The Role of Central Bank of Nigeria in Agricultural Finance Development

The Role of Central Bank of Nigeria in Agricultural Finance Development

Many agricultural credit programmes in Nigeria have been  establishment  of each of these schemes since the early 1960s. The main purpose of each of these schemes has been to make credit available to small-scale farmers to enable them procure those modern inputs that are capable of raising the productivities of the traditional agricultural inputs – land and labour. It is a known fact that agriculture is the mainstay, of the economy of Nigeria since it is the major source of food for the growing population and was the only source of foreign exchange before the discovery of oil. [Read more…]

Agricultural Co-Operative – A Means of Improving Agricultural Production

 Agricultural Co-Operative – A Means of Improving Agricultural Production

Importance of Improving Agriculture Productions – The purpose of improving agriculture production is quite imperative for the development of any nation.  This cannot be paid less attention because it is means of solving some of our economic problems today.  Many people had given a talk on this issue why agriculture production should be improved. According to Mr. Udo Nwaboghiogu in his leaflet printed to educate the public on co-operative titled “Co-operative Better Tomorrow.”  In the sixties, the Enugu state economy had a non-sectional dependency on agriculture as the main source for earning and the main source of employment for our teeming population.  In the seventies, we took one leap from this dependency on trade and white-collar jobs. [Read more…]