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The Role Of Financial Institutions In Agricultural Development (1990-2010)
[A CASE STUDY OF NIGERIA AGRICULTURAL COOPERATIVE AND RURAL DEVELOPMENT BANK] -
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This study examined the role of financial institutions in agricultural development. A case study of Nigeria Agricultural Cooperative and Rural Development Bank, with a view to make useful suggestions and recommendations as way of enhancing the development of agricultural sector. The population for the study includes large and small scale farmers and the sampling method adopted for the study is the stratified random sampling in order to ensure adequate representation of the population. In order to achieve the objective of making useful suggestions that would improve the agricultural sector, a number of hypotheses were made and tested. Samples of one hundred and eighty responses were collected and analyzed using the chi-square (ײ) and tested method. It was discovered that bank credit loan scheme is making some impacts in lending loans to farmers. The result also showed that farmers prefer informal to the formal sources of finance mostly because of the demand of formal institutions that farmers most present collateral security. Finally, the study also indicated that the problems facing agricultural financing.
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CHAPTER ONE - [ Total Page(s): 4 ]STATEMENT OF RESEARCH PROBLEM.According to Anyanwu Etal (1997:14)
‘’the agricultural sector has been recognized for a long time as an
important sector to Nigerian economy and development is one of the
crucial requirements for the overall economic growth. He noted further
that the decline in agricultural activities might appear natural in any
development process; it is obvious that in Nigeria agricultural
activities would remain the most important single sector for some t ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 4 ]STATEMENT OF RESEARCH PROBLEM.According to Anyanwu Etal (1997:14)
‘’the agricultural sector has been recognized for a long time as an
important sector to Nigerian economy and development is one of the
crucial requirements for the overall economic growth. He noted further
that the decline in agricultural activities might appear natural in any
development process; it is obvious that in Nigeria agricultural
activities would remain the most important single sector for some t ... Continue reading---
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ABSRACT -- [Total Page(s) 1]
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