FG unveils consumer credit-scheme for laptops, others

Nigeria's Federal Government has introduced the "Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices Programme" (C.L.I.C.K.D.). This new initiative aims to provide Nigerians with affordable access to essential digital tools like laptops and internet-enabled devices through structured consumer credit.

The program is being implemented by the Nigerian Consumer Credit Corporation in partnership with the Federal Ministry of Communications, Innovation and Digital Economy. It is designed to deepen digital inclusion and broaden access to technology nationwide. The government stated that the initiative supports its broader objective of democratizing consumer credit, generating economic opportunities, and improving citizens' quality of life through responsible borrowing.

Launched in collaboration with the Federal Government's Three Million Technical Talent Programme, C.L.I.C.K.D. will offer eligible Nigerians financing for digital devices. Initially focusing on locally assembled laptops and prioritizing local manufacturing as it grows, the scheme intends to enhance digital inclusion, support skills development, boost productivity, and enable greater participation in the digital economy.

Speaking at the launch in Abuja, Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, emphasized the importance of a robust credit system for societal progress. He highlighted the government's efforts to provide credit facilities and commended President Bola Tinubu and the Managing Director of CREDICORP for leading the initiative. Tijani described C.L.I.C.K.D. as a transformative program expected to stimulate job creation, expand economic opportunities, and significantly contribute to national output, aligning with the administration's vision for a $1 trillion economy. He added that the government's commitment to a strong credit ecosystem lays the groundwork for economic growth, entrepreneurship, and digital transformation.

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That’s what President Bola Tinubu is doing. When he said he wants to create a `$1 trillion economy, and there’s no other way to creat