𝐅𝐆 𝐔𝐧𝐯𝐞𝐢𝐥𝐬 𝐏𝐞𝐧𝐬𝐢𝐨𝐧-𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐋𝐨𝐚𝐧 𝐅𝐨𝐫 𝐑𝐞𝐭𝐢𝐫𝐞𝐞𝐬

The Federal Government, through the Nigerian Consumer Credit Corporation, has introduced a pension-backed loan scheme to support retirees across the country.

Launched on Thursday, the initiative is part of efforts to strengthen Nigeria’s consumer credit system and provide financial empowerment for senior citizens.

The scheme will enable retirees to access credit facilities using their pension entitlements as collateral, thereby improving their quality of life and economic participation.