Mr Temitope Ajayi, Senior Special Assistant to President Bola Tinubu on Media & Publicity, says the Federal Government’s planned massive consumer credit system in 2024 will favour Nigerians.
Ajayi in a statement on Wednesday in Lagos, said during electioneering , Tinubu was big and loud on the catalytic effect of consumer credit in driving economic recovery, growth and development.
According to him, the credit is to boost industrial production and a strong weapon against corruption.
The aide said that long before Tinubu declared for the presidency, he had been a big advocate of consumer credit.
He recalled that the President made consumer credit a key highlight of his remarks at the 2016 edition of the Bola Tinubu Colloquium in Lagos.
According to Ajayi, Tinubu at the colloquium, called out the Chairman of Zenith Bank, Jim Ovia; his UBA counterpart, Tony Elumelu, and other bankers in attendance to begin to rethink consumer credit in Nigeria and charged them to develop good banking products in this regard.
