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The Federal Government set a target to grow CREDICORP beneficiaries to 500,000 Nigerians before the end of 2026CREDICORP already reached over 300,000 beneficiaries and disbursed more than N45.2bn in consumer credit in H1 2026Priority sectors include mobility, digital devices, energy, home improvement and life essentials for productive asset acquisition
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Federal Government has announced plans to expand the reach of its consumer credit programme to 500,000 Nigerians by December 2026, as the Nigerian Consumer Credit Corporation (CREDICORP) shifts focus from building its framework to scaling its impact across the country.
The target was outlined in CREDICORP’s H2 2026 Outlook, published as part of its 2026 Impact Report.
President Bola Tinubu-led government to give Nigerians a N45.2bn credit facility. Credit: State HouseSource: Getty Images
According to a report by The Nation, the document showed that the
