Description
ABSTRACT
It has because very imperative to examine the role of commercial Bank in financing of A agricultural projects PLC, (1999 – 2003), is s topic so crucial that interested parties in the work many.
It is very vital considering the role of commercial banks in general and first Bank in particular play in financing of Agricultural. Project in Enugu state, in sustaining the Economy.
This creditable role being played by the above bank in sustaining the economy of Enugu state and the position of agriculture in the building of a venture find a self reliant nation attracted the attention of the researcher. The instrument with which the Central Bank of Nigeria Central the commercial Banks in general and first Bank in particular in terms of Agricultural loans were examined. With credit guidelines which comes out every year, Central Bank of Nigeria specifies, the minimum percentage of loan of agricultural sectors. Secondarily, the Federal Government of Nigeria and the Central Bank of Nigeria established the Agricultural credit guarantee the value fund by which the farmers who receive loan under it are guaranteed by the Central Bank of Nigeria. The liability of CBN is the case of default is up to 75%.
The study tried to find out whether the decline in agricultural output within the state has link with the absence of credit facility made available to formers by commercial banks in general and first bank in particular in financing of Agricultural projects in Enugu state, in doing so first Bank of Nigeria (FBN) PLC with Bank office and area offices within Enugu state were selected for studies, and because of size three local Government treas were also selected for study and the include Enugu East and Enugu South.. Cluster sampling was used to selected farmers on which questionnaire were administered.
Also used in collecting data was interview method because there were some farmer who were not very literate. The data collected was used testing the two hypothesis for the topic. The hypotheses included that carry out feasibility study to Agricultural farmers do not have any effect on commercial Banks in general and Bank in particular in financing of agricultural project in Enugu state, and commercial Banks aim general and first Bank in particular do not respond adequately to farmers in financing needs of agricultural project in Enugu state.
In testing the above hypothesis, chi – square test was used. The test concluded that carrying out feasibility study to Agricultural farmers in Enugu state do not have any effect.. It was also concluded that commercial Bank in General and first Bank in particular do not respond adequately to farmers in financing need of agricultural projects in Enugu state.
Other mirror issues in the researcher questions in the project were weighted to percentages.
In conclusion, commercial banks in general and first Bank in particular should be more encourage to assist agricultural sector and appropriate staff expansion recommended for effective supervision to avoid both loan default and diversion in Enugu state.
PROPOSAL
It has become very imperative to examine the role commercial Banks play in financing Agricultural project in Enugu state. This creditable role being played by the above bank in the economy of Enugu state and the position of agricultural in building of a virtue and self – reliant nation will attract the attentio0n of the researcher.
The instruments with which Central Bank of Nigeria (CBN) control the commercial banks in terms of agricultural loans will be examined. With credit guideline which comes every year, CBN specifies the minimum percentage of loan to agricultural sector.
This study will find out whether the decline in agricultural output within the state has link with the absent of credit facility made available to farmers by commercial banks in financing agricultural project in Enugu state. In doing this, First Bank of Nigeria with the Enugu Zonal Office and area offices within Enugu State will be selected for the study. Because of size, three Local Government treas will be selected for the study and they are Enugu North, Enugu South and Enugu East Local Government treas. Cluster sampling will be sued to select farmers on which the question will be administered.
Also, interview method will be used in collecting data because there are some farmers who are not very literature. Data that will be collected will be used in testing the hypothesis of the topic. In the testing of the above hypothesis, chi – square test will be used.
The finding and recommendation of this will be made based on the analyzed data.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents
List of tables
List of figures
List of abbreviation
CHAPTER ONE
Introduction
1.1 Background of study
1.2 Statement of the problem
1.3 Purpose / objective of the study
1.4 Research question
1.5 Research hypothesis
1.6 Significance of study
1.7 Scope, limitations and delimitations
1.8 Definitions of terms
References
CHAPTER TWO
Review of related literature
2.1 The meaning of agricultural finance
2.2 Financing agricultural projects in developed country
2.3 Agricultural finance in Nigeria as a developing country
2.4 Problems facing agricultural project finance in Nigeria
commercial bank (first bank of Nigeria plc)
2.5 Agricultural financing in Enugu state
2.6 Evaluation of commercial banks (first bank
f Nigeria plc) performance in granting agricultural loans
2.7 Sources of agricultural finance in Enugu state
2.8 An overview of the federal government assistance
in relation to agricultural finance
References
CHAPTER THREE:
Research design and methodology
3.1 Research design
3.2 Area of study
3.3 Population
3.4 Sample and sampling techniques
3.5 Instruments of data collection
3.6 Methods of data presentation
3.7 Methods of data analysis
References
CHAPTER FOUR
Data presentation and analysis
4.1 Presentation of questionnaire
4.2 Discussion of result
References
CHAPTER FIVE
Findings, recommendations and conclusions
5.1 The findings of the study
5.2 Recommendations
5.3 Conclusions
Bibliography
Appendix
Questionnaires