The National Credit Guarantee Company (NCGC) has positioned itself as a catalyst for climate action in Nigeria, pledging to channel its resources and expertise toward unlocking private capital for green projects. At the sidelines of the African Climate Summit in Addis Ababa, NCGC Managing Director/CEO, Mr. Bonaventure Okhaimo, explained that the company sees its CSR as more than financial inclusion — it is about empowering communities through renewable energy, resilient agriculture, and sustainable infrastructure.
Guarantees are not just financial instruments; they are lifelines for communities most vulnerable to climate change. By reducing risk for lenders, we are ensuring that viable green projects from rural solar farms to climate smart farms receive the backing they need to transform lives.
With an initial capitalisation of N100 billion, NCGC is expanding access to finance for MSMEs and community led projects, aiming to strengthen food security, expand clean energy access, and build resilience against climate shocks. Its credit guarantee products, covering up to 40 per cent of loans, are designed to give banks confidence to fund projects that deliver long-term social and environmental impact.
Beyond finance, NCGC is offering technical assistance to banks and entrepreneurs to build a stronger pipeline of bankable climate solutions. This approach reflects to ensure Nigeria not only participates in the global climate finance agenda but also protects its people and future generations.
By embedding sustainability into its operations, NCGC is aligning corporate responsibility with national development goals, sending a strong signal that business, finance, and climate action can move hand-in-hand for inclusive growth.
[give_form id="20698"]
