[quote author=AntiMarxist post=129612586]Larry Fink is ruling Nigeria .

President Tinubu no be everything from BlackRock you go take.

This is pure Jewish ursury that only ends up bankrupting society .

The student loan thing is pure evil .


Stop grunting you enemy of progress

We need government to set up similar scheme that would enable every farmer( both in animal husbandry and crop production) to be able to sell their goods at a transparent price( a bit above the market price )to the Federal Government, this will encourage even an average white collar jobber to see agric as lucrative,see the villages are near empty,we need drive for every Nigerians to go back into farming in the south and in the north.


One of the main cog in the wheel of agric. In Nigeria is MARKET AND LOGISTIC.
The F.g will buy transport and process it for redistribution or exportation.

Our people will be able to key into Cattle production ,pork production; fish production because this would encourage everybody.
The moment you know as a producer that once you produce your goods the government is going to buy people will be encouraged to go back into agricultural production.

UncleAyo:


Please, can you educate me on why it will not benefit the commoners.

This is simply mortgage it's meant for people that credit worthy. Basically if you don't a penny in your account to repay the debt don't even bother taking it

Blaze14k:


This is simply mortgage it's meant for people that credit worthy. Basically if you don't a penny in your account to repay the debt don't even bother taking it

It's not mortgage. Lol..

They are not giving people credit to buy houses or build houses.

It's a credit scoring system to make it easy for banks to lend money to trustworthy people.

The positive impacts of your programmes and policies are what will evoke praises and commendations from true Nigerians who are not just hypocrites and sycophants.

Goodvibes007:

It's not mortgage. Lol..

They are not giving people credit to buy houses or build houses.

It's a credit scoring system to make it easy for banks to lend money to trustworthy people.

Banks are doing that already so what's the difference. As am speaking banks do lend money to people without collateral

No more "No credit today,come tomorrow"...

Everything about this government, Dem must add CREDIT to it, that means wahala go dey

Eriggs:
Pigs will still cry

Crying already

Ogonimilitant:
Propaganda does govern a nation.
Everything fake like the fake Bishops
Ronu people have occupied the font seat already

try to calm down

meum:
A country without proper data of her citizens? Let’s see how it goes

What is BVN and NIN then. Think before you comment

AntiMarxist:
Larry Fink is ruling Nigeria .

President Tinubu no be everything from BlackRock you go take.

This is pure Jewish ursury that only ends up bankrupting society .

The student loan thing is pure evil .

How is consumer credit bad? It is the best way for Government to stimulate economic growth because there would be high consumption which in turn fuels demand that fuels high production.

This is not far reaching enough.

The repayment period should be extended beyond 6 months.

How many public servants can afford to repay a house or car loan within 6 months?

The loans for major acquisitions should extend up to the length of service of the beneficiaries if they so wish.

Dikegodspower:
Akuko mama Ngozi na ndi yard

You can hate or disagree with someone but that doesn't mean you should hate every policy of his or that every policy is bad.
Loans and credits are actually the bedrock of every economy.
Nigeria cannot grow and reach its potentials if you must make full payment for a car,house and even items like phones and household electronics and needs before you acquire them.
That is a stone aged way of growing an economy

AntiMarxist:
Larry Fink is ruling Nigeria .

President Tinubu no be everything from BlackRock you go take.

This is pure Jewish ursury that only ends up bankrupting society .

The student loan thing is pure evil .

Oloshi ni yin se

Blaze14k:


Banks are doing that already so what's the difference. As am speaking banks do lend money to people without collateral

With a credit scoring system, microfinance Banks would be able to lend to their customers even without collateral depending on your score and amount. All they need to do is pull up your score.

This initiative, in collaboration with financial institutions and cooperatives nationwide, aims to broaden consumer credit availability.

They would also be able to blacklist bad customers that are defrauding the banks.

This is the kind of benefit the developed nations enjoy, you don't need to steal,do hook up and do otherwise because you want to buy phone and other basic needs.if this program has been on ground since civil servants wouldn't be stealing from the government purse

Nigerians that find it hard to pay back what they borrowed😁

thaoriginator:


I tried to register motherfuckerrz dey yarn me say my email, nin and phone has been used for this already..

I'm like "Whatabloodclaaat!"

Act fast if the above is true otherwise you'll be paying back a hacker's loan.

Goodvibes007:

With a credit scoring system, microfinance Banks would be able to lend to their customers without collateral. All they need to do is pull up your score.

I just told you banks are doing that already.. this is simply a mortgage scheme for everybody to access. I run a business and I know how these things work. It's a mortgage stop trying to confuse yourself

StOla:
Tinubu, if you see this one do, your name will never be forgotten.

He don do am, I confirmed it. Na stage by stage. the effect might not go round immediately but it's good they target 50% Nigerian in 6 years, at list curruption will reduce for those that are patriotic. We have nothing before but now we have something, I pray some nigerians will not start to be fraudulent with it in the ministries.

Winning123:


What is BVN and NIN then. Think before you comment

Think before you quote me.

Didn’t you see the report where people have been reported with two(some multiple) NINs? Go & look for that news

Do the unbanked in the society have BVN?

Most people with BVN are experiencing issues with mixed up data.

Even the network providers & banks are still asking the subscribers/customers to come & update their numbers/accounts with information that was already given to them years ago.

Is that what you call proper data in a country? Next time think before you quote any comment.

tete7000:
All those hailing Jagaban on the front page should educate Nigerians how this works to empower them.

Just visit the link. Register, enter the amount you want and your work details including income. You will be credited for installmental repayment through your chosen bank

Good but first thing first, what is the new minimum wage? That's the main thing. The purchasing power of Nigerians has declined due to inflation inflicted on the economy by you.

delpee:


Act fast if the above is true otherwise you'll be paying back a hacker's loan.

i doubt that. Probably a system error or something.

If that's the case they should show me how much I applied fa

garfield1:


It will boy

Lol

Where is the Npower beneficiaries 9 months outstanding stipend?
Where is the so called 50k grant for 100k beneficiaries?

All of them na AUDIO

UncleAyo:
A welcome development



https://nta.ng/2024/04/24/president-tinubu-approves-takeoff-of-consumer-credit-scheme/

A credit-based system is a key factor in driving the economies of most advanced countries of the world.

Tinubu is not my president gang will also apply?

Please give Nigerians credit system. If it’s well regulated it will benefit the economy and everyone in general

At the very least anti-japa people will not be able to use it as a talking point anymore. Let’s see what their new propaganda will be.

But jokes apart, credit based system with commensurate job provision to ensure that the borrowers are capable of paying back might do wonders for our economy.
I don’t like Tinubu but this could work. Heavy on the COULD because an enormous amount of integrity & regulation needs to go into upholding the system.

vanitybutiwanti:
Nice, nobody is challenging him in 2027 provided he's alive

Yes oh! Naira now exchange for #900 to the Dollar at Ashiwaju Bureau de change, next week it will be #800 to one dollar.