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The Role Of Agriculture Credit Guarantee Scheme Fund In The Development Of Agriculture
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1.3 OBJECTIVES OF THE STUDY
The general
purpose of this project report is to undertake a study of the existing
farmers of agricultural activities and the effort of the government in
enhancing the development of agriculture through the agricultural credit
guarantee scheme, also the study has the following objectives.
(a)
To examine the organizational structure and the operation of
agricultural activities in Enugu state with particular reference to
Nkanu East local government area.
(b) To examine the impact of the farmer’s cooperative societies.
(c) Investigate the problems facing the farmers co-operative societies.
(d)
To suggest ways and means for enhancing and proffering for loans from
banks for the effectiveness of the societies and assist in further
research into contemporary issue on this manner.
(e) To increase production of livestock and fish to meet the domestic needs and increase surplus for export.
(f) To know whether there are benefits members derive from the agricultural cooperative societies in the area.
1.4 RESEARCH HYPOTHESIS
1. What are the main objectives for establishing of agricultural cooperative societies in Nkanu East local government area?
2. To what extent have these objectives been realized?
3. What are the problem militating against agricultural activities?
4. Do agricultural cooperative societies receive support from the government?
5. What are their sources of finance?
1.5 SIGNIFICANCE OF THE STUDY
Any
study that has positive outcome must have negative aspect moreover the
significance of the particular studies are central banks of Nigeria has
taken up greater responsibilities particularly with respect to
information of agricultural policy and various means which enhances
agricultural productivity.
Areas of central banks of Nigeria involvement in improving agricultural activity includes:
(a) Agricultural research
(b) Training of middle level agricultural workers
(c) Creation of loans and large scale mechanization food agriculture farmers.
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ABSRACT - [ Total Page(s): 1 ]Agricultural credit guarantee scheme fund was established to help farmers who have little or no collateral to get loans from commercial banks by CBN. It was the aim of this research work to find out if CBN has helped in developing cooperative activities in agricultural aspect through their giving of loan, grant, and other farm inputs. Chapter one contained great discussion of the origin and existence of this scheme (ACGSF), it also went further to state the problems to be studied, research quest ... Continue reading---