FG launched Next Phase Of YouthCred, Extending Credit to 1 Million Youths

The Federal Government has launched the next phase of YouthCred for youth entrepreneurs extending affordable credit to 1 million economically active young Nigerians and reaffirming its commitment to ensuring that no young person with ambition is held back simply because they lack access to finance.

The Youths can now also access the YOUTHCRED for Entrepreneurs programme, offering loans of N200,000 to N2 million to support 500,000 young entrepreneurs across Nigeria.

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Recall that On Democracy Day 2025, President Bola Ahmed Tinubu in his speech affirmed that every hardworking Nigerian deserves access to structured consumer credit that expands opportunity and improves quality of life. On that day, he announced the phased rollout of the YouthCred" programme of the Nigerian Consumer Credit Corporation (CREDICORP) - beginning with NYSC Corps Members then expanding to all employed young Nigerians and now to youth entrepreneurs.

The expansion reflects both the scale of demand and the administration's commitment to unlocking opportunity for millions of young Nigerians through the country's most affordable structured credit. He emphasised .

Young Nigerians aged 18-39 can begin their YouthCred journey by completing mandatory credit education and applying with no collateral required here https://www.youthcred.com or visit the participating Partner Financial Institution as the programme expands nationwide. For more information, visit https://credicorp.ng

There are now 3 products options which are as follows:

• NYSC Corps Members
• Employed Youths
• Youth Entrepreneurs

The Federal Government said that they believe that youth empowerment is not defined by the promises they make, but by the opportunities they create, the businesses they help to grow, the jobs we enable and the lives we transform. That is the standard by which we measure our impact.

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Through YouthCred, we are not just providing access to credit; we are unlocking enterprise, strengthening livelihoods and building a generation of financially empowered young Nigerians ready to drive national prosperity, FG said

#YouthCred #RenewedHope #YouthDevelopment #FMYD