AGRICULTURAL DEVELOPMENT FINANCING IN NIGERIA A CASE STUDY OF NIGERIAN AGRICULTURAL DEVELOPMENT BANK LTD (NACB
AGRICULTURAL DEVELOPMENT FINANCING IN NIGERIA A CASE STUDY OF NIGERIAN AGRICULTURAL DEVELOPMENT BANK LTD (NACB
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Date
1998-03
Authors
ABDULLAHI, AISHA SULEIMAN
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Abstract
The financing of agricultural development in Nigeria has all along
been given priority especially in all the nations development plans. A
substantial part of the nation's resources have been allocated to important
sectors. Unfortunately, despite all these efforts, agricultural production has
remained low.
This study therefore focuses on the desire to investigate the real
problems behind this unfortunate development. It examines the extent to
which agricultural financing institutions particularly the NACB have
contributed towards agricultural financing in Nigeria.
In carrying out the investigation, the study made use of data from both
primary and secondary sources. The data collected were analyzed using
percentages, simple averages and descriptive research methods.
Inspite of heavy investment in the sector by agricultural finance
institutions, the study discovered some of the problems that contributed to
low agricultural production as; delay in the disbursement of funds to
farmers, diversion of loans meant for farming to other uses, and lack of
proper monitoring and appraisal of loan applications by agricultural finance
institutions. This often results in huge bad debt losses and increasing cases
of litigation by the bank.
Description
Project submitted to the Post Graduate School,
Ahmadu Bello University, Zaria in Partial Fulfillment of the
requirements for the award of the Degree of
Master of Business Administration (MBA)
Keywords
AGRICULTURAL, DEVELOPMENT, FINANCING, NIGERIA, NIGERIAN, AGRICULTURAL, DEVELOPMENT, BANK, NACB