QUESTION 2:
The following are development finance institutions in Nigeria:

I. Bank of Agriculture
II. Bank of Industry
III. The Infrastructure Bank
IV. Development Bank of Nigeria
V. The Nigerian Export-Import Bank

A. I, II, III, and V
B. I and III
C. I and II
D. I only
E. All of the answers



Answer :

Final answer:

Development finance institutions in Nigeria are important for economic growth and infrastructure development.


Explanation:

Development finance institutions in Nigeria play a crucial role in fostering economic growth and infrastructure development. These institutions provide financial support for projects that contribute to the country's overall advancement. In Nigeria, Bank of Agriculture, Bank of Industry, The Infrastructure Bank, Development Bank of Nigeria, and The Nigerian Export-Import Bank are essential entities that aid in funding development initiatives.


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