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Bank Of Agriculture Warns Nigerians Against Taking Loans To Marry, Throw Parties, Says It Has N243Million With Debtors

The Bank of Agriculture (BOA) has warned Nigerians against taking loans to marry new wives and hold parties. The warning was given by the BOA Ilorin Branch Manager, Mr Dele Aderibigbe who revealed further that the agency is striving to recover about N243 million loan disbursed to 150 debtors between 2011 and 2024 in Kwara State. He stated that the loan, known as a warehouse loan, is classed as bad debt but is still being monitored for recovery.
Kwara State News Agency Of Nigeria Ilorin Branch Medium Enterprises Msmes Branch Manager News Agency

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