The House of Representatives has urged the Federal Government to close down Operations of illegal and unauthorized loan companies in Nigeria to minimize fraudulent activities of fraudsters and other criminal elements.
Cases of One Chance and other criminal activities have been rampant in Nigeria particularly the nation’s capital.
Often times the Phone number or account number of the victims of these criminal activities are often used to borrow money thereby making the victim indebted.
Concerned by this ugly trend, the House in an urgent motion by a member representing orinyowan, inhowonde Federal Constituency of Edo State Mr. Billy Famous urged the Nigeria Police, Banks and Fintec operators to help address the menace.
In another motion sponsored by a member representing Badagry Federal Constituency of Lagos State, Sesi Whigan, the House mandated its relevant committees to investigate smuggling activities by Nigerian customs across the boarders
Also contributing to the motion, a member representing Ndokwa East Ndokwa West, Ukwuani Federal Constituency of Delta State Nnamdi Ezechi, expressed displeasure over maltreatment of civilians by Nigerian Customs.
Meanwhile, an amendment Bill to provide for Compulsory Counselling and Training for Convicts of Corruption Related Offences passed through second reading
Also a Bill for the establishment of Federal College of Education
Suleja, Niger State passed through second reading.
A Bill for the Establishment of the Nigerian Ajaokuta Special Trust Fund to Provide Funds for the completion of Ajaokuta Steel Company passed through second reading in the Green Chamber
