GCEAgricultural ScienceAgricultural Economics2024

Which of the following organisations is primarily responsible for providing agricultural credit to small-scale farmers in Nigeria?

ANigerian Export Promotion Council (NEPC)
BAgricultural Development Programme (ADP)
CBank of Agriculture (BOA)CORRECT
DNigerian Stored Products Research Institute (NSPRI)
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Why the answer is C, and why the others tempt you.
The Bank of Agriculture (BOA), formerly the Nigerian Agricultural and Co-operative Bank (NACB), is the apex agricultural lending institution in Nigeria set up to provide credit facilities to farmers, especially small-scale farmers. The ADP focuses on extension services, NEPC on export promotion, and NSPRI on post-harvest research.
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