Nigerian Government Offers N5 Million Credit to Employed Youths in Youth Employment Scheme

The Nigerian government introduces a youth employment scheme through CreditCORP, providing N5 million credit to employed youths aged 18-39 to enhance economic growth. The initiative aims to support young workers in accessing financial tools and products for stability.

The program aligns with ongoing economic reforms and aims to increase participation in the formal credit system. CreditCORP has disbursed billions in credit over the past year, targeting over a million beneficiaries by 2026.

The government is committed to expanding opportunities for structured credit access.