But through our Business Outlook Survey, as well as through personal conversations with oil industry executives, we were able to estimate in a timely way the scale of future reductions in business investment.20 The oil price shock also coincided with an important communications advance for the Bank.
We have maintained a particular focus on supporting farmers, entrepreneurs as well as small and medium scale businesses, through our various intervention  programs  such  as  the  Anchor  Borrowers Program, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and the National Collateral Registry.