President Bola Tinubu has approved the commencement of the N100 billion Consumer Credit Scheme for Nigerians.
The President’s spokesperson, Ajuri Ngelale disclosed this in a statement on Wednesday.
He called on Nigerians to visit the portal of Nigerian Consumer Credit Corporation before May 15, 2024.
“In line 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,” the statement said.
Recall that two months ago,
A presidential spokesman, Bayo Onanuga, had two months ago announced that the Federal Executive Council had given the nod for the establishment of the Consumer Credit Scheme.
According to him, the President’s Chief of Staff, Femi Gbajabiamila, will lead a committee that includes the Budget Minister, Attorney-General, and Coordinating Minister of the Economy and Finance to make the scheme a reality.
