The birth of the Nigerian Agricultural, Cooperative and Rural Development Bank (NACRDB) Limited as the single largest development finance institution in
Nigeria followed the successful merger of the former People’s Bank of Nigeria (PBN); the defunct Nigerian Agricultural and CO-operative Bank (NACB) Ltd. And the risk assets of the Family Economic Advancement programme (FEAP) in October, 2000. Thus; NACRDB is dedicated primarily to agricultural financing at both the micro and macro levels, as well as micro financing of small and medium scale enterprises. The Bank is a registered limited liability company that is wholly owned by the Government of the Federal Republic of Nigeria with the share capital fully subscribed by the Federal Ministry of Finance Incorporated 60% and the Central Bank of Nigeria 40%. The Bank’s briad mandate encompasses savings mobilization and the timely delivery of affordable credit to meet the funding requirements of the teeming Nigeria population in the agricultural and non-agricultural sectors of the national economy.
Address: Yakubu Gowon Way, P.M.B. 2155, Kaduna.
Phone: +234 62 244417, 245383, 231005, 244099; Fax: +234 62 244612
Email: info@nacrdbank.com
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The emergenceand development of the bank is great to the agricultural sector and the nation at large and i will be glad to be a member of the team in taking it to greater height. am a graduate in agricultural extension and rural development from obafemi awolowo university ile-ife osun state with a degree in b.agric
Sir/Madam
We want to know the procedure of securing a loan to expand our farm which is situated at Auchi Edo State.Please we will be very greatful if you can help us out because we have the bigest farm in edo north presently and we are about expanding to enable us meet up with our customer demand. Thanks.
Azeta Alfred.