UNLOCKING OPPORTUNITIES: Ministry of Youth Development and CrediCorp Forge Partnership for Financial Inclusion

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UNLOCKING OPPORTUNITIES:



A Step towards Economic Growth;



Ministry of Youth Development and CrediCorp Forge Partnership for Financial Inclusion













Today, the Minister of Youth Development, Comrade Ayodele Olawande received a high-level delegation from The Nigerian Consumer Credit Corporation (CREDICORP) led by Mr. Uzoma Nwagba, the Managing Director and Chief Executive Officer. This significant meeting took place at the Ministry's headquarters in Abuja and served as a vital platform for both parties to explore potential collaborations focused on enhancing youth access to consumer credit and improving financial empowerment opportunities across Nigeria.





During the meeting, the Honourable Minister expressed heartfelt appreciation for CrediCorp's ongoing commitment to providing inclusive financial solutions tailored to the needs of young people. He highlighted the indispensable role that youth-centered credit initiatives play in fostering entrepreneurship, generating job opportunities, and driving sustainable national development. 






The Minister stressed that equipping young individuals with the right financial tools and knowledge could catalyze a more innovative and economically vibrant Nigeria, ultimately benefiting the nation as a whole.



The Permanent Secretary of the Ministry of Youth Development, Olubunmi Olusanya, echoed these sentiments, embracing the collaboration as a welcome opportunity to engage with Nigeria's youth population. He emphasized that such initiatives would offer young entrepreneurs the resources they need to improve and expand their businesses, thereby increasing their contributions to the local economy. Olusanya expressed his enthusiasm for further in-depth discussions with CrediCorp to explore program details and implementation strategies.



In his remarks, Mr. Nwagba reiterated CrediCorp's unwavering dedication to supporting young Nigerians through a variety of innovative credit schemes designed to address their unique challenges. He underscored the importance of partnering with the Ministry to develop programs that not only facilitate access to credit but also promote financial literacy, ensuring that young people understand how to manage and utilize credit responsibly. Mr. Nwagba expressed optimism that through close collaboration, both organizations could effectively achieve their shared objectives of empowering the next generation and significantly contributing to the country’s overall economic growth and development.

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