President Bola Ahmed Tinubu said participating lenders have extended N46.95 billion in loans through the National Credit Guarantee Company, NCGC.
Tinubu made this disclosure in a statement on his official X account on Monday.
According to him, NCGC has issued N21.59 billion in guarantees so far.
He stressed that the government-owned credit firm has 67,512 borrowers across 25 states and the Federal Capital Territory, with 11,374 of them being women.
