News

Step-by-step Guide To Accessing FG Consumer Credit Scheme

Published

1 year ago

May 15, 2024

Following the approval for the takeoff of the first phase of the Consumer Credit Scheme as part of efforts to enhance social mobility among Nigerians, the Nigerian Consumer Credit Corporation (CREDICORP) opened a website to encourage Nigerians to register loans for important purchases.

The scheme aims to make consumer credit accessible and empower economically active citizens.

Here’s a step-by-step guide on how civil servants and other Nigerians who are economically active can apply to enjoy this opportunity:

Step 1: Understand the scheme

Before applying, understand what CREDICORP offers. The scheme is designed to:
– Improve Nigeria’s credit reporting systems, ensuring every economically active citizen has a reliable credit score.

– Provide credit guarantees and wholesale lending to financial institutions.

– Promote responsible consumer credit to improve quality of life and foster financial responsibility.

Step 2: Check eligibility

Initially, the scheme is open only to civil servants. Ensure you are employed in a civil service role to proceed with the application.

Step 3: Prepare the necessary documents

You will likely need the following documents to apply:

– Proof of employment in the civil service.

– Identification documents such as a national ID or passport.

– Proof of income or salary slips.

Step 4: Visit the official website

Access the CREDICORP application portal by visiting credicorp.ng (http://credicorp.ng).

This website will serve as your primary resource for application forms and additional information.

Step 5: Fill out the Application Form

Complete the application form available on the website. Ensure all information is accurate to avoid any delays in your application process. Double-check all entries before submission.

Step 6: Submit Your Application

After filling out the form, submit your application through the website. You might receive a confirmation email or a notification on the portal confirming your submission.

Step 7: Await Response

Once submitted, await feedback from CREDICORP. This could take a few days or weeks, depending on the volume of applications. Keep an eye on your email and the portal for any updates.

Step 8: Follow Up

If you haven’t heard back within the expected timeframe, it’s advisable to follow up through the contact details provided on the CREDICORP website.

The PUNCH had earlier reported that President Bola Tinubu had approved the takeoff of the first phase of the Consumer Credit Scheme.

This was contained in a statement signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale.

“The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision,” the statement said.

News

DSS Issues Warning, Arrests Man For Circulating Fake Recruitment Materials

Published

2 hours ago

August 24, 2025

Editor

The Department of State Services (DSS) has disclosed the arrest of one Mr. Eze Ezenwa Benard, who was recently apprehended for circulating fake DSS recruitment past questions and answers on Facebook.

The agency, while warning the public in a statement on Saturday, said the suspect operated through a page known as “Jobs and Education”, where he advertised the fraudulent materials and charged unsuspecting members of the public one thousand naira (N1,000) for access.

“The public is hereby cautioned to disregard any materials, as the DSS does not sell or distribute recruitment questions, answers, or examination guides through private individuals or social media pages. Recruitment into the Service, when necessary, follows specialised procedure in accordance with extant laws and due process,” the statement reads.

News

‘Na Only People You Gave Work Love You,’ Singer Speed Darlington Tells Tinubu

Published

2 hours ago

August 24, 2025

Editor

Singer Speed Darlington has told President Bola Tinubu that public admiration cannot be bought, warning that only those who received appointments or jobs from the government truly support him.

In a video posted on Saturday, August 23, the singer said, “Everything isn’t about the economy! There is more to leadership than the economy. See as everybody dey call your name, dey complain. Nobody loves you. Na only the ones you gave work, na them love you. Even your own tribe dey complain about you.”

Darlington, an Igbo man, urged Tinubu to focus on police reform and respect for human rights. “The Nigerian police is an oppressive agency rooted in human rights violation. As a matter of fact, if they do not violate you, it’s as if they are not even doing their job.

“The idea of arrest before investigation is a pure human rights violation. You arrest and hold a person before you dey investigate. Please, before you leave office, please speak to your Yoruba brother IGP man,” he added.

News

Before You Leave Office, Reform The Police — Speed Darlington Urges Tinubu

Published

2 hours ago

August 24, 2025

Editor

Popular controversial singer Speed Darlington has called on President Bola Tinubu to reform the Nigerian Police Force, urging the government to prioritise citizens’ rights alongside economic growth.

In a video posted on Saturday, the entertainer criticised what he described as the police’s systemic human rights violations and oppressive practices.

“Mr President, before you leave office, whether you secure a second term or not, try your best to improve Nigeria. Everything isn’t about the economy!

“There is more to leadership than the economy. See as everybody dey call your name, dey complain. Nobody loves you. Na only the ones you gave work, na them love you. Even your own tribe dey complain about you,” he said.

The singer, who identifies as Igbo, urged Tinubu to engage with the Inspector-General of Police and implement reforms.

“As an Igbo man, the advice I can give you so people will know your name and remember you for something good is to reform the police. Reform the police.

“The Nigerian police is an oppressive agency rooted in human rights violation. As a matter of fact, if they do not violate you, it’s as if they are not even doing their job.

“The idea of arrest before investigation is a pure human rights violation. You arrest and hold a person before you dey investigate,” he added.

Darlington also recounted his personal ordeal with law enforcement, highlighting the system’s abuse of power.

“I was held for two months after the judge had ordered my release. FID held me for two months. According to my lawyer, the Nigerian law gives only 28 days for investigation.

“They held me for two months. What is the extra month for? Because they can. If you give them money, they oppress your enemy. I have experienced it,” he said.