This completes my brief overview of the Bank's role in promoting monetary and financial stability. I now propose to turn to the current economic situation. Recent economic developments Let me start with the external environment in which Canada operates.
This has been one of the major challenges of the programme for which efforts are being made to address. I am pleased to inform you that the Bank through NIRSAL Plc., the CBN's Incentive-based, Risk Sharing System for Agricultural Lending, would support trainees in agricultural value-chain businesses by way of credit guarantees, insurance, technical assitance and other incentives.