More than one million applicants have made a cumulative N1.3 trillion loan request from Nigerian Consumer Credit Corporation (CreditCorp).
They are among those eyeing participation in the consumer credit scheme of the Federal Government due to go into operation very soon.
No fewer than two million people are expected to benefit from the scheme by the end of next year.
A survey by the agency has identified 80 million Nigerians as qualified to participate in the programme.
The scheme, a key campaign promise of President Bola Ahmed Tinubu, is programmed to enable Nigerians to have access to soft loans to acquire properties that will make life easy for them without paying a lump sum.
A report by CreditCorp survey said: “In one week, over 1 million Nigerians submitted Expressions of Interest (EOI) to CREDICORP for consumer credit.’’
The report added that the ‘’EOI process also served as an organic nationwide survey to understand Nigerians’ personal economics and credit needs.”
