NEWS
Tinubu Names Dogara, Others to Lead Newly Established National Credit Guarantee Company
President Bola Tinubu has announced key appointments following the launch of the National Credit Guarantee Company Limited (NCGC), a new initiative aimed at improving access to finance across Nigeria.
In a statement released by the presidency on Thursday, Tinubu approved the constitution of the company’s board and executive management team.
Former Speaker of the House of Representatives, Yakubu Dogara, has been appointed Chairman of the NCGC Board. Bonaventure Okhaimo will serve as the Managing Director and Chief Executive Officer.
Other appointees include Mrs. Tinoula Aigwedo as Executive Director of Strategy and Operations, and Dr. Ezekiel Oseni as Executive Director in charge of Risk Management. Yeside Kazeem, described in the statement as an “experienced actuarial expert,” will serve as an Independent Non-Executive Director.
The NCGC, backed by an initial capital injection of N100 billion, is designed to reduce lending risks and improve access to credit for micro, small and medium enterprises (MSMEs), manufacturers, small businesses, consumers, and large companies across the country.
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