This institution is mandated to provide low cost credit to small holder and commercial farmers, and small and medium rural enterprises. It also provide micro financing to small and medium scale non-agriculture enterprises.
The aim is to ensure effective delivery of agricultural and rural finance services on a sustainable basis to support the national economic developmental agenda, less dependency in imported food items, and increase in foreign exchange earnings.
Bank of Agriculture is the nation’s Apex agricultural and rural development finance institution. As a development finance institution, it is government owned (CBN 40% and Federal Ministry of Finance 60%), and supervised by Federal Ministry of Agriculture.
About Credit Function
Bank of Agriculture credit functions are activated at the level of direct lending, on lending, collaboration, and
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