No fewer than 25,000 civil servants have accessed the recently established Consumer Credit Scheme.

The Managing Director/Chief Executive Officer (CEO) of CREDICORP, Uzoma Nwagba, re-assured Nigerians of President Bola Tinubu’s commitment to providing access to life-enhancing goods and services for the citizenry.

Nwagba gave the assurance during a working visit by the Head of Civil Service of the Federation, Didi Esther Walson-Jack, recognising the impact of CREDICORP in providing credit for life-enhancing goods and services to civil servants.

During the visit, Nwagba briefed the host about the activities of CREDICORP and also introduced the Corporation’s CALM Fund specifically targeting access to Compressed Natural Gas (CNG) conversions and solar panels. He emphasised that civil servants are beneficiaries.

The CREDICORP chieftain expressed hope for his organisation’s continued and deeper engagements with the civil service in its effort to ensure that no fewer than 400,000 civil servants have access to credit by the second quarter of 2025, even as the access has also commenced to the general public.

The loan was designed to work through financial institutions to provide accessible and affordable credit to economically active citizens, helping households meet urgent needs with ease.