In his New Year’s message to Nigerians, President Bola Ahmed Tinubu announced plans to establish the National Credit Guarantee Company, aimed at expanding access to credit for individuals and critical sectors of the economy.
According to President Tinubu, the National Credit Guarantee Company will be a partnership between government institutions, the private sector, and multilateral institutions. The company is expected to start operations before the end of the second quarter of 2025.
The President emphasized that this initiative will strengthen the confidence of the financial system, expand credit access, and support under-served groups such as women and youth. He believes that this will drive growth, re-industrialization, and better living standards for Nigerians.
President Tinubu also highlighted the importance of national unity and moral rectitude in achieving the country’s goals and objectives. He urged Nigerians to become better and uncompromising in their devotion and allegiance to the country.
The President expressed gratitude to Nigerians for placing their confidence in him and promised to continue serving the country diligently and wholeheartedly.
_Key Highlights of President Tinubu’s Speech_
– Establishment of the National Credit Guarantee Company to expand access to credit
– Promotion of national unity and moral rectitude
– Emphasis on driving economic growth and re-industrialization
– Commitment to serving the country diligently and wholeheartedly