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President Tinubu Approves Takeoff Of Consumer Credit Scheme* - Politics - Nairaland

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President Tinubu Approves Takeoff Of Consumer Credit Scheme / President Tinubu Appoints Uzoma Nwagba As CEO Of Consumer Credit Corporation / FG To Pay Youth Unemployment Benefits, Sets Up Consumer Credit Programme (2) (3) (4)

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President Tinubu Approves Takeoff Of Consumer Credit Scheme* by ryloy: 2:31pm On Apr 24
President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme.

Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.

Through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Additionally, the increased demand for goods and services stimulates local industry and job creation.

The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.

The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following:

(1) 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.

(2) Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.

(3) Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.

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 http://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.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

April 24, 2024

3 Likes 2 Shares

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by ryloy: 2:32pm On Apr 24
Working Nigerians interested in receiving consumer credit can visit http://credicorp.ng to express interest. The deadline is May 15, 2024.

https://www.credicorp.ng/


Another campaign promise fulfilled

E patewo fun Asiwaju Tinubu

God Bless Federal Republic of Nigeria

2 Likes 1 Share

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by socialmediaman: 2:33pm On Apr 24
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by chopnaira: 2:37pm On Apr 24
Wow
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by kokoA(m): 2:38pm On Apr 24
Nice one
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by courage89(m): 2:39pm On Apr 24
Very nice
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by shortgun(m): 2:46pm On Apr 24
grin grin
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by adekolaelect(m): 2:49pm On Apr 24
Good news 👍😊😊
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Septagon: 3:18pm On Apr 24
Too much grammar.What is the benefit to the common man on the street?

Hadley chase available

1 Like

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Ttalk: 3:22pm On Apr 24
Tinubu is gradually fulfilling his campaign promises. Thank God Nigerians chose him ahead of Gbajue Yesdaddy and the Dubai customer dadani

9 Likes 1 Share

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by YorubaNiBaba(m): 3:32pm On Apr 24
Another banger
Weldone mr president
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by WorldRichest: 3:57pm On Apr 24
Tinubunomics

Emilokan Tinubu's head is just too much. So much in one head. This is no doubt the god of Politics and Economics.

1 Like

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by LegendHero(m): 3:58pm On Apr 24
I see this is part of Tinubu manifesto. Good he’s initiating it.

Let’s see student loan come alive too and e go make sense.

8 Likes 1 Share

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by WorldRichest: 3:58pm On Apr 24
Septagon:
Too much grammar.What is the benefit to the common man on the street?

Hadley chase available

The English there is too much for school dropouts and traffic traders

1 Like

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by nedu666: 4:05pm On Apr 24
Without a stable economy, stable jobs, no financial institution will give you credit for consumption. Moreover Nigerians hate paying back loans as evidence from amcon and online loan companies
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by David160(m): 4:06pm On Apr 24
ryloy:

President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme.

Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.

Through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Additionally, the increased demand for goods and services stimulates local industry and job creation.

The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.

The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following:

(1) 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.

(2) Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.

(3) Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.

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 http://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.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

April 24, 2024


Finish student loan first.
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Ogonimilitant(m): 4:07pm On Apr 24
Propaganda. See all the ebin pawa people invading the trade.

Igbos are being thought a bitter lesson grin
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by StOla: 4:09pm On Apr 24
This is a major policy.

Tinubu if you manage do this one, your name will never be forgotten.

1 Like

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by StOla: 4:10pm On Apr 24
LegendHero:
I see this is part of Tinubu manifesto. Good he’s initiating it.

Let’s see student loan come alive too and e go make sense.


It is one of the most interesting policies in the renewed hope manifesto.

We need to move into the 21st century.

1 Like

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by StOla: 4:11pm On Apr 24
Ogonimilitant:
Propaganda. See all the ebin pawa people invading the trade.

Igbos are being thought a bitter lesson grin

What has this policy got to do with any tribe?

Even when you are insignificant to the news, you try to make the news about yourselves.

The inferiority complex is a tribal pandemic.

2 Likes

Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Melagros(m): 4:13pm On Apr 24
COMRADES I don't think this action will benefit a common man in the street
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by LegendHero(m): 4:13pm On Apr 24
StOla:


It is one of the most interesting policies in the renewed hope manifesto.

We need to move into the 21st century.

Provided those that will get the loan will pay back.

Nigerian is a place that good idea sometimes die off due to people greed and anyhowness.

Let’s see how it goes
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Balogunodua(m): 4:17pm On Apr 24
Septagon:
Too much grammar.What is the benefit to the common man on the street?

Hadley chase available
What school did you attend?
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by PressMyButton: 4:39pm On Apr 24
Excellent, you snooze you loose. Some people didn't know this was one of his campaign promises, see them looking like a lost goat.
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by chinchum(m): 4:46pm On Apr 24
nedu666:
Without a stable economy, stable jobs, no financial institution will give you credit for consumption. Moreover Nigerians hate paying back loans as evidence from amcon and online loan companies
Nigerians who don't repay can be awarded a low credit score that will hurt and reduce chances of getting further credit. This sort of agency will oversee credit report and scores I believe.
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by commoditiesnig: 5:02pm On Apr 24
This is a very good initiative

Just as applicable in most overseas countries
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by AcadaWriter: 5:17pm On Apr 24
Wow
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Lovelive: 5:52pm On Apr 24
Many Nigerians credit score has stained under this Apc leadership due to extreme poverty ravaging this blessed land of West Africa.


What do I know self


ryloy:

President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme.

Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.

Through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Additionally, the increased demand for goods and services stimulates local industry and job creation.

The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.

The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following:

(1) 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.

(2) Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.

(3) Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.

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 http://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.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

April 24, 2024
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by Iykopee(m): 5:59pm On Apr 24
grin grin. This is another coastal highway that is designed to fail.

The credit they won't pay back? Another govt comes up with another policy and kick this very one out?

All those loans they gave to northerners in the name of farming, have they paid back the loan?

Oya, hungry man aka ebinpawa baboon, go and collect your loan repackaged as consumers credit. grin grin

And make sure you pay back the loan make thunder no scatter your worthless life.
Re: President Tinubu Approves Takeoff Of Consumer Credit Scheme* by rejoice4eva(m): 7:10pm On Apr 24
This government has a lot to do to attract people's trust
Nothing seems to be working.
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