THE NATION
AConsumer Credit Scheme to put money in the pockets of Nigerians, boost manufacturing and stimulate economic growth has been rolled out by the Federal Government.
Presidential spokesman Ajuri Ngelale yesterday announced the beginning of the plan following its approval by President Bola Ahmed Tinubu.
It is a cardinal campaign promise by the President.
According to Ngelale, apart from empowering Nigerians to improve their quality of life, the programme will also lead to access to goods and services.
The first phase of the programme will be available to civil servants before its extension to other Nigerians.
Ngelale explained: “Consumer credit 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.
“It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.
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