CREDICORP Launches 10,000 Women in Mobility Scheme to Boost Economic Inclusion

CREDICORP Launches 10,000 Women in Mobility Scheme to Boost Economic Inclusion

Abuja, December 13, 2025

The Federal Government has launched the 10,000 Women in Mobility Scheme aimed at expanding economic opportunities and financial inclusion for women across Nigeria.

The programme, rolled out through the Nigerian Consumer Credit Corporation (CREDICORP), is designed to empower 10,000 women in the 36 states and the Federal Capital Territory (FCT) with access to mobility assets, including vehicles, tricycles (popularly known as keke), and motorcycles. Beneficiaries are expected to leverage the assets to participate in transportation, logistics, delivery services, and other mobility-related businesses.

Speaking at the official launch in Abuja, the Minister of Women’s Affairs, Imaan Sulaiman-Ibrahim, said the initiative is targeted at strengthening women’s economic participation by improving their access to credit and income-generating opportunities. She disclosed that the Abuja pilot phase saw mobility assets handed over to 1,000 women, adding that the programme would be scaled nationwide to reach 10,000 beneficiaries.

The minister commended the Managing Director of CREDICORP, Engr. Uzoma Nwagba, for driving inclusive access to consumer credit and translating government policies into practical economic opportunities for women. According to her, the scheme underscores the Federal Government’s commitment to dismantling structural barriers that limit women’s participation in key sectors of the economy.

She noted that enabling women to own and operate mobility assets would not only create sustainable livelihoods but also help beneficiaries build credible financial histories capable of unlocking future access to credit.

“Empowering women economically has a multiplier effect on families and communities, contributing significantly to national development,” she said, adding that with women accounting for over 50 per cent of Nigeria’s population, strengthening their participation across sectors would deliver value to both households and the wider economy.

Earlier, the Managing Director of CREDICORP, Engr. Nwagba, described the programme as a practical step towards deepening financial inclusion and strengthening Nigeria’s consumer credit ecosystem. He said the corporation is partnering with key stakeholders to integrate financing, asset provision, training, and business support to ensure beneficiaries succeed beyond accessing credit.

In separate goodwill messages, the Minister of State for Labour and Employment, Nkeiruka Onyejeocha; the Director-General of the National Automotive Design and Development Council (NADDC), Oluwemimo Osanipin; and the National President of the National Council for Women Societies (NCWS), Princess Edna Azura, praised the initiative, describing it as timely and impactful.

They noted that the scheme aligns with national efforts to promote decent work, industrial development, and gender inclusion, while urging beneficiaries to make responsible use of the opportunity to build sustainable businesses.

Some beneficiaries, including Jemila Abdulkadir, Christiana Michael, Maryam Adamu, Sakinat Lawan, and Maryam Abawu, expressed appreciation to the Federal Government and CREDICORP, describing the programme as timely and life-changing. They pledged to utilise the mobility assets judiciously, comply with repayment terms, and contribute meaningfully to economic growth.