Beware Of Fake Senate Loan Scam, Senate President Warns Nigerians

Beware Of Fake Senate Loan Scam, Senate President Warns Nigerians

The Office of the President of the Senate, Godswill Akpabio, has issued a warning to the public regarding a fraudulent online loan application circulating on social media platforms.

The fake offer, titled “N200,000 Palliative Loan By the Senate,” features a misleading image of Senator Akpabio alongside the coat of arms and the logo of the Central Bank of Nigeria (CBN).

This deceptive scheme, posted on Facebook under the account name Templeshort, falsely claims to provide instant loan approval.

Members of the public are asked to pay no attention to the advertisement as it did not originate from the Office of the President of the Senate. Instead, it is the work of fraudsters and unscrupulous individuals seeking to exploit unsuspecting Nigerians.

The official spokesperson for the President of the Senate, Hon Eseme Eyiboh, emphasized that the Senate has no affiliation with Templeshort and is not associated with any Facebook handle operating under that name.

Furthermore, the President of the Senate is not involved in any loan program or palliative arrangement.

“Senator Godswill Akpabio is not collaborating with the CBN or any other financial institution on any loan facility as a form of palliative,” Hon Eyiboh stressed.

The public is strongly advised to exercise caution and vigilance in the face of these criminal elements who employ deceitful methods to target unsuspecting Nigerians.

The advertisement and similar ones claiming to be sponsored online by the Senate for loans or palliative measures are false. There is no such loan or palliative initiative within the office of the President of the Senate or under the name of Senator Godswill Akpabio.

Hon Eyiboh urged the public to disregard such scams and report any suspicious activities to the appropriate authorities.