Money-Lending

Lagos State Government has disclosed that it has registered over 400 money lenders in the last two years, just as it noted that it has also vaccinated over 2,500 intending pilgrims for the next hajj. Making this disclosure at a ministerial press briefing to commemorate the second year in office of the state Governor, Babajide Sanwo-Olu, at the Press Centre in Ikeja yesterday, the state Commissioner for Home Affairs, Prince Anofiu Elegushi, stated that the ministry is in partnership with the Money lending sector in a way that most of such organisations are mandated to register with the ministry for the coordination of their activities. According to him, “In return, the ministry has registered, profiled and monitored the viability of such companies to ensure that while the money lenders are ...