The Role Of Nigeria Agricultural Co-operative And Rural Development Bank On Nigeria Economy

The Role Of Nigeria Agricultural Co-operative And Rural Development Bank On Nigeria Economy

Table Of Content

Chapter one

preface

Background of the study

Statement of the problem

Purpose of the study

Significance of the study

Limitation of the study

Chapter two

Review of literature

Chapter three

Exploration Design And Methodology

Sources of data

Position Of Data

system of disquisition

Chapter four

Findings

Chapter five

Recommendation and conclusion

Bibliography.

Chapter One

Preface

Background Of The Study

Banking in Nigeria has gone through veritably dramatic changes within this decade the assiduity has grown beyond auspicious prospects. Over the period, the number of banks expanded, the variety of banks increased, banking operation were mainly deregulated, competition increased and banks were forced to be more innovative and service acquainted.

Nigerian Agricultural, united and pastoral development bank( NACRDB) COME IN AS A Financial Institution which provides medium and long term credit for the creation or expansion of agrarian, marketable and artificial enterprises of the Frugality. It’s substantially established by the government.

In Nigerian Frugality, agrarian sector is among other sector which is veritably central to it’s profitable growth and development. It play veritably vital part in the frugality by furnishing food, adding domestic savings, furnishing foreign exchange earnings, employment, furnishing raw- accoutrements for the artificial sector, as well as perfecting the gross domestic product of the country.

Before NACRDB was established, several other measures had been taken by the government to encourage husbandry in the country, but they all failed the frugality. It’s in hunt for an effective agrarian backing institution that these Nigerian Agricultural, united and pastoral development bank came in

Statement Of The Problem

Nigeria Agricultural, united and pastoral development bank have been linked as a catalyst for a meaningful profitable metamorphosis. Herein are among other effects, the problems of the bank.

1. shy finding development backing demands a huge capital out lay but the finance available to the bank is fairly small when compared to the contending requirements.

2. Misconception of bank loans most heirs of development finance feel and incorrectly too that the finances espoused are part of their Nonrefundable share of the public cutlet.

3. Too expansive duty The combination of the duties performed by three different institutions by one bank seems too delicate a task for the bank.

4. shy data NACRDB lacks statistics and information for effective planning of the programmers of the bank.

Purpose/ Ideal Of The Study

The objects of this exploration work, is among other effects the following.

1. To examine critically the benefactions of the bank towards the profitable development of the country.

2. To ascertain, it any, the problems hindering the bank from performing it’s duties.

3. To assess the position of donation which the banks receives from the government.

4. To determine if any, the consequences of the bank’s failure on the Frugality.

Significance Of The Study

This exploration work on the part of Nigerian Agrarian, united and pastoral development bank on Nigerian Frugality will be of immense value to the government. The result will enable the government see reasons why it should allocate further fund to the bank.

Investors, growers and other development finance heirs has a lot to gain from this exploration, the result of the exploration is veritably imperative to them. It’ll enable them to formulate more realistic and unerring honest programs stations by repaying the plutocrat espoused from the bank, to enable the institution reclaim the finances.

Incipiently, this exploration, will serve as a material for unborn exploration.