President Bola Tinubu announced the launching of the first phase of the Consumer Credit Scheme on April 21, a programme designed to offer credit facilities to working citizens in the country.
The President’s special adviser on media and publicity, Ajuri Ngelale, said the first phase of the scheme will begin with civil service members before extending to the main public.
Ngelale emphasized that consumer credit plays a pivotal role in modern economies, empowering individuals to elevate their standard of living by acquiring goods and services upfront and responsibly managing payments over time.
The scheme facilitates vital investments like housing, transportation, education, and healthcare, crucial for sustaining stability and pursuing personal aspirations.
He noted that registration for the initial phase will conclude on May 15, 2024, for those interested in participating.
As a working Nigerian, particularly a civil servant, visit the official website of the scheme which is credicorp.ng to express interest.
Once the website is open, click on the bold Register Now icon which is on the website. This will direct the applicant to the personal information page where the applicant would be asked to fill in all his personal information, including state of origin and state of residence.
After filling in the personal details and clicking proceed, the applicant will be directed to the next page where he must state reasons for applying for the loan.
After proceeding to the next page, the applicant must fill in his employment details.
On the next page, the applicant must fill in his secondary employment details (side hustle). This is an optional requirement for those who have secondary employment.
Lastly, the applicant will be required to do a face capture to complete the registration. After the face registration, the registration will be completed.