I promised you credit-based economy - Tinubu

President Bola Tinubu has assured to move Nigeria towards a credit-based economy. He explained that this involves establishing a loan guarantee scheme to help small businesses access finance, with institutions like CREDICORP, NELFUND, the Bank of Industry, and the Development Bank of Nigeria playing key roles. Tinubu emphasized that the National Credit Guarantee Company addresses one of the toughest barriers to business credit, enabling workers and small businesses to invest and pay over time.