Abstract
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.
TABLE OF CONTENT
Title page - - - - - - - - - i
Approval page - - - - - - - - ii
Dedication - - - - - - - - iii
Acknowledgement - - - - - - - iv
Abstract - - - - - - - - - v
Table of Contents - - - - - - - vii
CHAPTER ONE - - - - - - -
INTRODUCTION - - - - - - - - 1
1.0 Background of the Study - - - - - 1
1.1 Statement of Research Problem - - - - 3
1.2 Objective of the Study - - - - - 5
1.3 Scope of the Study - - - - - - 6
1.4 Significance of Study - - - - - - 6
1.5 Statement of Research Hypothesis - - - 8
1.6 Sources of Data - - - - - - - 98
1.7 Limitation of Study - - - - - - 9
1.8 Definition of Terms - - - - - - 10
References - - - - - - - 13
CHAPTER TWO - - - - - - - -
LITERATURE REVIEW - - - - - - - 14
2.1 Theoretical Background - - - - - 14
2.2 Sources of farm Credit - - - - - 19
2.3 Agricultural Credit Policies - - - - - 20
2.4 Features of the Agricultural Credit Guarantee Scheme 22
2.5 Bank Credit for Agricultural Development - - 24
2.6 The role of parastatals in the Development of Agriculture
In Nigeria - - - - - - - 26
2.7 Nigerian Agricultural Cooperative and Rural Development
Bank (NACRDB) - - - - 319
2.8 Assessment of the Banking Industry’s Development of
Agriculture and Future Expectation - - - 35
2.9 Extension Research and Rural Development strategies In aid
of agricultural development in Nigeria - - 41
2.10 Importance of credit facilities in Agriculture - - 45
2.11 Constraints of the Nigeria Agricultural sector - 47
Reference - - - - - - - - 50
CHAPTER THREERESEARCH METHODOLOGY - - - - - - 52
3.1 Introduction - - - - - - - 52
3.2 Research Design - - - - - - 52
3.3 Population of the study - - - - - 52
3.4 Sample design - - - - - - - 53
3.5 Methods of data collections - - - - 53
3.6 Method of data analyses - - - - - 5410
References - - - - - - - - 55
CHAPTER FOUR
4.0 DATA PRESENTATION AND ANALYSIS - - - 56
4.1 Test of hypothesis - - - - - - 67
Reference - - - - - - - - - 76
CHAPTER FIVE
SUMMARY RECOMMENDATION AND CONCLUSION - 77
5.0 Summary and Conclusion - - - - - 77
5.1 Summary of Findings - - - - - - 78
5.2 Conclusion- - - - - - - - 80
5.2 Recommendations - - - - - - 82
5.3 General Policy Recommendations - - - 84
5.4 Prospects of agricultural financing in Nigeria - - 86
Bibliography - - - - - - - - 89
