Agriculture is still most important sector of the country’s economy. It’s role in economic development can be traced back to, at-least to the mid-eighteenth century, and which was central to the early development of the analytical economics by Adam Smith, David Richardo, and Thomas Malthius, typically some 40 to 60 percent of the national income is produced in agriculture and from 50 to 80 percent of the labour force is engaged in agricultural production.
However, agriculture has four major roles to play in economic development. These are, to increase the supply of food for domestic consumption, to release labour for industrial output, to increase the supply of domestic savings and to earn foreign exchange. The final role, that is the earn foreign exchange implies that the country is open to international trade.
Not withstanding the roles of agriculture in the country’s economy, agriculture is encountering a lot of problems, which lead to decline and poor performance in agricultural sector. These problems include lack of fund: inadequacies in the supply and use of farm inputs, unfavourable macro-economic policy; land constraints; poor post-harvest technology; environmental hazards; disease and pest infestation; labour constraints; low rate of adoption of appropriate technology; transportation; low income earning etc. infact agriculture in Nigeria is caught in a low level of equilibrium trap.
In the past, attention given to agriculture by government was not encouraging. Farming was pushed to the background and farmers were not introduced to the modern method of farming which would have gone a long way in helping to boost agriculture. Until 1976, during the first Obasanjo regime, alteration was beginning to be given to agriculture with launching of operation feed the Nation (OFN). The idea behind OFN was that all Nigerians should join hands together to produce food for ourselves and the nation. Ever since them, successive governments have followed with different programmes all aiming at developing agriculture and agricultural projects.
Moreso, government has shown great concern in this wise idea with the establishment of Nigerian Agricultural and co-operative Bank Ltd. (NACB). This bank, which is an apex up to grant agricultural credit to the agricultural and agro-allied sector of the Nigerian economy. This is carried out through the provision of loans to individuals, co-operatives organizations, limited liability companies, state and federal government agencies.
TABLE OF CONTENT
Title page
Approval page
Certification
Dedication
Abstract
Acknowledgement
Table of content
CHAPTER ONE
1.0 Introduction
1.1Background Information
1.2Statement of the problem
1.3Purpose of the study
1.4Importance of the study
1.5Limitation of the study
1.6Statement of the hypothesis
1.7Definition of terms
CHAPTER TWO
2.0 Literature Review
2.1 Origin of agriculture I Nigeria.
2.2 Sequence of Agricultural Development in Nigeria.
2.3 Present position of Agriculture in Nigeria.
2.4 Financial Intermediation functions
2.5 Problems in agricultural financing.
2.6 History of Nigerian Agricultural and Co-operative Bank Ltd. (NACB).
2.7 Establishment and achievements of NACB.
2.8 Aims and objectives of NACB.
2.9 NACB functional and operational scheme.
2.10 Sources of funds and financial capability
2.11 Terms and conditions for borrowing.
CHAPTER THREE
3.0 Research Design and Methodology
3.1 Population and sample
3.2 Design of the Questionnaire.
CHAPTER FOUR
4.0 Data Analysis and Interpretation
4.1 Data collection
4.2 Analysis and interpretation of hypothesis
4.3 Analysis of operations and impacts of NACB
4.4 Findings relating to the research work
CHAPTER FIVE
5.0 Summary of Findings, Conclusion and Recommendations
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendations.
THE ROLE OF FINANCIAL INSTITUTIONS IN AGRICULTURAL DEVELOPMENT IN NIGERIA.
THE (A CASE STUDY OF UNION BANK) ABSTRACT The research on the financial institutions in agricultural development in Nigeria” A case study of Union Bank Plc was necessitated by the fact that the agriculture development has been on issue of great concern in Nigeria. The... Continue Reading
INTRODUCTION 1.1 BACKGROUND OF INFORMATION Agriculture is still most important sector of the country’s economy. It’s role in economic development can be traced back to, at-least to the mid-eighteenth century, and which was central to the early development of the analytical economics by Adam Smith, David Richardo, and Thomas Malthius, typically... Continue Reading
A bstract 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 of the study includes large and small scale... Continue Reading
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... Continue Reading
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... Continue Reading
ABSTRACT This project is an attempt to examine the role of financial institution in agricultural development in Nigeria with particular reference to Nigeria agricultural and co- operative bank Enugu. And to suggest ways by which they can be of better use to the nations. The project also made desperate attempt to get the view of some farmers.... Continue Reading
Abstract The researchers, researched on the project titled the role of financial institution in an agricultural development (a case study of agricultural development Bank Enugu). In pursuance of this research, the researchers divided the work into five chapters, chapter one, dealt with the introduction of the study, background of the study etc.... Continue Reading
TO NIGERIA AGRICULTURAL AND CO- OPERATIVE BANK ENUGU ABSTRACT This project is an attempt to examine the role of financial institution in agricultural development in Nigeria with particular reference to Nigeria agricultural and co- operative... Continue Reading
INTRODUCTION 1.1 BACKGROUND OF THE STUDY Housing is one of the three basic needs of mankind and it is the most important for the physical survival of man after the provision of food. Decent housing is one of the basic needs of every individual, the family and the community in general. As a pre-requisite to the survival of man, it ranks secondly... Continue Reading