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.
Nigeria · 1977-03-08