Abstract: As a basic physiology need, threat to sufficient food
production is threat to human survival. Food security has been an
issue that has gained global concern. This paper looks at the food
security in Nigeria by assessing the availability of food and
accessibility of the available food. The paper employed multiple
linear regression technique and graphic trends of growth rates of
relevant variables to show the situation of food security in Nigeria.
Results of the tests revealed that population growth rate was higher
than the growth rate of food availability in Nigeria for the earlier
period of the study. Commercial bank credit to agricultural sector,
foreign exchange utilization for food and the Agricultural Credit
Guarantee Scheme Fund (ACGSF) contributed significantly to food
availability in Nigeria. Food prices grew at a faster rate than the
average income level, making it difficult to access sufficient food. It
implies that prior to the year 2012; there was insufficient food to feed
the Nigerian populace. However, continued credit to the food and
agricultural sector will ensure sustained and sufficient production of
food in Nigeria. Microfinance banks should make sufficient credit
available to smallholder farmer. Government should further control
and subsidize the rising price of food to make it more accessible by
the people.
Abstract: This paper seeks to assess the implications of bank
consolidation on lending, which largely determine the survival and
performance of small and medium scale enterprises and in turn the
development of the Nigerian economy. Ordinary least square
technique, correlation matrix test and Granger –causality test were
employed to measure the extent to which lending to small and
medium scale enterprises were influenced. The result showed that
bank deposit (BD) impacted on lending to small and medium scale
enterprises. Commercial and merchant bank lending rate had
statistically insignificant effect on the dependent variable. There is a
shift of focus by commercial banks from small and medium scale
enterprises (small customers) to major investors (big customers).
While micro finance banks work hard at providing funds to small and
medium scale entrepreneurs, their capacity to meet the needs of these
entrepreneurs is constrained. The capital and deposits of micro
finance bank should be boosted in order to effectively support small
and medium scale enterprises through loans.