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Finance

FG Launches USSD Credit Service for Household Needs and Solar Power in Nigeria

The Federal Government has launched a USSD credit service aimed at providing Nigerians with access to household needs and solar power.

The Federal Government has launched a USSD credit service aimed at providing Nigerians with access to household needs and solar power. According to reports from Nigeria Business and Premium Times Nigeria, the service will allow users to purchase items such as food, electronics, and household appliances, as well as pay for solar power solutions, using a simple *467# code. The service is expected to improve financial inclusion and ease the burden of cash transactions for many Nigerians. The Nigerian government has not yet disclosed when the facility began operating, or which banks and solar power providers will be participating. This development comes as the government continues to push for increased access to renewable energy and financial services for Nigerians. The USSD service is expected to help reduce the cost and complexity of accessing these essential services, making it easier for millions of Nigerians to improve their lives.

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