Agricultural Credit Guarantee Scheme Fund Act. Country/Territory Nigeria Document type Legislation Date 1977 (2004) Source FAO, FAOLEX Long titleAn Act to establish an Agricultural Credit Guarantee Scheme Fund into which shall be subscribed a certain sum to provide guarantees for loans granted for agricultural purposes by any bank Subject Agricultural & rural development Keyword Agricultural development Institution Credit Special fund Geographical area Africa, North Atlantic, Western Africa Abstract This Act establishes the Agricultural Credit Guarantee Scheme Fund and the Agricultural Credit Guarantee Scheme Fund Board, which shall be a body corporate. The Act also provides for the granting of loans by the Fund and defines limits of liability of the Fund in respect of guarantees and forms of security for loans. The functions of the Board shall include monitoring the operation of the Scheme, evaluating the progress of the Scheme and advising the Minister as to changes required to improve the operation of the Fund. Full text English Website www.placng.org References - Legislation Amended by The Agricultural Credit Guarantee Scheme Fund (Amendment) Act, no. 7 of 2019. Legislation | Nigeria | 2019 Keyword: Institution, Credit, Special fund, Coffee/cocoa/tea, Farming, Financial agricultural measures, Transport/storage, Agricultural commodities, Agricultural development Source: FAO, FAOLEX