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Credicorp Kicks Off Nationwide Cultural Reorientation Campaign In Kano With First Market Activation

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The Nigerian Consumer Credit Corporation (CREDICORP) has commenced its nationwide Cultural Reorientation Programme, beginning with a landmark market activation event held on Wednesday 21st May 2025 at the Sani Abacha Stadium in Kano.

CREDICORP, established under the Renewed Hope Agenda of President Bola Ahmed Tinubu, GCFR, is a national institution working to democratize access to consumer credit for all hardworking Nigerians. Through its mandate, the Corporation enables Nigerians to acquire essential goods and services—such as locally assembled vehicles, solar solutions, and home improvement products—on credit, rather than relying on limited cash-based transactions.
This campaign represents the third pillar of CREDICORP’s national strategy Cultural Reorientation which complements the Corporation’s other pillars, Infrastructure and Capital. In the last year this has already been demonstrated through the rollout of impactful initiatives such as Project S.C.A.L.E (Securing Consumer Access for Local Enterprises), which channels consumer credit toward the purchase of goods and services from local vendors and manufacturers to strengthen Nigeria’s domestic industries; the C.A.L.M. Fund (Credit Access for Light and Mobility), which provides credit for CNG vehicle conversions and solar home systems; and YouthCred, a national programme offering responsible, affordable credit to young Nigerians at the very start of their economic lives beginning with 100,000 NYSC members.
Cultural Reorientation is CREDICORP’s effort to shift long-standing perceptions around credit—helping Nigerians see it not as a trap, but as a tool for growth. The programme reorients the public through a mix of community training sessions, digital sensitization campaigns, and on-ground activation events designed to promote responsible borrowing and financial literacy. It also engages financial institutions, encouraging a transition from traditional collateral-heavy models to more inclusive credit assessment methods that better reflect the realities of everyday Nigerians.

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Participants at the activation were sensitized on:
What consumer credit is and how it works, including both interest-based and non-interest financing options.
The difference between responsible credit use and harmful debt.
The long-term value of building and maintaining a verifiable credit history.
How CREDICORP partners with financial institutions both traditional and non-interest providers to expand access to affordable and culturally appropriate credit solutions.
The event featured live testimonials from beneficiaries, as well as pre- and post-event questionnaires designed to measure shifts in public sentiment and understanding. Leading the event was His Excellency, Governor Abba Kabir Yusuf of Kano State, who was joined by representatives from the Kano State Government, alongside leaders of market associations, trade cooperatives, and Participating Financial Institutions.

This first activation marks the beginning of a national conversation one that positions consumer credit not as a burden, but as a tool for economic mobility, and improved quality of life.

Further activations are scheduled to take place across the nation in the coming months.

For more information, visit www.credicorp.ng.

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NASWDEN backs FG’s move to license, regulate scrap business, raises alarm over attack on members

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The National President, National Association of Scrap and Waste Dealers Employers of Nigeria (NASWDEN), Alhaji Fatai Ogunwale, has expressed the support of the association for the Federal Government’s Proposed licencing and regulations of Scrap business.

A statement made available to the News Agency of Nigeria (NAN) by its National President, Alhaji Fatai Ogunwale, on Tuesday, stated that the move was also to curb theft and vandalism in the country.Read Daily News

In a Two-Day stakeholders meeting in Lagos, the Federal Government under the supervision of the Federal Ministry of Steel Development, had moved to regulate Scrap industry business and operation in Nigeria.

The theme of the event is “Validation of the proposed Scrap metal Collection, Trading, Recycling and Regulations 2026”.

According to the President of the association, the move was targeted at those who engaged themselves in illegally stealing of metals and vandalism of critical infrastructure including electricity cables, railways components and manhole covers amongst others.

He expressed gratitude to the Federal Government for the initiative and warned against double taxation scrap metal dealers carrying scraps to end users or rolling mills across the country.

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Ogunwale also called on the Federal Government to eradicate touts on our expressways who harrass NASWDEN members ,extort them while going about thier legitimate scrap business.

The President also informed stakeholders that NASWDEN had earlier launched anti Vandalism and currently working with security agencies to protect critical national infrastructure and the nation’s assets.

According to him, the move also involved the issuing of loading inspection confirmation clearance papers to members to check theft and vandalism by criminals parading themselves as scrap dealers.

In his remarks, the Minister of Steel Development, Shuiabu Audu, stated that the framework would establish an organised transparent scrap metal value chain in the country.

The Minister was represented by the Director of Metallurgical Raw Metal Development and Investment Promotion in the ministry, Mr Ime Eprikpo.

“The proposed Scrap metal collection, trading, recycling and regulations 2026, are also expected to improve the supply of the locally sourced raw materials to steal manufacturing companies.

As well as to formalise the activities of scrap dealers and strengthen environment and occupational safety standards, ”he added

I’m his remarks, the Deputy National President of NASWDEN, Comrade Aminu Hassan Soja called on the Federal Government to as a matter of urgency, tackle the issue of alleged attacks on its members by one Uche Ogbu Luke.

According to Soja, Luke is an impostor who allegedly uses armed thugs to intimidate and extort scrap dealers along highways across the South-East and South-South regions of the country.

” We call on the federal government tomurgently intervene and put an end to the activities of one Uche Ogbu Luke, whom he describes as an impostor allegedly using armed thugs to intimidate and extort scrap dealers along highways across the South-East and South-South regions of the country,” he alleged.

He urged the relevant security agencies to “investigate the allegations, apprehend those involved and protect innocent scrap dealers from harassment, intimidation and unlawful extortion”.

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ASUU Declares Strike at Zamfara State University

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The Academic Staff Union of Universities (ASUU), Zamfara State University branch, has declared an indefinite strike over what it described as the failure of the university management and relevant authorities to address its longstanding demands concerning staff welfare, salaries, promotions and working conditions.

The branch chairman, Comrade Anas Abubakar Dogo, announced the decision in a statement, explaining that the industrial action would commence at midnight on November 11, 2026.

Dogo said the decision followed the expiration of an initial two-week ultimatum issued to the university management, which was subsequently extended by another three weeks, bringing the total period of the ultimatum to five weeks.

According to him, the union had also embarked on a one-week warning strike in an effort to compel the authorities to address its grievances, but the failure to resolve the outstanding issues had left the branch with no option but to proceed with an indefinite strike.

The ASUU chairman listed several challenges confronting the university, including the absence of official student accommodation, inadequate staff housing, poor remuneration and the non-implementation of the Federal Government-ASUU agreement.

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He lamented that students of the institution had no official university hostel, while members of staff were also without adequate accommodation, describing the situation as a major challenge to the effective administration and development of the university.

Dogo further accused the university authorities of failing to implement the Federal Government-ASUU agreement in its entirety, including the payment of outstanding arrears owed to academic staff.

The union also expressed dissatisfaction over the non-payment of promotion arrears, noting that the failure to implement staff promotions and their accompanying financial benefits had continued to undermine the morale of lecturers.

On staffing, the ASUU chairman raised concerns over the shortage of academic personnel, disclosing that some departments had only one tenured academic staff member, while others had none.

He warned that the situation was affecting the university’s academic capacity and could undermine the quality of teaching, research and other academic activities.

The union also described Zamfara State University as a training ground for academic staff, alleging that many lecturers were leaving the institution for other universities where better remuneration and improved working conditions were available.

Dogo disclosed that many academic staff members earned monthly salaries ranging from N96,000 to N120,000, a situation he said was inadequate and had contributed to the institution’s difficulty in retaining qualified lecturers.

He consequently demanded the full implementation of the Federal Government-ASUU agreement in all its provisions, including the settlement of all outstanding arrears.

The union also demanded the implementation of staff promotions and the payment of all accumulated promotion arrears.

The ASUU chairman stated that all academic activities on the university campus would remain suspended throughout the period of the industrial action.

He urged the relevant authorities to address the union’s demands to facilitate a resolution of the dispute and ensure the resumption of academic activities.

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Tinubu’s Jigawa Rally Signals Growing Northern Support, TMS Says as President Defends Economic Reforms

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The Tinubu Movement for Sustainable Governance Foundation (TMS), popularly known as Tinubu Must Stay, has described the large turnout that greeted President Bola Ahmed Tinubu’s campaign visit to Jigawa State as an indication of growing grassroots support for his administration and re-election bid ahead of the 2027 general elections.

Speaking at the rally in Dutse, TMS Director of Special Duties, Dr. Usman Baita Elleman, said the enthusiasm displayed by residents demonstrated what the movement considers increasing acceptance of the President’s economic policies despite the hardship and criticism that accompanied their introduction.

“The rally was very beautiful. People came out in their numbers to show solidarity with the President and the governor. From what we saw today, there is no doubt that President Tinubu enjoys enormous support in Jigawa State and across Northern Nigeria,” Elleman said.

He said members of TMS, led nationally by Kashifu Inuwa Abdullahi, who hails from Jigawa State, participated prominently in the mobilisation, with the movement displaying banners, billboards and other campaign materials across the state.

Elleman said TMS would intensify its campaign to explain the rationale behind some of the administration’s most consequential policies, particularly the removal of petrol subsidy.

According to him, although the reforms have imposed short-term hardship, they were introduced to address structural economic problems and place public finances on a more sustainable footing.

“We are telling Nigerians the facts about these policies. Some of the decisions may be painful, but they are aimed at putting the country on a sustainable path,” he said.

He also cited the student loan programme and other interventions targeted at young Nigerians as initiatives the movement would highlight during its grassroots engagements.

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Beyond conventional political mobilisation, Elleman said TMS had been organising sensitisation and empowerment programmes for small-scale entrepreneurs, combining political advocacy with community-level interventions.

He said the movement would sustain its public enlightenment and grassroots mobilisation as political activities intensify ahead of the 2027 elections.

Tinubu Says Reforms Beginning to Gain Acceptance

Addressing supporters at the Dutse Township Stadium, President Tinubu defended his administration’s economic reforms, arguing that the policies were beginning to produce results and gain wider public acceptance.

The President maintained that petrol subsidy removal was irreversible and rejected suggestions by political opponents that the subsidy regime could be restored sustainably.

“To those who say subsidy is coming back, it’s a lie. Don’t let them lie to you again. It is not going to come back,” Tinubu told supporters.

He argued that the subsidy had consumed substantial public resources that could instead be directed towards infrastructure, agriculture, education and social development.

“We have to think about the future of our children. The money must be invested in areas that will create prosperity and opportunities for all Nigerians,” he said.

President Promises Mechanised Farming Centres, Interest-Free Loans

Turning to agriculture, Tinubu announced plans to expand government support for farmers through interest-free financing and mechanised farming service centres across the country’s six geopolitical zones.

“We have to invest in agriculture. There will be interest-free loans for farmers. Prosperity is coming. Food security will happen,” he said.

The President also pledged further investments in electricity, skills acquisition, youth empowerment, job creation and support for small and medium-sized enterprises.

On security, he said the Federal Government was strengthening the operational capacity and welfare of security agencies to improve their ability to tackle criminality.

Tinubu also described the Nigerian Education Loan Fund (NELFUND) as an important instrument for expanding access to higher education and tackling poverty, pledging to broaden opportunities for young Nigerians.

Shettima Highlights Northern Infrastructure

Vice-President Kashim Shettima, who also addressed the rally, said ongoing investments in infrastructure and agriculture demonstrated the administration’s commitment to Northern Nigeria.

He cited projects including the Kano-Maiduguri Road, Kano-Maradi railway and Kwanar Danja-Hadejia Road, urging residents to assess the administration on its development record.

APC campaign officials similarly described the turnout as evidence of the party’s continued political strength in the North.

TMS members were visibly involved in mobilisation at the rally, which attracted supporters from Jigawa and beyond.

For the movement, the Dutse gathering forms part of a wider strategy combining support for Tinubu’s re-election with policy sensitisation, community engagement and economic empowerment as Nigeria moves closer to the 2027 general elections.

 

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