• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Google responsible for online lenders’ conducts – FCCPC

Google

The Matters Press by The Matters Press
April 1, 2022
Reading Time: 2 mins read
0
FCCPC, Shippers’ Council sign agreement for fair competition

The Federal Competition and Consumer Protection Commission (FCCPC) says it is holding Google Play Store responsible for the inability to trace the owners of some online lenders over violation of consumer rights.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

FCCPC Executive Vice Chairman and Chief Executive Officer, Mr Babtunde Irukera, said this at a collaborative engagement with journalists on Thursday in Lagos, while speaking on the “State of the Market” and what lies ahead.

He considered the development as a potential threat to key national interest.

According to him, once Google uses its play store as a platform for that kind of app to operate, there is a problem.

Irukera said: “No company, no matter what benefit they bring should have that prerogative or opportunity of being that anonymous.

“And that is the problem we are dealing with. So, we must hold the big ones who are making a tonne of money from our citizens responsible.

“If we can hold them responsible and they become liable for that kind of conduct, then we can cascade down and we can talk to Instragram that if anyone is going to sell stuff on your platform, there must be certain information that must be available.

“You cannot provide those platform, make your money and look the other way while people who come on that platform exploit people and people are stucked.

“There has to be a level ground for everyone. In the absence of that, even your business itself is an exploitation. If you are not the exploiter, you are at least ceding the platform to exploiters to exploit people.”

According to him, it is easier to hold Google responsible for those individuals behind the online money lenders.

He said the commission might need to work with law enforcement in the United States, to get them come up with the information needed to get those behind the digital lenders.

Irukera said, “We have our counterparts there and we will use our counterparts to say to Google that you are not welcome in this country if we cannot find you; that a regulator cannot engage you when your platform is used to exploit people.

“No! You are not welcomed. You are absolutely unwelcomed if your platform can be used to exploit the people and the regulator could not prevent that exploitation.

“Therefore, you are absolutely unwelcomed. And I have absolutely no apologies for saying that about Google.”

Irukera said that in trying to pull out apps from Google Store, the regulators could not even get in contact with Google.

“I find that extremely reprehensible and shameful of a company the size and magnitude with Google, that you are hardly where you can be found.

“It is the height of reckless irresponsibility. That a company with a brand and a name like Google and so I intend to hold Google accountable,” he added.

The Commission on March 11 raided some online lenders in Lagos.

The lending companies offer short-term loans to help subscribers meet urgent needs, but resort to unprofessional measures of harassment, cyberbullying, and breach of data privacy of their customers who may have defaulted in loan repayment.

The companies – GoCash, Okash, EasyCredit, Kashkash, Speedy Choice and Easy Moni.

Tags: Google
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
China’s agricultural wholesale products prices continue to drop

Nigeria, China partner on Juncao technology in agriculture

$27.3bn lost to salinity-induced soil degradation annually–SSSN

More fertiliser plants curb activities of middlemen - FEPSAN

Recommended Stories

Air Peace’s deal on Boeing 737 stays

Air Peace is as carrier on Lagos-Dubai

July 7, 2019
Joseph Wayas, second republic senate president, is dead.

Joseph Wayas, second republic senate president, is dead.

December 2, 2021
Sanwo-Olu moves to tackle gridlocks, sanitation

Sanwo-Olu moves to tackle gridlocks, sanitation

May 30, 2019

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us