The Nigerian Consumer Credit Corporation has expanded access to consumer credit nationwide, reaching more than 227,000 Nigerians through programmes designed to support asset ownership, local manufacturing, and economic growth.
According to a statement on Friday, the Chairman of the corporation’s Board, Aderemi Abdul-Bojela, disclosed this during the rollout of a credit-backed initiative at the Awujale Palace in Ijebu-Ode, Ogun State.
Abdul-Bojela said the initiative formed part of efforts to improve access to personal and income-generating vehicles through responsible consumer credit, while complementing other interventions such as the recently launched 10,000 Women in Mobility Programme.
He stated that under the scheme, beneficiaries will acquire the three-wheelers through affordable repayment plans facilitated by one of its partners.
He noted that the programme aligns with CREDICORP’s commitment to finance 20,000 assembled-in-Nigeria vehicles while supporting local industries and creating jobs.
