Ajuri Ngelale, the President’s special adviser on media and publicity, announced that the first phase of the program will target civil service employees before being expanded to the general public.
Ngelale highlighted the importance of consumer credit in modern economies, noting that it enables individuals to improve their quality of life by purchasing goods and services upfront and managing payments over time responsibly.
This program supports essential investments such as housing, transportation, education, and healthcare, which are critical for maintaining stability and achieving personal goals.
Here are five straightforward steps to apply for the loan scheme before the first phase deadline:
Visit the Official Website
Civil servants and other working Nigerians should go to the official scheme website,
to express interest.
On the website, click on the “Register Now” icon to access the personal information page.
Fill in personal details, including first, middle (optional), and last name, phone number, email address, date of birth, gender, state of residence, and state of origin.
Click “proceed” to move to the next page.
Purpose of the Loan
After providing personal information, specify the reason for applying for the loan.
Indicate the amount you can comfortably repay within six months.
Answer whether you have previously borrowed from a microfinance bank and, if so, the highest amount borrowed.
Provide your National Identity Number details.
Employment Details
On the next page, fill in your employment details, including years of work experience and monthly salary.
Specify the bank where you receive your salary and the bank account for the loan disbursement.
Secondary Employment Details
This section is optional for those with additional employment.
If applicable, provide details of your secondary employment, including years of experience, minimum earnings, and the bank details where you receive this income.
Face Capture
Finally, complete a face capture to finalize the registration process. Once this is done, your registration will be complete.
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Title: Applying for the New Loan Scheme: A Step-by-Step Guide
Caption: Simplify Your Loan Application Process
Description: Discover how to apply for the government’s new loan scheme with our easy-to-follow guide. Starting with civil service employees, this program supports essential investments in housing, transportation, education, and healthcare. Follow these five simple steps to complete your application and secure the financial assistance you need.