Bill seeking legal backing for Consumer Credit Corporation scale second reading at House of Reps
✍️ Sharon Eboesomi, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright📅 October 23, 2025 04:03 PM🕐 Scraped: October 24, 2025
Summary: The Tinubu administration established CreditCorp in 2024 to remove structural, market, and policy barriers, accelerate access to consumer credit, and engender a situation where a high-quality life becomes more common in the country.
The House of Representatives has passed for second reading a bill seeking to establish the Nigeria Consumer Credit Corporation (CreditCorp) to regulate consumer credit, ensure consumer protection, and enhance access to financing for Nigerians with verifiable incomes.
The proposed legislation was jointly sponsored by Speaker Abbas Tajudeen (APC, Kaduna) and Adewale Hameed (APC, Lagos).
Leading the debate on Thursday, Mr Hameed explained that CreditCorp, as the agency is
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