Apex Bank Intervention and Agricultural Development in Nigeria

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Abstract

The Nigerian apex bank's agricultural intervention has continued to have a substantial influence on the 
growth of the agricultural sector, primarily through mobilizing credit facilities for the country's small, 
medium, and large-scale commercial farmers. The study shows that the apex bank also aided the 
industry by using loan guarantees to handle default concerns, with the goal of encouraging commercial 
financial institutions to do business with agricultural business owners. The research does, however, 
include the Central Bank of Nigeria's intervention facilities for agricultural growth in Nigeria.