Nigerian Woman Reportedly Burns Self To Death Over Failure To Repay N70,000 Loan | Sahara Reporters

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The deceased woman was burned beyond recognition as the entire building in Abeokuta's Oke-Keesi, Itoko area was destroyed in the process. A Nigerian woman, simply identified as Mama Dada, has reportedly burnt herself in her rented apartment over her inability to repay a loan of N70,000 she took from a microfinance bank popularly known as LAPO.According to The PUNCH, the deceased woman was burned beyond recognition as the entire building in Abeokuta's Oke-Keesi, Itoko area was destroyed in the process.LAPO is well-known for lending money to traders and other small-business owners with specific repayment plans.

“What they do is that you will join the group and start making thrift with them, it is the evidence of this thrift through your card that will qualify you for a loan which you must either pay back outrightly or in batches.“But either in batches or outrightly, there is always a set date for repayment that you must meet but if you default…you will live to blame yourself.”The secretary of the Community Development Association in the area, Ade Babawale, confirmed that the deceased owed the bank.

Source: News Formal (newsformal.com)

Nigeria has fallen on her .. Rest on! It's life after death that matters.. Hell or Heaven? What you do here on Earth determines where you will spend eternity..

The man fit for the game vote Peter Gregory obi for president 2023 PeterObi dattibabaahmed NgLabour PeterObi4President2023

What poor masses are passing through in Nigeria is simply hellish and these set of leaders remains careless

People will get close to you when you have things to offer, as soon as you don't have again they'll run away 'JAPA' including some of family members.

This is not about APC OR any party. D truth is....how close are u to friends, relatives & neighbours. Town is hard & a lot is happening to people. The best we all can do is to have eyes that see need to help & mouth that ask questions. When we see d need then try to help anyone

Lapo...

The government that enjoy most atrocities without any resistance in Nigeria's history is Buhari's government. Even the most powerful can't even utter opinion and the poor even accept and validate their sufferings as normal. Military rule in Nigeria was better yet we protested.

Sad 😔

asemota fccpcnigeria please look into this and penalize lenders who employ dehumanizing and degrading loan recovery tactics... it's not only loan apps.

That's the way it has been for nigerians for the past eight years 😰😨,too sad 😭 and very unfortunate .

What a sad way to die. RIP.

Mazi Nnamdi kanu told u poeple that de Zoological Republic called Nigeria is a scam no body listing to him dis is the beginning

100 dollars, I can't efnn bliv this , kaiii 9ja

Nigeria spring

In a sane society, her suicide could cause outrage because her death was induced by inept leadership. God, please forgive her and may her soul rest in peace.

And people are supporting apc because of hatred.

Even though I owed Opay 1billion i go still eat three times a days RIP 🪦

That show how the zoo country is working for the believer's of the 419 country Nigeria

Nigeria will happen to you if you vote APC. The blood of the innocent is on that party.

It hurts when you don't have and help isn't coming even from people that could have ordinarily help out for God's sake

She did her own first....who knows when mine is up

Even if it is 100 millions she shouldn't have burn herself to death because of ordinary 70,000, God please help Nigerians

And politicians are seeing those suffering yet they stashed billions of naira in their vaults. God please let Peter obi happen to Nigeria

Nigerians have been driven to the brinks through economic hardship, we never used to be suicidal.

And some people go still vote this APC again

The depression fxking is real.

Hunger in the land.

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