Description
ABSTRACT
The major function of the Nigerian Agricultural, co-operative, Rural and Development Bank is provision of loans and advances to individual and corporate farmers.
However, there are series of reasons for the need for special funding towards agricultural sector. The agricultural sub-sector is saddled with peculiar risks, risks that can hardly be diversified; illiteracy and ignorance; culture; interest rate, etc
Loan defaults occur when the borrowers can not meet up the repayment of principal and interest within the maturity time stipulated by the bank. Loan defaults have continued to increase tremendously, and it forms the major discouraging factor to the NACRDB in loan or credit extension.
Furthermore, tin the course of financing agriculture the NACRDB is faced with series of problems. Such problems i9clude unsystematic risk, time lag, poor infrastructural facilities, loan diversion, slow rate of return, collateral, government policies, political instability etc.
In other to identify these problems and the measures to solve such problems, the researcher made use of the secondary sources of data as well as partly, the primary source of data.
TABLE OF CONTENTS
ii Title page
iii Approval page
iv Dedication
v Acknowledgement
vi Abstract
vii Table of content
CHAPTER ONE
1.0 Introduction
1.1 Statement of problem
1.2 Rationale of study
1.3 Definition of terms
CHAPTER TWO
2.0 Review of related literature
2.1 the concept of agricultural financing
2.2 Evolution of the NACB
2.3 Overview of the NACRDB
2.4 The need for Agricultural financing
2.5 Objective of NACRDB
2.6 Role of NACRDB
2.7 Lending Operations
2.8 Problems of Agricultural financing in Nigeria
2.9 Measures to prevent the problems of Agricultural financing in Nigeria.
CHAPTER THREE
3.1 Statement of Hypothesis
3.2 Research methodology
3.3 Sources of Data
CHAPTER FOUR
4.0 DATA PRESENTATION AND ANALYSIS
4.1 Data presentation
4.2 Data Analysis
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation
Bibliography