JULY 2013. Ninety percent of Nigeria’s rural population is employed in agriculture, making land the most valued asset of many rural people.  However, much of Nigeria’s land has low soil fertility, and rural farmers often lack the funding to utilize practices that would improve soil fertility and yields from the land.

Formally titled land is the preferred form of collateral for loans from most Nigerian banks.  As rural land is rarely formally titled, rural Nigerian’s often do not have access to formal banking services, limiting their ability to improve their land and their incomes.

In this brief learn:

  • About the lack of formal banking services in rural Nigeria, and the informal channels utilized by rural dwellers to access loans.
  • Why formal banking institutions are reluctant to give loans to rural farmers.
  • How the Land Use Act of 1978 has affected rural land registration, and its impact on access to credit in rural areas.
  • Of the ongoing reforms intended to boost rural access to credit. 



Click here to download and read the brief: Rural Land and Credit Access in Nigeria

Click here to read this brief online in your chosen language