National Credit Guarantee Company (NCGC) is a long-awaited institutional intervention in the Nigerian credit market, said Biodun Adedipe, founder/chief consultant, B. Adedipe Associates Limited. He noted this on Monday during his presentation at the stakeholders’ engagement forum organised in Lagos by NCGC.
“It is that component of the credit market that can strongly drive inclusive growth and deepen industrial manufacturing. All stakeholders should collaborate to make it work. Perhaps the greatest risks are moral hazard and political interference. It has potential to operate profitably”.
“The company has started on a good note with well-defined modus operandi and mechanics, and it has a solid leadership team,” Adedipe said.
