Role Of Nardb In The Financing Of Agricultural Co-Operatives Society

The study is aimed at examine the role of bank in the financing of agricultural production with a view of determining the part played by the Nigeria agricultural and rural development bank NACRDB as the apex agricultural lending institution in the state. The researcher aimed to examine the nature of problems inherent such as illiteracy, loan default, loan diversion, poor repayment, natural deserter etc. the general objectives of the study is to determine the contributions of (NACRDB) towards financing agriculture.
The statistical tools used in carrying out the research work include the testing of the questionnaire. The sources of data used are both primary and secondary data. The primary source of data is the administration of the questionnaire of oral interview while the secondary source of data is in form of collecting data from NACRDB, books, journal, new paper and magazine. The sample sizes were 75 by 50 were selected as the number of questionnaire returned. The researcher made some finding in the course of the research work such as agricultural financing by the bank consist of soft loan by small holders, farmers and medium scale farmers, the problem been encounter by banks in agricultural financing include loan default as most people see the bank as government establishment and as such take the loan for national cake. Etc.
Finally, the researcher came up with some recommendation such as bank management should facilitate the process of obtaining their loan by making sure that it comes at the appropriate time and after raining season for farmers.