Apex Bank Intervention and Agricultural Development in Nigeria

The Nigerian apex bank's agricultural intervention has continued to have a substantial influence on thegrowth 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 theindustry by using loan guarantees to handle default concerns, with the goal of encouraging commercialfinancial 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.