The Tinubu-led Federal Government launched the Renewed Hope Automobiles Credit Fund, a ₦20 billion single-digit loan program.

Open to all Nigerians, the initiative aims to support the purchase of locally manufactured or assembled vehicles, motorcycles, and tricycles. The program is facilitated through CrediCorpNG, providing accessible financing for locally-produced automobiles.

PAN Nigeria Ltd is among the accredited manufacturers for the scheme. The program is facilitated through CrediCorpNG, providing accessible financing for locally-produced automobiles.