A journalist, Mr. Musliudeen Adebayo, has asked the Commission of Economic and Financial Crimes (EFCC), to the Central Bank of Nigeria (CBN) and the Commission of Public Complaints that intervene and prevent the Nirsal microfinance bank from doing more deductions from its account.
Adebayo, a Daily Post journalist, made this request in a request on the increase in Nirsal loans aimed at the three agencies, a copy of which he shared with journalists on Friday.
In the petition, entitled “Petition against Nirsal Microfinance Bank for a sudden increase in my loan payable,” Adebayo urged agencies to prevent the bank from deducting money to any of its accounts.
He explained that in 2020, during the Covid-19 pandemic, a subsidy was promised, but then discovered that the sum of a hundred eighty thousand naira that he received was actually a loan.
Adebayo declared that both the main loan and the interest of 15 percent have paid both. However, he expressed his regret that the bank now demands an additional 15 percent of it after completing these payments.
Adebayo also pointed out that when he approached a branch of Nirsal Microfinance Bank in Dugbe to close his account, the bank insisted that he would still have to pay the additional 15 percent.
He took this opportunity to appeal to EFCC, CBN and PCC to ensure that no more deductions from his account are made.
“I have exhausted all the necessary roads to solve this matter in a friendly way, but the manager and staff of the Nirsal Microfinance Bank in Dugbe Ibadan still insist that they will still deduce money from my account after having paid the main loan and the interest of 15 percent and that I do not have other options that write this request to the three agencies and that has paid all the journalists for all the members of the public that do not Options to write this request to the three agencies and that makes it available for journalists for all public members of the public members who do not have other options that do not have to write this request to the three agencies and that is available for journalists for all members of the public members that I do not have other options that I do not have other options that to write this request to the three agencies and make them available for journalists for all members of the public that I do not This request to the three agencies and make them available for journalists for all public members of the public namely.
“I am using this means to complain about a sudden increase in my loan payable at Nirsal Microfinance Bank from 15 to 25 percent. I would like to tell me that I was not informed that I was granted the loan instead of Grant.
“The bank opened an account with 0250571240. We thought it was a subsidy at that time. I was not sent any message until August 2023. Sometimes in August 2023, I received a message that I was supposed to pay the loan. I started the payment in September 2023. I approached the branch of Dugbe Ibadan and that I asked me for the total amount for the amount. and additional 15 percent as an interest that is added is N207,000
“I paid a sum of 10,000 on August 19, 2023. 5,000 on August 22, 2023. 5,000 on August 29, 2023. 5,000 on September 20, 2023. 5,000 on October 23, 2023. 10,000 on December 29, 2023. A sum of N101, 277 deduced from my account on May 10, 2024, through GIS, of N1 of N1 of GIS, it was deduced through my account through GIS, through GIS, through GIS, through GIS de N1 of N1 of GIS. the balance that the main amount (N180,000) and fifteen of fifteen percent (N27,000) should pay.
“Unfortunately, I approached the same branch and told me that there are additional N18,000 that I had to pay. I told the manager to provide the payment schedule that sometimes issued me, but he denied me. As today, I have paid all the total amount of money that would be supposed to pay based on the sheet issued when I demanded the total amount of money I should pay.
“On Friday, May 23, 2025, I approached the same branch that demanded the closure of my account, but they told me that I can only change the status of my credit that initially did not agree.
“My application: I have paid all the total amount of money that I should pay, including 15 percent interest and in this installation, I look for your intervention to prevail in the bank so as not to deduce any money from my account from now on. I want to close the account totally and I no longer want to have anything to do with the bank. I am using this means to appeal to use your good office to ensure that all these requests are granted.”