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Lawmakers urge restructuring of Nigeria's COVID-19 loans to prevent business collapse.
The House of Representatives called for a restructuring of Nigeria's COVID-19 loans to prevent small business collapse.
Lawmakers urged the Central Bank of Nigeria and NIRSAL to extend repayment periods, reduce interest rates, and suspend forced deductions following public outcry over automatic withdrawals.
They also recommended waiving loans for low-income earners, as beneficiaries were reportedly unaware of repayment obligations.
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Los legisladores instan a la reestructuración de los préstamos de COVID-19 de Nigeria para evitar el colapso del negocio.