HOW NIRSAL INTERVENTION FACILITATE N78BN TO AGRIC SECTOR: P.G 19 OF NOVEMBER 6, 2018.

By Sunday Michael Ogwu
The paper reports that, the slow pace of socio-economic transformation in Nigeria can be attributed to the neglect of the agricultural sector as an engine of growth.
Amongst some of the key roadblocks identified by the team of experts assigned some years back by the Central Bank of Nigeria to dig out the problem of the sector was access to finance to the sector. Reasons being that the Nigerian banks were wary of extending loans to farmers while the farmers are not willing to take the loans even if they were offered by the banks due to the many associated to the farming activities in the country.