FG Launches ‘YouthCred’ to Boost Financial Inclusion, Productivity for Young Workers

The federal government has unveiled ‘YouthCred’, a new credit initiative under the Nigerian Consumer Credit Corporation (CREDICORP), targeting employed youths.

Under the scheme, gainfully employed Nigerian youths aged of 18 to 39 can access up to N5 million in credit.

Speaking at the launch in Abuja on Thursday, Wale Edun, minister of finance and coordinating minister of the economy, said the initiative is a practical expression of President Bola Tinubu’s vision for a modern and credit-enabled economy.