Federal Government Launches Credit Guarantee Scheme
Yakubu Dogara Becomes Chairman, NCGC
President Bola Ahmed Tinubu has approved the appointments of the former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, as Chairman of the National Credit Guarantee Company Limited (NCGC) Board, while Mr. Bonaventure Okhaimo will serve as the MD and CEO.
Other key appointments include:
Mrs. Tinoula Aigwedo as Executive Director of Strategy and Operations.
Dr. Ezekiel Oseni as Executive Director, Risk Management.
Ms. Yeside Kazeem, an experienced actuarial expert, as an Independent Non-Executive Director.
President Bola Ahmed Tinubu has launched the National Credit Guarantee Company Limited (NCGC). This new entity, supported by an initial fund of N100 billion, aims to mitigate the risks associated with lending and increase financial access for Micro, Small and Medium Enterprises (MSMEs), small businesses, manufacturers, consumers, and larger companies throughout Nigeria.
The National Credit Guarantee Company will support the work of the CrediCorp, which been operational since 2023
