In this regard, the CBN policies will continue to support government endeavours to promote strong and sustainable growth without compromising its mandate to ensure the maintenance of price stability. The conduct of monetary policy will be driven by market-based mechanisms, thereby, building on the progress we have made since we abandoned the direct control measures in 1993.
For instance, under its Targeted Credit Facility 6  (TCF), the Bank has disbursed a total of ₦363.49 billion to 766,719 beneficiaries, comprising 638,070 households and 128, 649  small  businesses. Under  its  Agribusiness Small and Medium Enterprise Investment Scheme (AgSMEIS), the Bank has released ₦134.63 billion to 37,571 entrepreneurs.