Man attempts suicide over ‘LAPO’ loan in Abeokuta

Man attempts suicide over 'LAPO' loan in Abeokuta

A man has been arrested by the anti-vandal operatives of Nigeria Security And Civil Defence Corps (NSCDC) in Abeokuta, the Ogun State capital for attempting to commit suicide over unpaid loan.

The 34-year-old man who identified himself as Abiodun Onipede, was arrested by the NSCDC squad during a patrol in a forest on Ayetoro road on the outskirt of Abeokuta.

He had already tied a rope around his neck and about to hang himself on a tree, when he was sighted by the patrol team.

Onipede who claims to be a former officer of Ogun State Traffic Compliance and Enforcement Corps (TRACE), told newsmen after he was rescued, that he took the decision to hang himself, following his inability to refund the loan he took from LAPO, a microfinance loan syndicate.

The man said that he dropped out of Federal College of Education at 200 level, and had to abandon his job at TRACE for a year, to relocate to Akwa Ibom state, due to financial problems, which made it difficult to pay the hospital bills of sick child who eventually died in 2009.

Onipede explained that on arrival back in Abeokuta from Akwa Ibom state, he discovered he had been sacked by TRACE , and he had to obtain loan from a money lending scheme to start a commercial tricycle business.

According to him, the pressure on him and his family by the money lending scheme operators over his failure to service the loan regularly, forced him to consider taking his own life.

Spokesman of the Ogun State command of NSCDC, Ogbonnaya Dike, said the man will be handed over to the police after the completion of investigation by the agency’s intelligence unit.

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