THE ROLE OF NACB IN SMALL SCALE AGRICULTURAL FINANCING IN NIGERIA: A CASE STUDY OF SOME SELECTED STATES BY
THE ROLE OF NACB IN SMALL SCALE AGRICULTURAL FINANCING IN NIGERIA: A CASE STUDY OF SOME SELECTED STATES BY
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Date
2014-03-20
Authors
YUSUFU, ABUBAKAR,
ABDULLAHI
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Abstract
ABSTRACT
This study examined the role of NACB Small Scale Agricultural Financing
as a strategy for restructuring the Nigerian economy. Case study of some selected
states. In addition the study reviewed performance of Nigerian economy right from
inception to date in conjunction with the various government policies toward
economic development of the country.
Six (6) different types of agricultural enterprises from four (4) states were
studied to giva a clear judgement on the topic. Percentages, ratios and standard
deviations were used to analyse the data obtained from specially designed
questionnaires.
The analysis of the data revealed that:
Small Scaled Agricultural Financing play the following roles:
i. Provision of employment to a very large segment of the Nigerian
population especially the unskilled workers,
ii. Their usage of local technologies make the sector highly labour intensive,
iii. Inputs raw materials and technology used in such enterprises are mostly
locally produced,
iv. The agricultural enterprises are financed mostly by personal savings with
little emphasis on bank loans,
v. The agricultural enterprises are mostly owned by sole proprietors,
vi. It shows that with the availability of Credit (From NACB) more people will
be involved in the Small Scale Agricultural Enterprises and those already in
it will increase their level of production to commercial rate. This will
improve the nation's economy through providing employment, improve
standard of living of the people, and earn foreign exchange through export.
Thereby restructuring the Nigerian economy.
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Description
BEING THESIS SUBMITTED TO THE POSTGRADUATE SCHOOL
AHMADU BELLO UNIVERSITY, ZARIA THROUGH THE
DEPARTMENT OF BUSINESS ADMINISTRATION IN PARTIAL
FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF
THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION
(MBA)
1998
Keywords
ROLE,, NACB, SMAL,, SCALE,, AGRICULTURAL,, FINANCING,, NIGERIA:,