prince C (2005) Approval Model for Evaluating Commercial Banks Performance Evidence from Nigeria (1994-2004) (Principal Supervision)
  • Nwazeaku, N.C (2992) Failure Prediction Models in the Nigerian Banking Industry (Co- Supervisor).
  • Oji, Ikechuwku O. (2008) Impact of Public Sector Financial Management on Economic Development of Developing Countries: A Study of Selected Countries (Co-supervisor)
  • Okereke, E.J. (2004) Exchange Rate Fluctuations and Macro-Economic Stability in Nigeria (1970-2001) (Principal Supervisor).
  • Okorafor, Ekpe (2008) The Risk of Arbitrage Pricing Theory on Returns of Financial Assets in the Nigerian Stock Exchange 1990-2006 (Principal Supervisor).
  • Onwusonye, S.I.J (2011) A Study of Cost of Capital and its Impact on Turnkey Building Projects in Nigeria (Co-supervisor).
  • Onyema, E.T. (2004) An Evaluation of the Financing of Small Scale Farmers by Development Finance Institutions.(Principal Supervisor)
  • Ozurumba, B.C. (2008) Impact of Public Sector Deficits on Economic Development of Nigeria (1975-2005) (Principal Supervisor)
  • Uma, V.K., Chimaobi (2004) The Effect of Efficient Portfolio Management on the Profitability of Commercial Banks in Nigeria (Principal Supervisor)
  • Nzotta S. M., Anuolam, M. and Asiegbu,M. C. (1999) “Security Selection in the Nigeria Capital Market using Reward to Volatility Criterion” Project Management Journal, Vol. 2 No. 1.
  • Nzotta S. M. and Okoroafor G. F. (1999) “Bank Credit Administration” Journal of Arts and Social Sciences Vol. 1 pp88-1 08.
  • Nzotta S. M. and Ebiringa, I. (2001) “Mergers and Acquisitions as Survival Strategy” Journal of Professional Administration Vol. 2 No. 3 July – Sept. pp 5 – 11.
  • Nzotta S. M. (2002) “The Nigerian Capital Market Challenges and Opportunities” Journal of Professional Administration, Vol. 3 No. 1
  • Nzotta S. M. (2002) “Process Design in Small Scale Industries” Inter World Journal of Management and Development Studies, Vol. 1. No. I pp. 99-108.
  • Nzota S. M. (2002) “The Role of Proper Information Management Systems in Local Government Administration” Journal of Liberal Studies Vol. 9 No.1
  • Nzotta S. M. (2003) “Globalizatipn and the Nigerian Banking System: A Conceptual Framework” International Journal of Economic Indicators Vol. 5 Nos. 3 & 4,(2003) “Micro Credits and Poverty Alleviation in Nigeria: A Conceptual Framework” International Journal of Economic Indicators Vol. 9 No. 2.
  • Nzotta S.M. and Okereke E.J. (2004) “Exchange Rate Policies and Economic Growth: An Investigation of the Nigerian Experience” (1970 – 2001) Journal of Economic Research, Vol. 2 No. 3 July – September.
  • Nzotta S. M. and Onwusonye S.l.J. (2004) “Project Finance: A Panacea for Efficient Procurement and Delivery of Turkey Projects” Journal of Institute of Quantity Surveyors, Vol. 11 Nos 3 July – Sept.(2005) “Bank Consolidation and Economic Development of Nigeria” International Journal of Economic Indicators. Vol. 11 No. 3 July – Sept.
  • Nzotta, S. M. (2005) “An Overview of Capital Projects Financing in the Local Government of Nigeria”: The Journal of Institute of Quantity Surveyors. Vol. 53 No. 4 Dec.
  • Nzotta, S.M. (2006) “Financial Accounting Information and Stakeholders Expectations: within the Global Economy” Journal of Professional Administration. VoL7 N0.1. (2006) ‘The Challenges of Post Consolidation Banking in Nigeria Journal of Economic Indicators. Vol. 12 No.2 www.nescroup.orq.(2007) “World Development Report 2007, Development and the Next Generation Economic Indicators. Vol. 13 No. 4.
  • Nzotta S.M. and Osuka, B.C. (2008) “Effects of Agricultural Finance on the Economic Development of Nigeria” International Journal of Agriculture, and Rural Development Vol. 11(2) www.ajol.Ijoumals/ijard.
  • Nzotta, S.M. (2008) “Corporate Governance in Post Consolidation Insurance in Nigeria” Journal of Banking and Financial Studies Vol. 1 No. 1.
  • Nzotta, S.M. (2007) “Tax Evasion Problems in Nigeria: A Critique”. The Nigerian Accountant, Journal of the Institute of Chartered Accountants of Nigeria. Vol.40 No.2.
  • Nzotta SM. and Okereke. E. J. (2009,) “Financial Deepening and Economic Development of Nigeria”; African Journal of Accounting Economics, Finance and Banking Research, Vol. 5 No. 5
  • Nzotta S.M. and Okereke E.J. and Awujo, A.C. (2009) “An Evaluation of the Implementation of Nigeria Public Projects Based on Basic Success Factors”, International Journal of Finance and Policy Analyst, Vol. 2 No. 1 Pp 12—30.
  • Nzotta, S.M. and Nwachukwu C.C. (2010) “Quality Factor Indexes: A Measure of Project Success Constraints in a Developing Country”. IJCRB Journal, Vol.2 No.2
  • Nzotta S. M. (2004) Money. Banking and Finance: Theory and Practice. Lagos Jude Hudson Publishers
  • Nzotta S. M. (2001) Financial Accounting: Theory and Practice. Owerri, Oiivert Industrial Publishers.
  • Nzotta S. M. (2004) Corporate Financial Decisions Vols. I & II, Owerri, Oiivert Industrial Publishers.
  • Nzotta S. M. (2010) Human Resource Management, Owerri, Olivert Industrial Publishers
  • Nzotta S. M. (1997) “Lease Financing” in Onuoha, C. (ed) Foundations of Finance and Management Port Harcourt, Educational
  • Nzotta S. M. (1997) “Cost -Volume -Profit analysis” in Onuoha, C. (ed) Foundations of Finance and Financial Management Port Harcourt, Educational Books and Investments., pp. 389 -41 1.
  • Nzotta S. M. (1998) “Venture Capital Financing in Promoting Small and Medium Scale Enterprises in Nigeria, in Abogu A. E et al (eds) Contemporary Readings in Management Technology. Owerri, Readon Publishers Ltd., pp 69 -79.
  • Nzotta S. M. (1998) “Market Research and Identification of Business Opportunities.” In Agbogu, A. E et al (eds) Contemporary Readings in Management Technology, Owerri, ReadonPublishers Ltd. pp. 135 -150.
  • Nzotta S. M. (1998) “Project Financing: in Anuolam, M.N, et al (eds) Readings in Finance and Management. Owerri Katzins Publishers, pp. 233-251.
  • Nzotta S. M. (1999) “Financial System and Investments in Nigeria,” in Iheriohanma’ E. B.J. (ed) Path to Nigerian Political and Economic Development. Last Touch Press, Owerri, pp. 113-127.
  • Nzotta S. M. (1999) “The Role of Bank Credits in Economic Development” in Iheriohanma E.B.J.(ed) Path to Nigerian Political and Economic Development. Last Touch Press, Owerri, pp.292-304.
  • Nzotta S. M. (2002) “Investment/Project Appraisal” in Onuoha, B.C. (ed) Managerial Economics Principles and Practice Port — Harcourt, Education Books and Investment Ltd., pp. 288-302.
  • Nzotta S.M. & Amaechi L.N. (1999) “Entrepreneurship and Economic Development in Nigeria” in Iheriohanma, E.B.J., Touch Press, Owerri, pp.201-214.
  • Nzotta, S.M. (1996) “Feasibility Study for the Establishment of a Filling Station at Uyo Akwa Ibom State, June 1996.
  • Nzotta, S.M. et al (2001) “Commissioned Feasibility Report on the Proposed Housing Scheme for Staff and Students of FUTO” Sept. 2001.
  • Nzotta, S.M. et al (2001) “Commissioned Feasibility Report on the Establishment of a Commercial Printing Press in FUTO” 2001.
  • Nzotta, S.M. (2002) “Project Management in a Globalized Economy” Project Encomium, Professional Magazine of the Society o Project Management Technology, Maiden Edition, pp1 29.
  • Nzotta S. M. (1982) “Rural Banking in Nigeria: Problems and Prospects” The Financier Dept of Finance, UNN Enugu, pp. 9-14.
  • Akhaine, Bright (2008) An Empirical Study of the Determinants of Corporate Profits in Selected Companies in Nigeria.
  • Alozie, S.T. (2007) Impact of Foreign Exchange Rates on the Balance of Payments (1994-2003).
  • Anyenjo, L.A (2000) The Impact of Information Technology on the Marketing of Banking Services.
  • Arazu, Ijeoma F (2005) The Impact of Exchange Rate Policy on Nigeria Balance of Payment (1980-2002).
  • Etoama, S.C. (1999) An Empirical Analysis of the Effects of Interest Rates on Industrial Productivity in Nigeria.
  • Ilobah, Onuorah (2000) Capital Adequacy and Banks Operating Income.
  • Kalu, N.N. (2007) An Evaluation of the effect of Lease Financing on Industrial Growth in Nigeria.
  • Okpara, Mabel (2002) Assessing the Efficiency of Nigerian Financial System.
  • Mbaeri, Chibueze C (2004) Impact of Universal Banking on Banks Profitability.
  • Njoku, S.C. (2006) Liquidity Management and its Impact on Banks Profitability: A Study Selected Banks.
  • Nwakanma, Prince C (2000) Determinants of Share Prices on the Nigerian Stock Market. Nwosu, Bethram (1999), The Impact of New Financial Products on Bank Survival and Growth in Nigeria: A Study of Selected Banks.
  • Okwusha, Chioma A. (2008) The Effects of Portfolio Management on the Profitability of Banks in a Globalized Economy.
  • Onwudiegwu, M.N. (2010) The Effects of Public Expenditure on Economic Development of Nigeria (1981-2006)
  • Opia, Micheal (2004) Impact of Banking Supervision on the Growth of Commercial Banks in Nigeria.
  • Odunze, C.O. (1999) An Evaluation of Liquidity Management Practices. Wanbuwa, Godwin (2000) The Assessment of CBN’s Monitoring of Commercial Banks.

Working Experience

  • Full-Time Post Masters Teaching in a University or at an equivalent level.
  • Lecturer 1, FUTO, Owerri 1995-1999
  • Senior Lecturer, FUTO Owerri 1999-2003
  • Reader (Associate Professor) FUTO, Owerri 2003-2009
  • Professor 2009-Date
  • Visiting Scholar, Dept. of Banking and Finance, University of Port Harcourt, Port Harcourt 2006-2007
  • Visiting Scholar, Dept of Banking and Finance, Anambra State University, Uli. 2006-20 10

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