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Bullion

Keywords

Agriculture, financing, agrobusiness

Abstract

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.

Author Bio

The authors are staff of the Research Department, Central Bank of Nigeria.

Publication Title

CBN Bullion

Issue

4

Volume

17

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