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Over 1.6m Nigerians Apply For ‘Consumer Credit Scheme’ – FG—-The Federal Government announced on Tuesday that over 1.6 million Nigerians have submitted applications for the consumer credit scheme.

The Managing Director and Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP) revealed the staggering figure, emphasizing the overwhelming response to the initiative.

Launched by President Bola Tinubu on April 21, the Consumer Credit Scheme aims to provide working citizens with access to loans for essential purchases. Just three weeks after its commencement, the volume of applications received has surpassed expectations.

In an interview on Channels Television’s Politics Today, the CREDICORP boss expressed astonishment at the rapid influx of applications. He attributed the surge to the President’s statements and the heightened anticipation among Nigerians.

Since his appointment by the President on April 5, Nwagba has been tasked with leading the administration’s efforts to expand consumer credit availability for working Nigerians. Despite the short timeframe since his appointment, he assured readiness to fulfill the assignment.

Nwagba emphasized the corporation’s systematic approach to reviewing applications and ensuring equitable distribution of credit across Nigeria’s diverse demographics. The overwhelming response underscores the significant demand for accessible credit options among Nigerian citizens.

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JUST IN: Federal Lawmaker Ajang Alfred Iliya Dumps Labour Party For APC

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Federal Lawmaker

JUST IN: Federal Lawmaker Ajang Alfred Iliya Dumps Labour Party For APC—-Thecloudngr that Iliya, who represents the Jos South/Jos East Federal Constituency’s defection, was announced by Speaker Tajudeen Abass.

Abass informed the House about Alfred’s defection in a letter.

TCN reports that just two days ago, a Rep member from the Labour Party, Daniel Chollom, defected to the APC.

Chollom, in a letter read during plenary by Speaker Tajudeen, cited the Labour Party’s leadership crisis and his desire to support the President in national development as reasons for his decision.

Similarly, about a week ago, four members of the House of Representatives from the LP defected to the APC.

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JUST IN: President Tinubu Announces Fresh Key Appointments (FULL LIST)

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JUST IN: President Tinubu Announces Fresh Key Appointments (FULL LIST)—-TCN reports that Bayo Onanuga, special adviser to the president (information and strategy) made this known in a statement on Friday evening, December 6.

Onanuga disclosed that President Tinubu appointed Professor Abdullahi Yusuf Ribadu, a visiting professor at the NUC, as the organisation’s executive secretary.

Prof. Ribadu is an expert in veterinary reproduction and has served as vice chancellor of the Federal University of Technology, Yola, Adamawa state and the Sule Lamido University, Jigawa state.

President Tinubu appointed Prof. Salisu Shehu as executive secretary of the NERDC.

Prof Shehu is a renowned academic in educational and human Psychology. He was said to be instrumental in establishing the School of Continuing Education at Bayero University, Kano, and was the vice-chancellor of Al-Istiqamah University, Kano.

The president also announced Jabiru Salisu Abdullahi Tsauri’s appointment as the National Coordinator of NEPAD.

Jabilu Tsauri holds a Master’s in International Affairs and Diplomacy from Ahmadu Bello University.

He is a seasoned administrator with expertise in legislative affairs, global affairs, and democratic governance and vast experience in public service.

Lastly, Tinubu appointed Yazid Shehu Umar Danfulani as the executive secretary of the SMDF/PAGMI.

Yazid Danfulani holds a Bachelor’s Degree in Business Administration and a Master’s in Arts and Management from the University of Hertfordshire in the United Kingdom (UK).

He has extensive experience in Banking, Computing, and Business Administration.

He once worked at the Central Bank of Nigeria (CBN) and was also a Commissioner for Commerce and Industry in Zamfara State.

According to the presidency, the Nigerian leader believes the appointees’ experience and track record will bring a new sense of commitment, progress, and positive outcomes to fulfil Nigerians’ expectations of their respective organisations.

 

Check out the list of the new appointees below:

Executive Secretary, National Universities Commission (NUC) – Prof. Abdullahi Yusuf Ribadu

Executive Secretary, Nigerian Educational Research and Development Council – Prof. Salisu Shehu

National Coordinator, New Partnership for Africa Development – Jabiru Salisu Abdullahi Tsauri

Executive Secretary, SMDF/PAGMI – Yazid Shehu Umar Danfulani

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