YouthCred initiative opens registration in Enugu, offers collateral-free credit to young people

Registration is now open in Enugu State for the YouthCred Initiative, a flagship Federal Government program designed to provide affordable, collateral-free credit to young Nigerians.

The program aims to expand financial access and support productivity.

Implemented through CrediCorp, Nigeria’s national consumer credit institution, YouthCred aligns with the federal economic reform agenda to make fair credit accessible to working youths.

In Enugu State, the initiative is being rolled out under Governor Peter Ndubuisi Mbah’s administration and coordinated by the Enugu SME Center/Office of Digital Economy.

Arinze Chilo-Offiah, Special Adviser to the Governor on Digital Economy and MSMEs, announced the registration launch.

He stated that the program empowers youths by providing credit for essential tools, including professional equipment, digital devices like phones and laptops, power solutions, transport needs, and other household necessities.

Chilo-Offiah explained that YouthCred removes traditional barriers such as collateral requirements and exploitative lending practices.

It is structured to help young people “work better, earn better, and live better” while building a healthy credit and repayment culture.

The initiative reflects the state government’s commitment to unlocking economic potential through youth-focused interventions.

Employed youths in Enugu State are encouraged to register for this opportunity aimed at enhancing financial stability and productivity.

About The Author

Dele Fashomi

Dele Fashomi, seasoned journalist and communication teacher, is a holder of Master of Arts degree in Communication and Language Arts from the University of Ibadan in 1992/93.

Earlier, he had bagged a Bachelor degree from the same university in 1984, after which he proceeded to the Nigerian Institute of Journalism, Lagos, in 1990, for a postgraduate diploma in Journalism.

He had done many courses in communication, including the EU-BBC Editing Course in 2002.

Mr. Fashomi combines effectively the practice, research and teaching of communication. And to date, he has published two academic works in communication: Issues in Communication Technology and Policy (2010) and Economic and Social Issues in Advertising and PR (2013).

He had his first break in the Nigerian media in Concord Newspapers in 1990 and today, he has over two and half decades experience earned in several newspapers.

He has been part of many start-ups, such as The Republic (1987), The Comet (1999), The Anchor 2001 – 2002; Sun Newspapers (2003); Westerner newsmagazine (2005 – 2010) as Editor; National Life (2011) as Sunday Editor, and Newswatch Newspapers (2012- 2016) as Daily Editor.

Dele Fashomi is now the Publisher/Editor-in-Chief of Newstide247.com newspaper online, which he started in July 2015. He is also into biography writing, with many books in his trail, some of which he wrote alone and one he co- authored with his mentor, Mr Dare Babarinsa, entitled: Olabiyi Durojaiye – DARE TO BE DiFFERENT. He also guided and collaborated with Pa Olatunji Odusanya in writing his autobiography – AGAINST ALL ODDS. There are many other books in the works under his pen.

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