Title: Central Bank of Nigeria's agricultural development intervention schemes in Benue State, 1978-2015: issues, challenges and prospects

Authors: Thaddeus T. Ityonzughul

Addresses: Department of History and Diplomatic Studies, Koladaisi University, Ibadan, Oyo State, Nigeria

Abstract: This paper attempts a historical appraisal of the contributions of the Central Bank of Nigeria (CBN) to agricultural development intervention schemes in Benue State. Adducing supportive evidence from National Bureau of Statistics (NBS), CBN, and other published materials, the paper acknowledges the critical role played by these schemes over a period of time. It also identifies the inhabiting factors to CBN's agricultural development institutions. It further argues that these challenging factors acted as a synergy for making the state of agriculture in Benue State subsistence with unlimited mechanisation and poor crops yields, etc. This paper makes use of oral and written sources. It concludes that though, the CBN's agricultural development schemes impacted positively on the State, these programmes have not fully transformed agriculture in Benue. The total transformation of agriculture in the study area largely depends on the solutions to the above challenges besetting agricultural productivity.

Keywords: Central Bank; Nigeria; agriculture; development; Benue State; intervention schemes.

DOI: 10.1504/IJGE.2021.122652

International Journal of Green Economics, 2021 Vol.15 No.4, pp.301 - 320

Received: 08 Feb 2021
Accepted: 05 Dec 2021

Published online: 04 May 2022 *

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