FRSC IMPOUNDS 1,000 FAKE DIPLOMATIC PLATE NUMBERS NATIONWIDE; FG, FRSC TO CHECK ON ABUSE. (PHOTO).

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 FRSC IMPOUNDS 1,000 FAKE DIPLOMATIC PLATE NUMBERS NATIONWIDE; FG, FRSC TO CHECK ON ABUSE Ministry of Foreign Affairs and the Federal Road Safety Corps, FRSC, have agreed to strengthen collaboration to curb the abuse of diplomatic and official number plates across Nigeria. Over 1,000 vehicles using fake plates were recently impounded nationwide. In a joint statement, Foreign Affairs Spokesperson Kimiebi Ebienfa and FRSC Corps Public Education Officer Osondu Ohaeri agreed to deepen information sharing and link diplomatic accreditation records with vehicle registration databases for real-time verification.  It added that some individuals are also illegally using ambassadorial titles and fake diplomatic passports. FRSC’s Assistant Corps Marshal Olusegun Ogungbemide said nationwide operations intercepted 1,000 vehicles using fake diplomatic plates, cloned documents, and unauthorized government plates.  Both agencies warned that misuse of diplomatic plates undermines Nigeria’s...
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PRES. TINUBU APPROVES TAKEOFF OF CONSUMER CREDIT SCHEME. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU APPROVES TAKEOFF OF CONSUMER CREDIT SCHEME



President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme.


Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations. 


Through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Additionally, the increased demand for goods and services stimulates local industry and job creation. 


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


The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following:


(1) Strengthening Nigeria's credit reporting systems, ensuring every economically active citizen has a dependable credit score. This score becomes personal equity they build, facilitating access to consumer credit.


(2) Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.


(3) Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.


In line with the President's directive to expand consumer credit access to Nigerians, the Nigerian Consumer Credit Corporation (CREDICORP) has launched a portal for Nigerians to express interest in receiving consumer credit. 


This initiative, in collaboration with financial institutions and cooperatives nationwide, aims to broaden consumer credit availability.


Working Nigerians interested in receiving consumer credit can visit www.credicorp.ng to express interest. The deadline is May 15, 2024.


The scheme will be rolled out in phases, starting with members of the civil service and cascading to members of the public.


Chief Ajuri Ngelale 


Special Adviser to the President 


(Media & Publicity)


April 24, 2024

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