Banking in Nigeria has gone through very dramatic changes within this decade the industry has grown beyond optimistic expectations. Over the period, the number of banks expanded, the variety of banks increased, banking operation were substantially deregulated, competition increased and banks were forced to be more innovative and service oriented.
Nigerian Agricultural, co-operative and Rural development bank (NACRDB) COME IN AS A Financial Institution which provides medium and long term credit for the creation or expansion of agricultural, commercial and industrial enterprises of the Economy. It is mostly established by the government.
In Nigerian Economy, agricultural sector is among other sector which is very central to it’s economic growth and development. It play very vital role in the economy by providing food, increasing domestic savings, providing foreign exchange earnings, employment, providing raw- materials for the industrial sector, as well as improving the gross domestic product of the country.
Before NACRDB was established, several other measures had been taken by the government to encourage agriculture in the country, but they all failed the economy. It is in search for an efficient agricultural financing institution that these Nigerian Agricultural, co-operative and Rural development bank came in
TABLE OF CONTENT
Table of content
Background of the study
Statement of the problem
Purpose of the study
Significance of the study
Limitation of the study
Review of literature
Research design and methodology
Sources of data
Location of data
Method of investigation
Recommendation and conclusion
Ugwu, A. (2018). THE ROLE OF NIGERIA AGRICULTURAL CO-OPERATIVE AND RURAL DEVELOPMENT BANK ON NIGERIA ECONOMY. Afribary. Retrieved from https://afribary.com/works/the-role-of-nigeria-agricultural-co-operative-and-rural-development-bank-on-nigeria-economy-1167
Ugwu, Anderson "THE ROLE OF NIGERIA AGRICULTURAL CO-OPERATIVE AND RURAL DEVELOPMENT BANK ON NIGERIA ECONOMY" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-role-of-nigeria-agricultural-co-operative-and-rural-development-bank-on-nigeria-economy-1167. Accessed 04 Dec. 2022.
Ugwu, Anderson . "THE ROLE OF NIGERIA AGRICULTURAL CO-OPERATIVE AND RURAL DEVELOPMENT BANK ON NIGERIA ECONOMY". Afribary, Afribary, 29 Jan. 2018. Web. 04 Dec. 2022. < https://afribary.com/works/the-role-of-nigeria-agricultural-co-operative-and-rural-development-bank-on-nigeria-economy-1167 >.
Ugwu, Anderson . "THE ROLE OF NIGERIA AGRICULTURAL CO-OPERATIVE AND RURAL DEVELOPMENT BANK ON NIGERIA ECONOMY" Afribary (2018). Accessed December 04, 2022. https://afribary.com/works/the-role-of-nigeria-agricultural-co-operative-and-rural-development-bank-on-nigeria-economy-1167