The Role Of Financial Institutions In Agricultural Development In Nigeria (a Case Study Of Nigerian Agricultural And Cooperative Bank - Nacb)

INTRODUCTION 1.1BACKGROUND OF INFORMATION  Agriculture is still most important sector of the country’s economy. It’s role in economic development can be traced back to, at-least to the mid-eighteenth century, and which was central to the early development of the analytical economics by Adam Smith, David Richardo, and Thomas Malthius, typically some 40 to 60 percent of the national income is produced in agriculture and from 50 to 80 percent of the labour force is engaged in agricultural production.  However, agriculture has four major roles to play in economic development. These are, to increas…