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Agricultural Credit Guarantee Scheme Fund Act.

Country/Territory
Nigeria
Document type
Legislation
Date
1977 (2004)
Source
FAO, FAOLEX
Long title
An 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