THE CONTRIBUTION OF BANKING SECTOR TO AGRICULTURE GROWTH (A CASE STUDY OF FIRST BANK OF NIGERIA PLC, ENUGU STATE)
Abstract
The research work is survey research design which was conducted to find out the contributions of the banking sector to Agriculture growth in Rural Areas a case study of the First Bank of Nigeria Plc, Enugu. The researchers used sapling techniques to select the population for the study after the investigations some findings were made. Banking sector lending was positively related with agriculture output and the interest charge by those banks negatively related with agricultural output in Nigeria from the responses of the rural dwellers. It was discovered that the deposit of collateral before the collection of bank loan is difficult to the farmers. It is also discovered that the rural dwellers do not have interest in the collection of loan from the bank due to the heavy interest involved.
