The Guardian (Nigeria)

Buhari unveils National Institute of Credit Administra­tion, bags award

- By Jimisayo Opanuga

PRESIDENT Muhammadu Buhari, yesterday, unveiled the National Institute of Credit Administra­tion ( NICA).

The President was represente­d by Minister of Finance, Budget, and National Planning, Zainab Ahmed.

In her address, the minister was “excited that through sheer determinat­ion and the painstakin­g commitment­s of critical stakeholde­rs, we are here to witness yet another major milestone in our nation’s quest to institutio­nalise systems that would ensure steady growth, stability, and sustainabi­lity of our economy.”

Ahmed stated that the Institute of Credit Administra­tion ( ICA), which is now known as the National Institute of Credit Administra­tion, signals an unpreceden­ted foundation that has been laid for the transition of the Nigerian economy from cash- based to a system that will serve as a catalyst for growth.

According to her, NICA will ensure adherence to standard, check unethical conduct and abuse, and grow Nigeria’s economy to the point of creating wealth and jobs.

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