Stop The illegal Operation of Loan Sharks in Nigeria

Stop The illegal Operation of Loan Sharks in Nigeria
Why this petition matters
Loan apps operated by loan sharks became popular during the Covid pandemic but they still operating in Nigeria and they're causing chaos and destruction with their activities. They forge NPF Letterheads, use fake Police Station details to defame and blackmail their clients.
While CBN and other financial institutions like FCCPC are trying their best to stop their activities, the question is, are loan Sharks UNTOUCHABLE and INVINCIBLE?
Many Nigerians have resulted to committing suicide because the Loan Sharks have destroyed their reputation, defamed them, and destroy their reputation. This is criminal, unethical, and evil as many have been traumatized and depressed because of their inability to pay back the loans with humongous interest rates.
The suicide and depression rate is rising by the day, the government is doing its best but not good enough.
Sign this petition so we can all put a stop to Loan Shark Madness in Nigeria. They have no regulations as they work illegally in secrets.
Decision-Makers
- Babatunde IrukeraCEO, Federal Competition & Consumer Protection Commission
- The Securities and Exchange Commission, Nigeria