The Central Bank of Nigeria is committed to supporting eligible firms with foreign exchange to import machineries and equipment. Let me add that routine audits will be conducted on firms that receive funding, to ensure that they  29  are complying with the terms of the program.
8 The continued postponement of decisions in the yen LIBOR transition is highly likely to make an orderly transition of this massive amount of LIBOR-related contracts very difficult to achieve, which might in turn result in significant impacts on our financial system and financial markets, thus hindering the sound economic activity of individual entities in its extreme cases.