Abuja, Nigeria – E be like say hope don show for all the young padi dem wey don dey hustle this economy as the Federal Government don launch ‘YouthCred’. This new credit initiative wey dey under the Nigerian Consumer Credit Corporation (CREDICORP) dey target employed youths between ages 18 and 39 to fit access credit up to N5 million. No be small matta!
Wale Edun, wey be the Minister of Finance and Coordinating Minister of the Economy, talk am for the launch wey happen for Ministry of Finance Auditorium for Abuja say this initiative na solid way to show wetin President Bola Tinubu want for him dream credit-enabled economy. E no just dey talk jargons—dem wan make sure say young Nigerians go feel the benefits of all the economic reforms wey dey happen.
Edun talk say YouthCred go help put financial pressure wey dey face youth for their daily lives under control. Na true! Na so dem dey align am with Tinubu’s bigger plans wey dey target to boost livelihoods, increase consumer spending, and support small businesses wey dey struggle. If dem fit give young people access to affordable credit, na so national productivity go increase, and we go fit grow economically long-term.
“YouthCred na about dignity, your financial independence, and your access to resources to live your dreams,” Edun added, make everybody — young and old — understand say access na for everybody. So, dem go no dey see government like say na only some elite fit chop this opportunity.
According to Uzoma Nwagba, wey be the Managing Director of CREDICORP, YouthCred don evolve well-well from pilot scheme to national pathway for youth empowerment. In past one year alone, dem don release over N30 billion to more than 200,000 Nigerians, and guess wetin? Zero non-performing loans! Omo, na serious business!
Nwagba also drop bombshell; him talk say their target na to reach one million youth by 2026. If you dey think say na joke, make e no be you wey go miss out! Dem go provide loans without collateral, with interest rate wey dey capped for two percent monthly. And dem even give six-month grace period before you go start to repay. This na very sweet deal for anybody wey dey find money to push di hustle.
And make we no forget, this initiative dey look out for people wey dey face loan sharks. If you dey think say dem go carry wahala chop your neck, YouthCred na your savior be dat! With all these arrangements, dem dey aim to give people wey sabi how to manage money the chance to grow without unnecessary stress.
So, my bros and sis, whether you dey do small business or just wan give yourself better life, no miss out on this opportunity. YouthCred fit just be the stepping stone wey you need to turn your dreams into reality. Let’s kon see as this matter go unfold, because this na just the beginning of a brighter future for our youth!
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