Sanwo-Olu encourages the National Institute of Credit Administration (NICA) to advance the credit management profession

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Lagos State Governor, Babajide Sanwo-Olu, has encouraged the National Institute of Credit Administration (NICA) to further champion the credit management profession within the country. He expressed this during NICA’s 30th Anniversary Business Networking Dinner Night in Lagos, on a Wednesday.

Represented by Mr. Mobolaji Ogunlende, the Commissioner of the Ministry of Youths and Development of Lagos State, Governor Sanwo-Olu commended NICA for its three decades of accomplishments.

He applauded the dedication, expertise, and unwavering commitment of its leadership and members in promoting excellence in credit management.

The governor highlighted NICA’s role in equipping professionals with the knowledge and skills needed to navigate the dynamic financial landscape over the past few decades.

He also noted NICA’s transition into one of the authoritative bodies for controlling, supervising, and regulating credit management in Nigeria.

Mr. Andy Ojei, the President and Chairman of NICA’s Governing Council, emphasized the crucial role of a robust credit management system in achieving sustainable economic growth.

He stressed that such a system could prevent global economic crises caused by insufficient credit management skills. NICA’s commitment to aiding governments in shaping policies and advocating for their implementation in credit management matters was a source of pride.

NICA’s aim to contribute to the ease of doing business in Nigeria through international collaborations and partnerships, thereby attracting trade and investment, was also highlighted.

Prof. Chris Onalo, the Registrar and Chief Executive Officer of NICA, expressed satisfaction as NICA celebrated its three decades in existence and its recent recognition as a national chartered professional body for credit management knowledge, education, and certification in Nigeria.

He emphasized the importance of hard work, passion, diligence, and dedication in achieving such milestones and reiterated NICA’s vision for a better economic future in Nigeria.

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