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Bank credit and sectoral growth in Nigeria: An assessment of agriculture, manufacturing and mining contributions to economic growth

Agriculture is Nigeria's largest employer of labour, accounting for about 60 per cent of the workforce, working mainly in small-holdings using basic tools. Alongside livestock farming, it provides a 3rd of gross domestic product. The first goal of agricultural financing policies in Nigeria is to determine an efficient system of sustainable agricultural financing schemes, programs and institutions which could provide micro and macro credit facilities for the small, medium and large scale producers, processors also as marketers. In light of the matter identified above, the study evaluated bank c…

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