NICA welcomes President Tinubu's plan to boost credit culture in Nigeria, applauding his leadership and vision to move from a cash-based economy to a credit system.
National Institute of Credit Administration , at the weekend, welcomed President Bola Tinubu’s plan to boost credit culture in Nigeria. The President, in his inauguration address last Monday, promised that his government would champion a credit culture to discourage corruption, while strengthening effectiveness of various anti-corruption agencies.
According to the don, the inaugural speech dwelt extensively on consumer credit, where Tinubu domesticated benefits of a consumer credit system in transforming the economy. Justifying the need for credit culture, Onalo assured Nigerians that his organisation would lead the way in the nation’s quest to institutionalise systems that ensure steady growth, stability and sustainability of the economy.
Onalo reiterated that NICA looks forward to working with the three tiers of government and corporate organisations in putting Nigeria’s economy on sound footing.
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