Tinubu approves take-off of Consumer Credit Scheme

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President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service.

President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme starting with members of the civil service. This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Wednesday in Abuja. The News Agency of Nigeria reports that…

The CCS 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. Ngelale said that the president believed every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.They include strengthening Nigeria’s credit reporting systems, ensuring every economically active citizen has a dependable credit score.It also offers credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.

He explained that working Nigerians interested in receiving consumer credit can visit www.credicorp.ng to express interest before the deadline of May 15. The Nigerian government has suspended Dana Air a day after one of its aircraft crash-landed in Lagos. Nigeria's aviation minister Festus Keyamo directed the Nigeria Civil Aviation Authority to implement the suspension on Dana Air over safety concerns. "In light of these incidents and with the paramount priority being the safety and well-being of…

 

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