The National Credit Guarantee Company (NCGC) has officially begun operations, marking a significant step in President Bola Ahmed Tinubu’s pledge to unlock economic potential in Nigeria and inspire similar growth across the country. NCGC aims to transform access to credit for Micro, Small, and Medium Enterprises (MSMEs), driving productivity, job creation, and broad economic growth in line with the President’s Renewed Hope Agenda.
Bonaventure Okhaimo, MD/CEO of NCGC, expressed immense optimism at the launch, stating, “We are poised to revolutionize credit access for businesses, particularly MSMEs, and catalyze economic development.” He emphasized that NCGC will work closely with regulators, private sector organizations, financial institutions, and stakeholders to ensure its policies and processes meet global best practices.
Okhaimo assured that NCGC’s partnerships will deliver world-class services, supporting MSMEs to thrive in competitive markets. He called for collaboration and support from customers, as well as domestic and international partners, pledging transparency and dedication to the company’s mission.
As NCGC commences operations, its commitment to robust engagement and diligent implementation stands as a beacon of hope for MSMEs across Africa, promising a new era of accessible credit and economic opportunity.
