Business Nigerian banks give only 4% of their loans to agriculture - Premium TImes

Nigeria News

Moderator
Despite efforts by the Nigerian government to focus on agriculture and make it a mainstay of the Nigerian economy, Nigerian banks gave only 4.20 per cent of their total loans to the sector in the second quarter (Q2) of this year.

A total of N15.1 trillion was given as loans in the second quarter of 2019, out of which only N636 billion was given to agriculture.

agric.PNG

read more
 
Back
Top