AIEN lauds Tinubu over Okhaimo’s appointment as NCGC boss
* Says it ‘ll drive entrepreneurship in agric/SME sector
By Steve Oko
Agricultural and Industrial Entrepreneurs of Nigeria (AIEN), has hailed President Bola Ahmed Tinubu, over the appointment of Mr Bonaventure Okhaimo as the Managing Director/CEO of the National Credit Guarantee Company Limited.
AIEN in a statement by its National President and former Director General, National Directorate of Employment (NDE), Chief Chuku Wachuku, said that Okhaimo’s appointment would help drive entrepreneurship in the agric small and medium enterprises (SME) sector.
Chief Chuku Wachuku
Recall that the Board of Directors of the NCGC ltd, headed by former Speaker of the House of Representatives, Yakubu Dogara, with Okhaimo as the Managing Director, was last week at the Presidential Villa, inaugurated by Vice President Kashim Shettima on behalf of President Tinubu.
AIEN, in the statement made available to newsmen on Thursday, described Okhaimo’s appointment as well deserved and meritorious, expressing confidence that Okhaimo “who has almost three decades of unparalleled expertise in development finance and banking”, would bring his wealth of experience to bear.
It recalled that while at Development Bank of Nigeria – DBN, Okhaimo as the Chief Operating Officer (COO), brought in innovation and expansion in the SME landscape.
“AIEN together with our development partners, was very pleased to partner with the DBN because of him. We believe that he will create the much needed experience to drive entrepreneurship in the Agric/SME sector, critical to job and wealth creation”, the statement read.
AIEN commended Tinubu for the choice of Okhaimo to head the NCGC ltd, saying his competence, managerial acumen and innovative skills would mark a new chapter in the history of the company.
The Vice President, had during the inauguration of the NCGC Board, charged members to deepen financial inclusion and stimulate Nigeria’s grassroots economy.
The new company is designed to serve as a financial backbone for micro, small, and medium enterprises (MSMEs) struggling with access to affordable credit.
Shettima had during the inauguration, declared: “This is our response to a stubborn challenge that has stifled our economic potential for decades—access to finance. These entrepreneurs do not ask for handouts; they ask for the credibility of their ideas to be matched by the confidence of our financial institutions.”
Senior Special Assistant to the President on Media & Communications
(Office of the Vice President), Stanley Nkwocha, had in a statement, said that
the establishment of NCGC “represents Government’s commitment to bridging the financing gap that has long plagued MSMEs across the country.”
President Tinubu had on May 29, 2025, announced the establishment of the company, just as he also approved the appointment of its board and management team.
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