Apex Bank Intervention and Agricultural Development in Nigeria
Adebisi A. Adedeji ()
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Adebisi A. Adedeji: Department of Politics and International Relations, Postal: Lead City University, Ibadan, Nigeria, https://www.lcu.edu.ng/index.php/lead-city-journal-of-the-social-sciences
Lead City Journal of the Social Sciences (LCJSS), 2022, vol. 7, issue 1, 16-25
Abstract:
The Nigerian apex bank's agricultural intervention has continued to have a substantial influence on the growth of the agricultural sector, primarily through mobilizing credit facilities for the country's small, medium, and large-scale commercial farmers. The study shows that the apex bank also aided the industry by using loan guarantees to handle default concerns, with the goal of encouraging commercial financial institutions to do business with agricultural business owners. The research does, however, include the Central Bank of Nigeria's intervention facilities for agricultural growth in Nigeria.
Keywords: Development; Central Bank of Nigeria; agriculture; and finance (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ris:lcjsss:0002
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