The study examined credit acquisition and utilization by farmers in Minna Metropolis by administering structured questionnaire to 90 farmers were randomly sampled from six villages. The data collected were analysed using descriptive statistics. The results indicates that the mean loan procured was N100,000 while only N23,166.50 was utilised on agricultural activities and N348,939.70 was utilised on non-farm activities. It is recommended that the credit agencies should make advisory services on loan procurement and utilization part of the procurement procedures and monitoring of utilization should be intensified. Also mobile units should be established to bring banking services nearer to the farmers and farmers should be adequately educated on the terms of the loan before disbursement which should be done early enough, not later than April each year.