Senate President, Dr. Abubakar Bukola Saraki has said the new legislations, Secured Transactions in Movable Assets Act and the Credit Reporting Act passed by the National Assembly last June and immediately signed into law by then Acting President Yemi Osinbajo will support the growth of micro, small and medium sized enterprises (MSME’s) through increased bank lending and reduce bank exposure to loan defaults through pre-examination of credit worthiness for would be borrowers.
