ABUJA – As President Bola Tinubu is set to kick-off the Consumer Credit Scheme in the country, civil servants have been listed to be the beneficiaries in the first phase….CONTINUE READING
This was disclosed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Wednesday, saying consumer credit serves as the lifeblood of modern economies.
He explained that the scheme would enable citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time.MEDICAL CONSULTANTS REVEALED HOW MEN CAN NATURALLY AND PERMANENTLY CURE POOR ERECTION, SMALL AND SHAMEFUL MANHOOD, AND INFERTILITY ISSUES WITHOUT SIDE EFFECTS. STOP THE USE OF HARD DRUG FOR SEX! IT KILLS!!!..
According to the presidential spokesman, it will also facilitate crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.
Ajuri cautioned that through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Adding that, the increased demand for goods and services stimulates local industry and job creation.
He said the president believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.
He noted that the Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following:Advertisement
Strengthening Nigeria’s credit reporting systems, ensuring every economically active citizen has a dependable credit score. This score becomes personal equity they build, facilitating access to consumer credit.
Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.
Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.
“With the president’s directive to expand consumer credit access to Nigerians, the Nigerian Consumer Credit Corporation (CREDICORP) has launched a portal for Nigerians to express interest in receiving consumer credit.
“This initiative, in collaboration with financial institutions and cooperatives nationwide, aims to broaden consumer credit availability.
“Working Nigerians interested in receiving consumer credit can visit www.credicorp.ng to express interest. The deadline is May 15, 2024.
“The scheme will be rolled out in phases, starting with members of the civil service and cascading to members of the public,” he noted.Bola Ahmed Tinubu
