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FG Targets .5m Civil Servants under Consumer Credit Scheme

By Tony Obiechina, Abuja
Nigerian Consumer Credit Corporation (CREDICORP) has kicked off disbursement of consumer credit to economically active Nigerians nationwide through its growing list of Participating Financial Institutions (PFIs).
In this first wave of institutions is Credit Direct, Nigeria’s largest lender to civil servants nationwide, and a subsidiary of the FCMB Group.
At a signing event yesterday, CREDICORP announced the partnership with Credit Direct to accelerate mass access to consumer credit starting with civil servants across the country.
Beginning this Sept., the kickoff offers discounted direct consumer credit to over 15,000 civil servants per round.
Civil servants on IPPIS now benefit from exclusive offers with reduced interest rates and flexible repayment plans for purchase of domestic goods, mobility, medical care, electronics and other household needs.The initiative is part of a much broader effort to support the well-being of Nigerians, which aligns with CREDICORP’s mission to accelerate consumer credit access to 50% of economically active Nigerians by 2030.
“We are excited to partner with Credit Direct to kick off President Tinubu’s consumer credit scheme with civil servants as Mr. President had promised,” said Uzoma Nwagba, CEO of CREDICORP.
“By going through Credit Direct today, and subsequently our other financial institutions coming on stream in the next days and weeks as we target 500,000 civil servants, they can access instant and affordable credit to cushion economic shocks or afford consumer goods to improve the quality of their lives.
“This is just the start of a long and exciting journey with many parts, and linkages that ultimately catalyse local industries as we expand consumption,” he stated.
Chukwuma Nwanze, CEO of Credit Direct, emphasized the importance of the partnership in fostering financial inclusion. “Our civil servants are vital to the nation’s growth and stability, and we are committed to supporting them with accessible credit facilities.
“This partnership with CREDICORP allows us to extend our services to more individuals, ensuring that all civil servants can access the funds they need quickly and easily, up to N3.5 million depending on their income and need. Over the past 17 years, Credit Direct has positively impacted the lives of millions of customers across Nigeria. With a presence in all 36 states, including the Federal Capital Territory, through branches and digital channels, we continue to serve working-class Nigerians nationwide,” he added.
Key Features of the Credit Offer:
-Lowest Interest Rates: Starting from Sept. 3, 2024, civil servants will access loans at lowest interest rates on the market. Applicants can access a wide range, and up to N3.5 million, depending on their income and need.
– Flexible Repayment Plans: Customized repayment schedules designed to meet the unique needs of each borrower.
– Quick and Easy Application Process: Streamlined procedures ensure fast access to funds, making it easier for civil servants to manage their financial needs.The Nigeria Consumer Credit Corporation (CREDICORP) is a government-owned development finance institution committed to enhancing consumer credit access for Nigerians. By addressing structural barriers and providing capital, guarantees, policy support and cultural reorientation, CREDICORP works towards an economically inclusive Nigeria where every working citizen can build personal equity and access essential consumer credit to improve the quality of their lives.
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Dangote Beats MTN, DSTV, AZAM to Emerge as Most Admired African Brand

By David Torough, Abuja
It was another historic milestone for pan-African investor Aliko Dangote and the Dangote Industries Limited over the weekend, as they garnered three prestigious accolades at the 15th annual Brand Africa 100 awards, held at the iconic Africa Hall in Addis Ababa, Ethiopia—the birthplace of the Organisation of African Unity (OAU), now the African Union (AU).
Dangote Industries Limited was named Most Admired African Brand, following an independent, consumer-led survey conducted across more than 30 African countries. The company was also inducted into the Brand Africa Hall of Fame, becoming the first African firm to receive this distinction. The induction recognises Dangote’s transformative impact on African consumers and its influential role in shaping a positive narrative for the continent.President/Chief Executive, Dangote Industries Limited, Aliko Dangote was honoured with a Lifetime Achievement Award in recognition of his leadership in driving impactful industrialisation, establishing a world-class African brand and reshaping the continent’s economic future through a benchmark, homegrown enterprise.Joining Dangote Industries in the inaugural Hall of Fame were MTN, M-Pesa, Ethiopian Airlines, and South Africa, for consistently ranking among Africa’s most admired brands over the past 5 to 15 years and for building sustainable, globally respected brands.Reacting to the awards, Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina, said the honours reflect the unwavering commitment, excellence, and innovation that define the group’s journey. He added that they are a testament to the dedication of the company’s outstanding team, partners, and stakeholders, who continue to believe in the mission to drive sustainable development and economic growth across the continent.”We also extend our heartfelt appreciation for the Lifetime Achievement Award presented to our Founder and President, Aliko Dangote for building a purposeful world-class industrial brand that has exceptionally transformed African lives and the African narrative. This accolade celebrates not only his visionary leadership but also his tireless efforts in transforming industries, creating opportunities, and championing African enterprise on the global stage. His legacy is an inspiration to generations of entrepreneurs and leaders across Africa,” he said.Noting that the recognition would further inspire the company to push boundaries, empower communities, and deliver meaningful value across Africa and beyond, Chiejina reaffirmed Dangote Industries’ commitment to excellence, integrity, and transformative growth.In his keynote address, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa, Mr Claver Gatete, praised Aliko Dangote, the Hall of Fame inductees, and the Brand Africa laureates for advancing the African agenda.He highlighted the alignment between Brand Africa and the ECA’s mission to promote inclusive industrialisation, regional integration, and private sector-led growth. He also called for increased investment in youth-led innovation, regional value chains and the establishment of a Pan-African Creative Innovation Fund to identify, finance and globalise Africa’s most promising brands.”I wish to particularly acknowledge MTN, Dangote Group, mPesa and Ethiopian Airlines for consistently maintaining their distinguished positions among the “Most Admired African Brands” category and continuing to set benchmarks in brand leadership, innovation and continental impact,” he said.COVER
Land Revocation: FCTA Seals PDP Secretariat, FIRS, Access Bank, Others

By Johnson Eyiangho and Laide Akinboade Anima, Abuja
A team from the Federal Capital Territory Administration (FCTA) on Monday sealed the Peoples Democratic Party (PDP) national secretariat, Wuse Zone 5, Abuja.The sealing of the PDP secretariat came barely 24 hours to the much anticipated meeting of the party’s National Executive Committee (NEC) scheduled for Tuesday.
The national secretariat also serves as the venue to the PDP NEC meeting. A joint taskforce comprising officials from the FCTA, Police, DSS, Army, NDLEA and NSCDC stormed the Secretariat at about 2.04pm and sealed the office shortly after a crucial meeting of the PDP National Working Committee (NWC).However, after a briefing meeting between the FCTA and PDP officials, all cars parked in the premises of the Secretariat were allowed to move out, while the PDP’s officials rushed to Bauchi State Governor’s Lodge for the Caucus meeting of the party.The sealing of the Secretariat is widely perceived as a strategic escalation in Wike’s ongoing feud with leadership of the party, particularly those pushing for the removal of his lackey, Senator Samuel Nnaemeka Anyanwu, as National Secretary of the party.Meanwhile, the National Working Committee (NWC) of the PDP has vowed that the National Executive Committee (NEC) meeting slated for Tuesday May 27, 2025 will be held as scheduled.A party official who did not want to be named described the sealing of the Secretariat as a temporary setback, vowing that all party activities leading to NEC and beyond will continue.The National Caucus Meeting, Board of Trustees and Governors meetings are part of activities ahead of the NEC meeting.The FCT Minister had revoked over 4,700 properties due to long-standing non-payment of ground rent to the Federal Capital Territory Administration (FCTA).Also affected by the Monday exercise are Access Bank, the Federal Inland Revenue Service (FIRS), Ibro Hotel and Total Energy in Abuja.The enforcement, which began in the Wuse District, was led by FCT Minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, Director of Land Administration, Chijioke Nwankwoeze and Director Department of Development Control, Mukhtar Galadima.Speaking during the sealing of Plot 534, Cadastral Zone A02, Wuse Zone 1, belonging to Total PLC, Galadima said, “Today is about walking the talk. We announced this earlier, and we are here to implement what we said to take possession of all revoked properties, starting with this plot.”He noted that the Total PLC property had accumulated over 10 years of unpaid ground rent, leading to its revocation in March 2025.Also sealed was the Access Bank branch located on Plot 2456, Wuse 1, Cadastral Zone A02. The property, however, belongs to Rana Taher Furniture Nigeria Limited and was revoked due to 34 years of unpaid ground rent.Galadima said the enforcement would proceed to other parts of the city, including the Central Area, after the Wuse district.Tinubu Intervenes, Gives 14-days GracePresident Bola Tinubu has intervened on the ongoing enforcement of possession of 4,794 properties revoked for non-payment of ground rent from 10 to 43 years and has given them 14 days ultimatum to pay up.This was revealed at a briefing by the Director of Land Administration, Chijioke Nwankwoeze, in Abuja.He said the defaulters have been given 14 days to pay up all outstanding and the penalty fees.The Director of Land noted that even though properties owned by government institutions, corporate organisations and individuals were affected, the Administration is committed to carrying out its functions without fear or favour.He said, “However, the President, His Excellency Bola Ahmed Tinubu, GCFR, has intervened. Therefore, by Mr. President’s intervention, holders of the affected properties now have 14 days (TWO WEEKS) to settle the outstanding Ground Rents, with associated penalties.”For properties in the Central Area, the sum of N5 million will be paid by the defaulters as penalty, in addition to the Ground Rent owed.”Those in Maitama, Asokoro, Wuse II, and Guzape Districts will pay the sum of N3 million as penalty, in addition to the Ground Rent owed.”Defaulters in Wuse I, Garki I and Garki II will pay N2 million as penalty in addition to the Ground Rent owed”.He added, “Also, all those who purchased properties from other people, but are yet to register their interests by obtaining the mandatory Minister’s Consent and registering their Deeds of Assignment now have 14 days (TWO WEEKS) to do so at the FCT Department of Land Administration.”Furthermore, the Minister of the Federal Capital Territory (FCT), Barrister Nyesom Ezenwo Wike, CON, has granted a 14 days (TWO WEEKS) grace period to all property holders in the FCT to pay up their Right of Occupancy (R-of-O)/Certificate of Occupancy (C-of-O) bills, or risk revocation of those titles”.The FCT Minister therefore urged property owners in the FCT to ensure that they pay all necessary bills and charges on their properties as at and when due, so as to enable the government to continue to carry out necessary developmental projects for the benefit of the people.COVER
Herdsmen Attack again, Kill 42, Sack Benue Four Communities

From Attah Ede, Makurdi, Joseph Amedu, Lokoja
Over 42 persons have been reportedly killed, with seven others badly injured and two persons kidnapped in the latest attacks on four communities in Gwer west Local Government Area (LGA) of Benue State.It was gathered that most residents have fled their communities as the attacks have become a daily occurrence.
According to a local source, while over 20 persons were killed in Aondona community, seven others were killed in Ahume, five in Tyolaha along with six persons killed in Orbiam community and two others kidnapped near a military base in the local government area respectively. The source further said that the armed Fulani herders first attacked Aondona town on Sunday at about 4pm and continued yesterday at Ahume and a Military Base at Orbiam and Tyolaha.”I can categorically confirm to you that 20 persons were killed in Aondona, five in Tyolaha, seven killed in Ahume and 6 others were killed in Orbiam at the Military Base which is just three Kilometers away from Naka town, while seven people were injured with two others kidnapped.”The local government council in collaboration with stakeholders in Nagi set up a search and rescue operation team. So far, the search and rescue team has recovered six corpses this morning (Monday), while the injured ones have been evacuated to general hospital Naka for medical attention.”As I speak with you, our people have fled all the communities in the affected areas. The whole communities have been deserted and taken over by herders. We can no longer go to farms, children have stopped going to school, while markets and churches have been shutdown due to the activities of these Fulani terrorists occupying communities. Government must do something, they must act fast to stop these incessant killings in Benue State particularly in Gwer-West”, the source said.The Chairman of Gwer-West Local Government Council, Victor Ormin confirmed the incident, saying that the killing was still on as over 42 people have been killed so far.He described it as a “Pathetic situation”, revealing that recovery of corpses is still ongoing and over 30 dead bodies have been recovered so far between Sunday and Monday(yesterday).According to him, when he confronted the military on why they are adamant to engage the armed herders, the military personnel told him they were yet to receive a directive from higher authorities to engage them.”Only yesterday, I buried five people, fathers of children and when I confronted the military to engage the killers of my people, they told me that they are waiting for a directive from higher authorities.”So, until my people are all killed before the federal government would give directives to military personnel before engaging these people.”They are claiming that they don’t have the mandate to engage these people, that it is only the federal government that can give them the mandate to engage these people. So, my people should be killed, dead all before the federal government would talk about it; what is the meaning of this?”Yesterday I buried a father and two of his children over 40 to 50 years of age in Tse- Orbiam, very close to a military base. What is the meaning of this? Now we are talking about 40 or more people. This is genocide.”If they cannot help me, maybe I will leave this chairman seat and let it continue the way it is. I don’t care about being a chairman of a people that are all killed. Look at a child of two years old butch with cutlasses.”More than 20 people were killed in Aondona village. This is a village of the former first lady of this state, Eunice Ortom. This is the village of Tor Gwer, this is the village of Bishop of Makurdi catholic diocese Bishop Anagbe. This is talking too much to condole and I can tell you, whatever will happen, will happen. Thank you”.”We are not saying that the military is incompetent, the soldiers are waiting for the orders and the mandate to do what they have to do which have not been given.A Mobile police man, identified as Magaji, was killed yesterday. He has dedicated his whole life to service, he is always at that junction along Naka road whether he has bullets or not. Yesterday when they came, they said he finished his ammunition and was scouting for people to leave and Magaji was killed yesterday. This is genocide.As of press time, the Benue State Police Command was yet to confirm the ugly development in Gwer-West Local Government Area. All efforts to get confirmation from the command’s police public relations officer, Catherine Anene was unsuccessful as she could not respond to text or calls.Kogi Auto-Crash Claims 19, Injures EightThe Federal Road Safety Corps (FRSC) on Monday confirmed that no fewer than 19 persons died and eight others injured in an auto crash which occurred on Sunday along Lokoja-Obajana road.State Sector Commander of the corps, Kumar Tsukwam confirmed this to DAILY ASSET in Lokoja on Monday.Tsukwam said that some of the survivors sustained bruises, cuts, dislocations, fractures, and fire burns.He said that the fatal accident occurred at Gadabiu community along the Lokoja-Obajana road in Lokoja Local Government Area of the state around 4pm on Sunday.He revealed that among the 19 burnt to death, were five children.According to him, the fatal and very sad accident involved an articulated vehicle (Truck) and a Toyota Hummer Bus heading to Abuja from the South.He said that it was a head-on collision when the bus on high speed tried to overtake an articulated vehicle only to face an incoming articulated vehicle with no option.“It was very unfortunate, because it was caused by speeding and wrongful overtaking and involved 27 persons with only eight survivors.“Our rescue operation team and the police were able to rescue the eight survivors and rushed them to Fisayo Hospital, Obajana for immediate medical attention.The commander said that the highways were not race roads and appealed to motorists to avoid speed and wrongful overtaking.He also tasked motorists to always keep to traffic rules and regulations to help the corps and the federal government in reducing road traffic crashes and carnage on roads across the country.