THE ROLE OF COMMERCIAL BANKS IN AGRICULTURAL DEVELOPMENT IN NIGERIA (1986-2010)

ABSTRACT

The study examines the role of commercial banks in Agricultural

development in Nigeria, spanning from 1986-2010. The methodology used is

ordinary least squares (OLS), using P.C give 8.00 package. The findings

from the study support the view that commercial bank loans are not getting

to red farmers. The commercial banks loan to Agricultural sector is positive

and significant at 5% level, contributing 67.65 percent variations in Real

Agricultural output in Nigeria. Real interest rate and real exchange rate are

both positive, but not significant at 5% percent level. The positive real

interest rate shows that Investments in Agricultural sector in Nigeria has a

very high rate of return. The findings suggest that real interest and exchange

rates should be properly managed and periodically received so as to

promote the growth of the Agricultural sector.

TABLE OF CONTENTS

Title Page - - - - - - - - - - - i

Certification - - - - - - - - - - ii

Dedication - - - - - - - - - - iii

Acknowledgement - - - - - - - - - iv

Abstract - - - - - - - - - - - v

Table of Content - - - - - - - - - vi

CHAPTER ONE

1.0 Introduction - - - - - - - - - 1

1.1 Background Study - - - - - - - -

1.2 Statement of the Problem - - - - - - -

1.3 Objective of the Study - - - - - - -

1.4 Hypothesis of the Study - - - - - - -

1.5 Significance of the Study - - - - - - -

1.6 Scope and Limitation of the Study - - - - -

CHAPTER TWO

2.0 Theoretical Review - - - - - - - - -

2.1 Agricultural Development - - - - - - - -2.1.1 Agricultural Credit Guarantee Scheme Fund (ACGSF) - - -

2.1.2 The National Fadama Development Project - - - - -

2.1.3 Agriculture and Export Earnings - - - - - - -

2.1.4 Agriculture and balance of Payment - - - - - -

2.1.5 Agriculture and Food Supply - - - - - - -

2.1.6 Agriculture and Employment - - - - - - -

2.1.7 Past Efforts at Revamping Agriculture in Nigeria - - - -

2.2 Empirical Literature Review - - - - - - - -

CHAPTER THREE

3.0 Research Design and Methodology - - - - - -

3.1 Design and Methodology - - - - - - - -

3.2 Model Specification - - - - - - - - -

3.2.1 Dependent Variable - - - - - - - - -

3.2.2 Explanatory or Independent Variable - - - - - -

3.3 Structural Presentation of the Model - - - - - -

3.4 Mathematical Presentation of the Model - - - - -

3.5 Method of Evaluation - - - - - - - - -

3.6 Data Required and Sources - - - - - - - -CHAPTER FOUR

4.0 Presentation and Analysis of Result - - - -

4.1 Regression Result - - - - - - - -

4.2 Result Interpretation - - - - - - -

4.2.1 Evaluation Based on Economic Criteria - - -

4.2.2 Statistical Test (First Order Test) - - - - -

4.2.3 Econometric test (Second Order Test) - - - -

4.3 Policy Implementations - - - - - -

CHAPTER FIVE

5.0 Summary of Findings, Recommendation and Conclusion -

5.1 Summary of Findings - - - - - - -

5.2 Recommendation - - - - - - - -

5.3 Conclusion - - - - - - - - -

References - - - - - - - - -