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An Appraisal Of The Impact Of Deposit Money Banks On The Agricultural Sector (1980 - 2015).

Dept: ECONOMICS File: Word(doc) Chapters: 1-5 Views: 1

Abstract

Nigeria is endowed with huge expanse of fertile agricultural land, rivers, streams, lakes, forest and grassland, as well as a large active population that can sustain a high productive and profitable agricultural sector; yet the country is an import dependent nation even of the commodities she would have ordinarily produced, given her natural endowment. The study then investigates the impact of Deposit Money Banks on the Agricultural sector with this question in mind: “does it mean that deposit money banks are not advancing adequate credit that will boost the productivity of the agricultural sector?” We developed two models, in line with economic theory. The first model investigates the impact of Commercial Bank credit and Government expenditure on agriculture on the level of Agricultural productivity in Nigeria. The second model looks at the contribution of agricultural productivity on the Gross Domestic Product with interest rate as a control variable. The study found th
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