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Social and Behavioral Sciences

Central Bank of Nigeria

Bullion

1993

Agriculture

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Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo Dec 1993

Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo

Bullion

This paper reviews and appraise the role of government credit policies in the development of agriculture and agro-based industries in Nigeria. The paper is organized into five sections. Section I reviews the objectives of agricultural development and its role in overall economic development. Section II highlights some major policy measures designed to achieve stated agricultural and agro-industrial development objectives, the major sources of financing and institutions established to support agricultural and agro-based industries are appraised in Section III, while Section IV contains the lessons of experience and implications for policy. Section V summarizes and concludes the paper.