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Civil servants to benefit first from credit scheme as CREDITCORP takes off

CreditCorp is ready for take off as President Bola Tinubu approved the first phase of the Consumer Credit Scheme.

But civil servants will first access the credit provided by the agency before it is thrown open to all Nigerians in other phases.

Interested civil servants have up till 15 May to indicate interest in seeking credit from CREDITCORP. They can do this by visiting www.credicorp.ng.

President Tinubu believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role.

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”.

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