The Zaar Kingdom has erupted in celebration following President Bola Ahmed Tinubu’s appointment of the former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, as the Board Chairman of the National Credit Guarantee Company Limited (NCGC).
In an official communiqué from the Gung Zaar Council, the appointment was hailed as a “divine testament” to Dogara’s career in public service and a strategic win for Nigeria’s financial ecosystem.
A Legacy Reaffirmed
The letter, signed by Council Secretary Bitson M. Timothy, emphasized that Dogara’s new role is more than a political appointment—it is a national recognition of a “sterling record of service.” As the Jendhm 1st of the Zaar Kingdom, Dogara has long been seen as a bridge-builder, and his transition to the NCGC is expected to provide the same steady leadership he once brought to the National Assembly.
“Your example continues to inspire generations of leaders within and beyond our land,” the Council stated, noting the “immense pride and honour” the news has brought to the Zaar people.
The Mission: Transforming Access to Finance
The timing of this appointment is critical. The NCGC sits at the heart of the Federal Government’s plan to de-risk lending for small and medium-sized enterprises (SMEs).
Under Dogara’s chairmanship, the NCGC is tasked with:
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De-risking SMEs: Providing the guarantees needed to encourage commercial banks to lend to smaller, “high-risk” businesses.
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Lowering Barriers: Helping entrepreneurs without traditional collateral gain access to vital capital.
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Economic Milestones: Driving the financial inclusion metrics necessary for Nigeria’s 2030 economic targets.
Solidarity and Stewardship
The Gung Zaar Council has pledged its “collective prayers and solidarity,” viewing Dogara’s elevation as a pivotal moment for both the kingdom and the country. The consensus among stakeholders is clear: under his stewardship, the NCGC is expected to unlock “unprecedented milestones” in the Nigerian credit market.
The Verdict: By appointing a seasoned legislator and intellectual to head the NCGC, the administration is signaling a move toward high-level governance in the financial sector. For the Zaar people, it is a moment of pride; for Nigerian entrepreneurs, it is a beacon of hope for easier access to credit.
