x

Ekiti State govt. raises alarm over fake loan packages

Ekiti State government on Monday cautioned residents against engaging in business transactions with unverified loan givers to avoid being scammed.

Commissioner for Information and Values Orientation, Mr Akin Omole, said in a statement issued in Ado-Ekiti that some unscrupulous persons and organisations were going about baiting people with attractive loan packages to swindle the gullible.

He described a particular viral video of some women in the state that were allegedly swindled by one of such companies as unfortunate and sad.

He expressed government’s sympathy with the fraud victims, stressing that the issue was particularly lamentable because government already established a Microfinance and Enterprise Development Agency where traders and artisans could obtain soft loans.

According to him, relevant security agencies are already on the trail of the swindlers.

The commissioner also advised Ekiti State people to make proper enquiries at the Ministry of Trade and Industries for available loan facilities for small and medium scale businesses to avoid falling prey to fraudsters. 

Hot this week

Over 50 terrorists neutralize, 70 wounded in severe battle with troops

By Achadu Gabriel, KadunaWith renewed vigour and triumph,...

Sunday, 26 October 2025 Premier League15:00 CET AFC BournemouthvNottm Forest ...

Gov. Ododo Pledges Road Rehabilitation and More Development Projects in Kogi Community

By Noah Ocheni, LokojaGovernor Ahmed Usman Ododo of Kogi...

Awful and Outplayed – Why Arne Slot Must Look Inward to End Liverpool’s Slump

Liverpool manager Arne Slot blamed tactical adjustments from opponents...

Ruben Amorim Lists Four Reasons Casemiro Is ‘So Important’ to Manchester United

Manchester United’s resurgence under manager Ruben Amorim continued on...

Today’s Headlines: Galatasaray Recoup €31m From Osimhen Deal; ‘Nigeria...

Sunday, 26 October 2025 Premier League15:00 CET AFC BournemouthvNottm Forest ...

TCN Tower Vandalized on Gombe–Damaturu 330kV Line, Disrupting Power Supply to Northeast

By Jabiru HassanThe Transmission Company of Nigeria (TCN) has...

Related Articles

Popular Categories

spot_imgspot_img