President Bola Tinubu has appointed former House of Representatives Speaker Yakubu Dogara as the chairman of the newly established National Credit Guarantee Company Limited (NCGC).
A statement issued by the presidency on Thursday stated that Tinubu also approved the appointment of the company’s board and management team.
Mr Bonaventure Okhaimo will serve as the Managing Director and Chief Executive Officer of the company.
President Tinubu also appointed Mrs Tinoula Aigwedo as Executive Director of Strategy and Operations, while Dr Ezekiel Oseni will serve as Executive Director of Risk Management.
Yeside Kazeem has also been appointed as an Independent Non-Executive Director.
The statement added that the 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.”
