Tinubu Media Volunteers (TMV - NEWS AGENCY OF NIGERIA

Muhyideen Jimoh
Jun, Tue, 2025

Group applauds FG on consumer credit access

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By Muhyideen Jimoh

The Tinubu Media Volunteers (TMV), have applauded the Federal Government for easing access to consumer credit through the Nigerian Consumer Credit Corporation (CREDICORP).

In a statement signed by its Chairman, Chukwudi Enekwechi, the group noted that more than 100,000 Nigerians had already benefited from the initiative within just one year.

Enekwechi commended the Tinubu-led administration for the programme, which he said would significantly improve Nigerians’ living standards.

“It is remarkable that CREDICORP, as an initiative of the Tinubu administration, aims to raise the social status of many Nigerians by granting access to credit, something that was previously unthinkable.

“Out of the 100,201 beneficiaries, 35,000 are civil servants.

“Items accessed through the scheme include vehicles, solar home systems, digital devices, home improvement products, equipment and machinery, and other essential consumer goods.

“This is a major breakthrough in a country where access to formal credit facilities has long been a challenge,” he said.

The chairman, however, emphasised that for consumer credit to make a significant economic impact, it must grow to 50 per cent of the country’s Gross Domestic Product.

He expressed satisfaction that the administration had taken the first step toward institutionalising the scheme, which he believed would also promote local production.

“We acknowledge that the initiative aligns with the administration’s vision to support local production of goods and vehicles.

“It will also help curb corruption by reducing desperation caused by financial hardship, and represents a deliberate policy to empower Nigerians with tools for an improved quality of life.

“To us, this is a life-changing programme that can greatly uplift the livelihoods of millions, and we commend the President for setting the ball rolling,” he added.

The group urged the managers of the scheme to scale up efforts to ensure broader participation, both by consumers and service providers.

The News Agency of Nigeria (NAN) reports that CREDICORP’s Managing Director, Uzoma Nwagba, recently announced plans to link Nigerians’ credit scores to their National Identification Numbers (NIN), aiming to create a unified and transparent credit system nationwide.(NAN)(www.nannews.ng)

Edited by Abiemwense Moru

Sacking civil servants with fake Togo, Benin degrees in order – TMV

Folashade Adeniran
Dec, Sun, 2024

General News

Sacking civil servants with fake Togo, Benin degrees in order – TMV

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By Salif Atojoko

The Tinubu Media Volunteers (TMV) has backed the decision of the Federal Government to sack civil servants in ministries, departments, and agencies who obtained fake degrees from some private universities in Benin Republic and Togo.

The group, in a statement signed by Mr Chukwudi Enekwechi, its Chairman and Mr Shedrach Sunday, Secretary, said the move was in line with the anti-corruption posture of the President Bola Tinubu administration.

“We note with sadness that most of the universities in question do not have even the licence or accreditation from their host or originating countries.

“It is also reprehensible that some Nigerians will claim to have obtained academic degrees knowing the same to be false and manoeuvre their ways into the Nigerian civil service.

“For us, the question is what quality of service will they offer in their places of work? We want to state without equivocation that acquiring Golden Fleece should follow a rigorous process for which the academic environment is well-known,” said TMV.

It stated that unscrupulous Nigerians, in a bid to gain undue advantage in the public service, rushed to Benin Republic and Togo to acquire all kinds of fake degrees, sometimes within a space of six months or one year.

“We, therefore, applaud the decision to fire such degree holders by the federal government, as it falls within the purview of President Tinubu administration’s policy to fight corruption in all its ramifications.

“This is a clear indication that it is only a government that is concerned with the country’s quality of education and the future of our children that will address the problems of fake university degrees frontally.

“In our view, what the Tinubu administration has done is to sanitise our educational system and subject academic credentials to rigorous scrutiny and credibility,” continued the statement.

According to the group, unless the menace is tackled, the country will be inundated with tainted academic credentials that will undermine the plan of the Tinubu administration to grow Nigeria to a one trillion dollar economy.

“The vision of Mr President for Nigeria to attain a one trillion dollar economy can not be achieved without a knowledge-based civil service,” said TMV

It also urged the authorities to put the necessary machinery in motion to ensure that individuals found to have engaged in such nefarious activities were penalised to avoid future recurrence. (NAN) (www.nannews.ng)

Edited by Muhammad Lawal