THE Federal Government has said there are about 70 to 90 online lending applications currently operated by various firms in Nigeria.
The Executive Vice Chairman, Federal Competition & Consumer Protection Commission, Babatunde Irukera, made the disclosure in Lagos on Thursday, during a collaborative engagement with the media to review and analyse the state of the market.
He said some of the online apps were legitimate while others were operating illegally.
“Not all the online loan applications are illegal. Some are completely illegitimate; some are legitimate but illegitimate in their approach to tracking debtors. We are against the illegitimate works,” Irukera said.
The FCCPC boss urged companies to be responsible and responsive to customer care services.
According to him, the government is more accessible and easier to find than private individuals because individuals want to make a profit.
Irukera said, “Government for all its inefficiencies is more accessible, easier to find than private individuals who just sell to make a profit.
“Industry must prioritise responsiveness and responsibility to their customers. Customers responsiveness is a core to business and FCCPC owes this as a responsibility.”
He said the media is a critical infrastructure in the constitution obligation of the government to protect the consumers’ interest.
“What we intend to achieve is to educate people of their rights,” he said.
Irukera also said that one of the challenges in the telecommunication sector is transparency in billing.
He said, “Challenge in the telecommunication is transparency in billing. With data, it is difficult to see transparency in data billing, transparency is better with voice calls than with data.”
anastrozole oral cost arimidex arimidex 1mg cost
casino card games online pharmacy help me with my research paper
order ramipril 5mg for sale buy generic etoricoxib 120mg brand etoricoxib
order doxycycline generic doxycycline 200mg price order cleocin 150mg for sale
write paper online azulfidine cheap buy azulfidine 500 mg generic
cost asacol 800mg astelin 10 ml uk order generic irbesartan 300mg
buy olmesartan sale verapamil 240mg without prescription buy divalproex 500mg sale
acetazolamide 250 mg canada cheap acetazolamide 250mg azathioprine 25mg price
temovate online order purchase buspirone for sale buy amiodarone 200mg pills
order lanoxin 250mg pills telmisartan medication molnupiravir medication
carvedilol cost carvedilol drug elavil 10mg without prescription
ivermectin india best erection pills order prednisone 10mg sale
zofran 4mg sale order ondansetron 8mg sale bactrim canada
ventolin 2mg uk synthroid 75mcg cheap buy clavulanate pills
order absorica sale brand accutane zithromax 250mg drug
modafinil oral lisinopril 5mg generic buy lopressor 50mg without prescription
buy prednisolone sale buy gabapentin 800mg buy lasix 40mg generic
avodart 0.5mg without prescription buy generic orlistat 120mg order orlistat 120mg for sale
buy doxycycline order doxycycline 200mg generic zovirax us
oxybutynin 2.5mg brand oxybutynin cheap order trileptal pill
buy cefdinir online buy omnicef pill protonix 20mg canada
order simvastatin promethazine price sildalis online order
order avlosulfon pill order atenolol generic tenormin 50mg drug