December 26, 2021 4:07 PM
Irukera said that the committee would also be writing provisional regulations for the money lending companies. “We are also going to be writing interim regulations and some basic information for all these money lenders to provide information so that people will know who they are.“So we are going to provide certain frameworks for them to comply with before doing business.”
Better ...
Regulating it is better than shutting it down. Many of the people crying fowl today profited from it but when it came to paying back, they couldn't. Some just refused to pay back. Not right. Our 1st instinct shouldn't be to shut things down akinalabi Look at the pros and cons.