Nigerians are indeed going through a lot, and President Bola Tinubu is well aware of this.
Perhaps the president blames himself for ushering the country into such an era.
We will tell you why we are thinking in this direction.
Of a truth, Nigerians have been suffering for long, but you see, the moment President Tinubu mounted the podium on his inauguration day and waved goodbye to fuel subsidy, the country has never been the same.
As we speak, Nigerians are still feeling the effects of that announcement and so much pressure has been on the president and his administration.
The daily cry by Nigerians is enough to keep this current administration on its toes.
On the other hand, the president has been up and running in a bid to salvage the country.
Loan Schemes
Palliatives here and there and loan schemes well queued up for Nigerians.
As a matter of fact, Nigerians are beginning to wonder if the president plans to throw the entire nation into debt.
It started with the students’ loan, and now Tinubu has approved the commencement of the Consumer Credit Scheme.
The Consumer Credit Scheme aims to increase access to essential goods and services for Nigerians.
It will enable them to make pivotal purchases on credit and pay overtime.
It was on Wednesday that the Special Adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, revealed this.
About Consumer Credit Scheme
He explained that the initiative could boost economic activity and support social mobility across Nigeria.
Ngelale’s statement read: “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.
“President Tinubu is committed to ensuring that every hardworking Nigerian has the opportunity to improve their quality of life.
“This is through structured financial mechanisms like the Consumer Credit Scheme”.
A Catalyst
Furthermore, the president’s spokesman revealed that the scheme will be administered by the Nigerian Consumer Credit Corporation (CREDICORP).
To him, it is designed to ensure every economically active Nigerian had a reliable credit score, bolstering their access to consumer credit.
“This initiative is a catalyst for economic activity and a cornerstone of our strategy to drive sustainable economic growth.
“By facilitating major purchases such as housing, vehicles, education, and healthcare, the scheme is poised to significantly impact the national economy.
It will stimulate demand for goods and services, enhancing job creation, and ultimately driving local industry growth,” Ngelale stated.
Also Read: See When Tinubu Will Launch Students Loan Scheme
Also, Ngelale disclosed that the scheme would first target civil servants, with plans to expand to the general public.
How to Apply
Interested applicants should visit the official application portal below to begin application.
Here is a link to the website >>> www.credicorp.ng
