President Tinubu Approves Consumer Credit Scheme.
President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme, aimed at empowering Nigerians to improve their quality of life through access to goods and services.
Announcing President Tinubu’s approval in a statement on Wednesday, his special adviser on media and publicity, Ajuri Ngelale, said Consumer credit is the lifeblood of modern economies, and every hardworking Nigerian should have access to social mobility.
This scheme will facilitate crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.
The Nigerian Consumer Credit Corporation will strengthen Nigeria’s credit reporting systems, ensuring every economically active citizen has a dependable credit score.
This score will serve as personal equity, facilitating access to consumer credit.
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