Impact of Commercial Banks’ Loan on Agricultural Output in Nigeria

Abstract: The study analyzed agricultural loan administration by some selected Commercial banks in Nigeria. It adopted the survey research design and uses primary data obtained from commercial banks and agricultural loan seekers in Federal Capital Territory Abuja. Mean and standard deviation was used to answer the research question and logistic regression was used to estimate the relationship between the responses of agricultural loan seekers and commercial banks the Findings revealed among others: there is positive impact of agricultural loan by commercial banks on agricultural output in Nigeria, there are barriers to Agricultural Loan Administration by commercial banks in Nigeria. The study recommends that government should legislate other sources of low-cost funding such as the pension funds and the housing scheme funds for commercial banks to finance farmers at low cost and long term.