The Managing Director and Chief Executive Officer, Nigerian Consumer Credit Corporation, Uzoma Nwagba, has disclosed that over 1.6 million people have so far applied for the consumer credit scheme.
The scheme, aimed at aiding working citizens to access loans for important purchases, took off three weeks ago.
In an interview on Channels Television’s Politics Today, Nwagba said since the unveiling of the first phase in April by President Bola Tinubu, the volume of applications received so far has been overwhelming.
“As of today, we have about 1.6 million Nigerians who indicated interest, told us what they do, submitted their income information, and what they need credit for. We didn’t even expect that volume,” Nwagba stated.
The managing director said he was prepared to spearhead the current administration’s drive to broaden consumer credit availability for interested working Nigerians.
