THE ROLE OF CENTRAL BANK OF NIGERIA IN CREDIT SUPPLY TO THE AGRICULTURAL SECTOR

The main point of this study is the role of “Central bank of Nigeria in credit supply to agricultural sector”. The project is intended to focus on the adequate of credit supply to Agricultural sector by the central bank of Nigeria’s guarantees scheme has contributed to agricultural financing and the extent the Nigeria Agricultural and co-operative bank has contributed to agricultural project financing. The related literature, which, consists of the view of their authors, were reviewed, as it is seen in the second chapter of this project. The source of data is only on secondary sources. It will consist of the use of newspapers, journals, magazines and seminar papers. After all the information gathered in this project, it was discovered at the end that. * The central bank policy guidelines on agriculture are adequate. * The sectoral allocation has influenced significantly agricultural financing. * The agricultural credit guarantee scheme has contributed significantly towards agricultural programme financing. The recommendation made include that the government should encourage agricultural research by provision of more funds, the financial institutions should be more liberal in their credit policies and farmers on their sides should make efficient use of the funds provided to them and should stop credit diversion.