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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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Breaking :Gov. Yusuf Resigns NNPP Membership as Kano Political Realignment Deepens

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Kano State Governor, Alhaji Abba Kabir Yusuf, has formally resigned his membership of the New Nigeria People’s Party (NNPP), citing deepening internal crises and the need to safeguard the broader interest of the people of Kano State.

This was contained in a statement signed by the governor’s spokesperson, Sunusi Bature Dawakin Tofa on Friday.

The Governor, in a letter addressed to the Chairman of Diso-Chiranchi Ward, NNPP, Gwale Local Government Area, officially communicated his decision to withdraw from the party with effect from Friday 23rd January 2026.

“I write with a deep sense of gratitude to formally notify the leadership of the New Nigeria People’s Party (NNPP) of my decision to resign my membership of the party, with effect from Sunday, 25 January 2026.”

Governor Yusuf expressed appreciation to the party for the platform and support extended to him throughout his political engagement with the NNPP.

“I remain sincerely appreciative of the opportunity given to me by the party, its leadership, and members across Kano State to be part of its political journey since 2022, as well as the support, goodwill, and cooperation extended to me during my time in the party.”

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He pointed to persistent internal disputes and legal challenges that have continued to unsettle the party’s structure nationwide.

“In recent times, the party has been confronted with persistent internal challenges arising from leadership disagreements and ongoing legal processes, many of which are presently before the courts for judicial determination.”

According to the Governor, the internal disagreements have widened divisions and weakened cohesion within the party.

“The growing disenfranchisement among party members has created deep divisions within the party structure, resulting in cracks that appear increasingly irreconcilable and have generated uncertainty at both state and national levels.”

Governor Yusuf stated that his decision followed careful reflection and was guided strictly by public interest considerations.

“After careful reflection, and without prejudice to the party’s capacity to resolve its internal challenges, I have come to the conclusion that my resignation is in the best interest of the people of Kano State.”

He emphasized that the decision was taken in good faith and without bitterness.

“This decision is taken in good faith, without any ill will, and with a continued commitment to peace, unity, and the progress of Kano State.”

The Governor is resigning today along with 21 members of the State Assembly, 8 members of the House of Representatives and 44 Local Government Chairmen of Kano state.

The resignation letter was acknowledged by the party Secretary, Diso-Chiranchi Ward, Hon. Kabiru Zubairu who commended the Governor for his laudable projects on infrastructure, urban renewal, health, education and economic empowerment.

“I wish to concur with His Excellency on the lingering crisis in our party, though we are trying our best to contain it, but we have no option than to accept the resignation of a one and most performing Governor of the NNPP.”

 

Signed
Sunusi Bature Dawakin Tofa,
Director General,
Media and Publicity,
Government House, Kano

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Oluwafemi hails Tinubu’s ambassadorial postings, urges driven agenda for Nigeria’s key mission

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Sir Victor Oluwafemi, KJW, a leading international development expert, media mogul, and Isle of Man-based member of the Nigerian diaspora, has commended President Bola Ahmed Tinubu, GCFR, for approving the posting of ambassador designates to strategic foreign missions, describing the decision as a timely step towards repositioning Nigeria’s diplomacy for measurable national value.

Oluwafemi, the principal architect of Policy as a Platform (PaaP) and Results as a Service (RaaS), said Nigeria’s missions must now adopt a modern delivery discipline that converts goodwill into outcomes. He explained that *PaaP* is a structured approach for translating national priorities into clear mission workflows and service standards, while RaaS  is a quarterly scorecard system for tracking results, including partnerships secured, investment leads progressed, trade outcomes, and improvements in diaspora and consular service delivery.

“Diplomacy must be more than protocol. It must translate into investment pipelines, trade opportunities, diaspora confidence, and a reputation lift that is backed by delivery,” Oluwafemi said.

He urged the newly appointed envoys, particularly the ambassador-designate to the United States, to adopt a clear three-point agenda that can be applied across Washington, London, and Paris, while recognising that Washington remains Nigeria’s most strategic theatre for investment mobilisation and diaspora confidence building.

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Three priority actions for immediate activation

1. Establish an embassy-convened Diaspora and investment council.
Oluwafemi advised each mission to inaugurate a structured council bringing together diaspora leaders, business chambers, institutional partners, and credible investors, supported by a quarterly calendar and committee mandates. He said this will institutionalise engagement, reduce fragmentation, and create a permanent platform for mobilisation.

2. Launch an annual flagship investment and diaspora conference with a Deal Room.

He called for a signature annual conference hosted by each mission, anchored in a Deal Room that showcases vetted opportunities, matches partners, and tracks post-event progress. For the United States, he recommended a Nigeria–US Diaspora Prosperity Conference and Deal Room in Washington, DC, designed to convert goodwill into bankable pipelines and sustained investment momentum.

3. Publish a quarterly mission results scorecard under the RaaS discipline
Oluwafemi said every mission should publish a simple quarterly scorecard tracking measurable outputs, including partnerships secured, investment enquiries progressed, trade and export facilitation outcomes, diaspora engagement metrics, and service improvements. He noted that transparent reporting will strengthen credibility and distinguish Nigeria’s diplomacy as outcomes-led.

“Washington should become the benchmark mission by institutionalising PaaP-style delivery workflows and RaaS scorecard reporting, while London and Paris drive the same discipline through their own strategic corridors,” he added.

The Presidency announced that President Tinubu approved Ambassador Ayodele Oke as the ambassador designate to France, Retired Colonel Lateef Kayode Are as the ambassador designate to the United States of America, and Ambassador Amin Mohammed Dalhatu as the high commissioner designate to the United Kingdom.

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National Grid Collapses for First Time in 2026

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By Yusuf Danjuma Yunusa

Nigeria’s national power grid experienced a total collapse on Friday, January 23, 2026 the first such failure this year. Data from the Nigerian Independent System Operator (NISO) confirmed that power generation plunged to zero megawatts (MW) by 1:00 PM.

As a result, load allocation to all 11 electricity distribution companies (DisCos) dropped to zero MW. Affected DisCos include: Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano, Port Harcourt, and Yola.

This incident follows a pattern of recurring grid instability throughout 2025, during which multiple system collapses were recorded—the last occurring on December 29. These repeated failures persist despite ongoing upgrades intended to enhance national grid capacity and reliability.

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The collapse comes shortly after the Niger Delta Power Holding Company (NDPHC) announced the restoration of an additional 450 MW to the grid. This followed scheduled maintenance on the Geregu National Integration Power Project (NIPP) plant, which was expected to boost overall supply.

In related developments, NISO had partnered with the West African Power Pool Information and Coordination Centre (WAPP-ICC) in November 2025 to conduct synchronization tests between Nigeria’s grid and the wider West African power network a initiative aimed at improving regional energy security and resilience.

The latest collapse raises renewed concerns over the fragility of Nigeria’s electricity infrastructure and its impact on economic and daily activities.

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