Agric Credit Guarantee Scheme declines by 38 percent in 2 years

Agric Credit Guarantee Scheme declines by 38 percent in 2 years

Nigerian small farm holders will have to source for more high interest loans from privately owned financial institutions following a consistent decline in loans disbursed under the Agricultural Credit Guarantee Scheme Fund (ACGSF). The ACGSF, which is backed by the Federal Government and the Central Bank of Nigeria (CBN), was established as a window through…

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