Institutional Support to the Nigerian Agricultural and Cooperative Bank (NACB)


Project Summary

Approval Date 21 Apr 1992
Signature Date 09 Oct 1992
Planned Completion Date 31 Dec 1997
Last Disbursement Planned Date 31 Dec 1997
Sovereign / Non-Sovereign Sovereign
Sector Agriculture and Rural Development
DAC Sector Code 31110
Commitment U.A 3,083,907.14
Status Completion

Project Objectives

The objective of the Institutional Support Programme (ISP) was to enhance NACB's capability to administer its lending programme, in support of an increased and sustained agricultural production. The ISP was programmed to complement other on-going ADB efforts towards contributing to FGN's policy of promoting agricultural growth and farmers revenue improvement through better management and credit delivery system. Specifically, the ISP was intended to provide funds for the strengthening of project appraisal, management and loans recovery systems, and to provide for loan/data processing equipment at the zonal and branch offices. It was also meant to support the restructuring exercise of the financial directorate of NACB.

Participating Organization

Funding
African Development Fund
Extending
Government Of Nigeria
Implementing
NIGERIA AGRIC & CO-OPERATIVE BANK LTD

Information

IATI identifier 46002-P-NG-AA0-009
Last Update 24 Sep 2022

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Geographic Location

Country Nigeria