THE ROLE OF AGRICULTURE CREDIT GUARANTEE SCHEME FUND IN THE DEVELOPMENT OF AGRICULTURE (A CASE STUDY OF CENTRAL BANK OF NIGERIA, ENUGU)

ABSTRACT: Agricultural credit guarantee scheme fund was established to help farmers who have little or no collateral to get loans from commercial banks by CBN. It was the aim of this research work to find out if CBN has helped in developing cooperative activities in agricultural aspect through their giving of loan, grant, and other farm inputs. Chapter one contained great discussion of the origin and existence of this scheme (ACGSF), it also went further to state the problems to be studied, research question scope and definition of terms. A number of past and present literature review was examined by the researcher and all these highlighted in chapter two, chapter three dealt with the methodology for the study population and so on.    In chapter four data gotten from the research surveyed was analyzed and interpreted. Also similar questions on both questionnaire were compared.  Finally the summary of these findings was that farmers need to be encouraged to get loan though the measurement of CBN in the reduction of collateral and surety for guaranteeing loans, if banks and farmers/artisans would put the recommendation made in the study into use there would be increase and improvement in activities of agriculture and also continues growth and development in the agricultural sector.