BLORD IS OUT FROM KUJE PRISON AFTER PERFECTING ALL HIS BAIL CONDITIONS.(PHOTO).

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 So Linus Williams (Blord) has been released from Kuje prison after fulfilling his bail conditions, finally, freedom after a few weeks in custody. However, here’s the current position of his case:  He is still expected to show up and stand his trial.  If he fails to appear in court even for one day, his bail can be revoked and a bench warrant may be issued against him, meaning a return to Kuje. If the prosecution cannot prove the charges against him, he will be discharged and acquitted. If the prosecution proves the charges, he may be sentenced and sent back to Kuje. I think he should seek a peaceful resolution to the case. Congrats to him on his freedom for now.
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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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