According to Nairametrics, the National Insurance Commission, the National Institute of Credit Administration, the Bank of Industry, and the Federal Inland Revenue Service were also represented on the Technical Group.
The Committee has a five-month schedule to complete its objectives, according to a statement released on Wednesday by the Minister of Industry, Trade, and Investment, Dr Doris Nkiruka Uzoka-Anite.
The Committee’s specific objectives include increasing consumer credit uptake in Nigeria, enabling a sustainable credit system for the country in line with global best practices, and improving the supporting infrastructure (technology, data, financial institutions, global partners) to boost credit operations and equip industry players.
Earlier this week, during the inaugural meeting of the Technical Working Group for Consumer Finance, the Trade Minister stated: READ MORE
