National Credit Guarantee Company Act (Repeal and Re-enactment) Bill, 2026
A Bill for an Act to Repeal the National Credit Guarantee Company Act and Enact the National Credit Guarantee Company Act to Make Comprehensive Provision for the Sector and for Related Matters
In plain terms
This bill updates the existing law governing the National Credit Guarantee Company. It sets out who is in charge, how the work is funded, and what powers apply. (Demonstration summary.)
Legislative journey
Gazetted
Wednesday, 21 January 2026 · passed
First Reading
Tuesday, 24 February 2026 · passed
Second Reading
Tuesday, 17 March 2026 · passed
Referred to Committee
Wednesday, 1 April 2026 · referred
Public Hearing
Wednesday, 22 April 2026 · passed
Committee Report Laid
Tuesday, 19 May 2026
Committee of the Whole
Not yet reached
Third Reading
Not yet reached
Senate Concurrence
Not yet reached
Clean Copy Transmitted
Not yet reached
Presidential Assent
Not yet reached
Act of the National Assembly
Not yet reached
Co-sponsors (3)
Public hearings
Wednesday, 22 April 2026
Public Hearing on the National Credit Guarantee Company Act (Repeal and Re-enactment) Bill, 2026
Committee Room 429
Public engagement
8 published submissions
3 support · 2 oppose · 3 comment
Have your say on this bill
- Deborah K.Abianeutral
Can the committee clarify how this interacts with existing legislation on the same subject?
- Jibrin L.Zamfarasupport
This is long overdue. My community has waited years for this and I hope the House passes it quickly.
- Khadija S.Plateauoppose
I do not think another agency is the answer. Strengthen the existing one instead of creating new overheads.
- Omolara O.Bayelsaneutral
Can the committee clarify how this interacts with existing legislation on the same subject?
- Ejiro A.Ekitioppose
I do not think another agency is the answer. Strengthen the existing one instead of creating new overheads.
- Tijani O.Federal Capital Territoryneutral
Please publish the committee report when it is laid so the public can read it.
- Lawal F.Deltasupport
I support this bill, but please make sure the funding is ring-fenced so it actually reaches the people.
- Ugochi O.Edosupport
I support this bill, but please make sure the funding is ring-fenced so it actually reaches the people.