President Bola Ahmed Tinubu has appointed Yakubu Dogara, the former Speaker of the House of Representatives, as the new Chairman of the National Credit Guarantee Company Limited (NCGC). The announcement, was made public by the Presidency on Thursday, 29 May 2025.
Dogara appointment was part of a broader leadership structure introduced to guide the NCGC to revolutionise Nigeria. The President also appointed Bonaventure Okhaimo as the Managing Director and Chief Executive Officer (CEO) of the company to steer the institution for achieving its ambitious goals.
Joining the team are several other prominent professionals selected by president Tinubu to support the operational and strategic vision of the NCGC:
Tinoula Aigwedo – Executive Director, Strategy and Operations
Ezekiel Oseni – Executive Director, Risk Management
Yeside Kazeem – Independent Non-Executive Director
The appointees are considered crucial for ensuring the NCGC delivers on its mandate and upholds the highest standards of governance and performance.
In conjunction with the appointments, President Tinubu officially launched the National Credit Guarantee Company Limited (NCGC) a landmark initiative designed to tackle the long-standing issue of limited access to credit in Nigeria. The federal government is backing the venture with an initial capital of ₦100 billion, a significant investment aimed at empowering various sectors of the economy.
According to president Tinubu the NCGC will serve as a critical financial instrument to mitigate the risks traditionally associated with lending, particularly to underserved and high-potential sectors. Which includes Micro, Small, and Medium Enterprises (MSMEs), as well as start-ups, manufacturers, and individual consumers in Nigeria.
