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THE ROLE OF NIGERIA AGRICULTURAL AND COOPERATIVE BANK (NACB) IN THE DEVELOPMENT OF AGRICULTURAL IN NIGERIA
- Type: Project
- Department: Banking and Finance
- Project ID: BFN1566
- Access Fee: ₦3,000 ($20)
- Pages: 34 Pages
- Format: Microsoft Word
- Views: 722
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ABSTRACT
The Nigeria agricultural and cooperative bank (NAXV) was established in 1973 to help in the development of the countries economy through providing agricultural aids as well as assisting the farmers and cooperative societies.
Initially, at inception of the bank, us resources consisted mainly of the federal government subscribed equity capital and statutory allocation from the federal government. But now, the resources are loans and advances from the government, loans from the international bank for reconstruction and development (IBRD), school falls from the agricultural credits guarantee scheme, loan from the domestic money market like the insurance company and other banking sector.
One of the major problem encountered by the Nigeria agricultural and cooperative bank is the lack of capital. Financing of cooperative societies through their internally generated funds have not been satisfactory because of the individual members of these societies (most of whom are living in rurual areas) are very few and poor. Hence, the society needs external sources of funds for financing their project.
The needs for financing some of these agricultural project brought about the establishment of the Nigeria agricultural bank (NAB) in 1973 which after inception marked a dynamic change in providing credit facilities to the farmers.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
Introduction
1.1 Statement of problem and purpose of study
1.2 Rationale of study
1.3 Significance of the study
1.4 Definition of terms
CHAPTER TWO
Review of related literature
2.1 NACB lending to cooperative movement
2.2 NACB role in financing agricultural project
2.3 NEW approach to agricultural project financing
2.3 NACB agricultural finance technique
2.5 Source of funds of NACB
2.6 Operative and impact of NACB in the agricultural sector
CHAPTER THREE
Research design and methodology
3.1 Hypothesis
3.2 Method of data collection and analysis
3.3 Sources of data
3.4 Limitation of the study
CHAPTER FOUR
Presentation of data, analysis of data and discussion of result
4.1 Data presentation
4.2 Analysis of data
4.3 Discussion of the result of the analysis
CHAPTER FIVE
Summary, conclusion and recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation
Bibliography
- Type: Project
- Department: Banking and Finance
- Project ID: BFN1566
- Access Fee: ₦3,000 ($20)
- Pages: 34 Pages
- Format: Microsoft Word
- Views: 722
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