Stop The illegal Operation of Loan Sharks in Nigeria

Stop The illegal Operation of Loan Sharks in Nigeria

Started
26 August 2022
Petition to
Babatunde Irukera (CEO, Federal Competition & Consumer Protection Commission) and 1 other
Signatures: 4,030Next Goal: 5,000
Support now

Why this petition matters

Started by Oladipupo Iyowun

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.

 

Support now
Signatures: 4,030Next Goal: 5,000
Support now

Decision-Makers

  • Babatunde IrukeraCEO, Federal Competition & Consumer Protection Commission
  • The Securities and Exchange Commission, Nigeria