CHIEF JOE-KYARI GADZAMA, SAN
RE: THE NBA ACCESS TO FINANCE SCHEME COMMENCING
On Monday, May 23, 2022, and Friday, May 27, 2022, the NBA, ably and amiably led by Mr. Olumide Akpata, signed a Memorandum of Understanding (MoU) with First Bank Ltd and Access Bank Plc respectively, as it relates to the framework regulating the NBA Access to Finance Scheme.
The imperative of the instant pilot scheme of the NBA, created for lawyers who may require loans for their working capital, operational needs and sundry purposes, cannot be overemphasized. This is especially true given that lawyers who meet the prescribed eligibility criteria can now access up to N2 Million at a single-digit interest rate.
This is indeed a huge milestone for the NBA community and a further testament to the waves of other lofty welfare initiatives of this present administration. I cannot but wholeheartedly commend this initiative and urge every and any eligible member to key into the many benefits the scheme affords.
As one of my focal areas of interest is to promote viable fiscal policies that enable the financial security, growth and stability of legal practitioners across Nigeria, it is a desire of mine, as a matter of urgency, to see that this instant scheme grows, thrives, and impacts the quality and development of the practice of law and the legal profession in Nigeria through financial empowerment.
Well done, Mr President. We appreciate you.