Journal of Agriculture
and Environmental Sciences

The Impact of Banks’ and Public Sector’s Financing Activities on Agricultural Output in Nigeria
Ibe Sunny O

Abstract
The study examined the impact of banks’ and public sector’s financing activities on agricultural output in Nigeria. Towards this background, the paper looked at the Nigeria budgetary allocation to the agricultural sector between 1990 and 2007. An analysis was performed using SPSS. The study discovered that the joint action of commercial banks’ credit to the agricultural sector, government financial allocation to agriculture and agricultural products prices are significant factors that can influence agricultural production in Nigeria. The study recommended that Banks should be encouraged to assist such institutions that are engaged in agricultural financing and that Agricultural financing should be given paramount attention in policy formulation.

Full Text: PDF