Adeyinka Abiodun, a resident of Abaranje Road, Ikotun, was rescued by operatives of the Lagos Police Command on Friday afternoon while attempting to jump into the water.
According to spokesman, Bala Elkana, Abiodun, who was lured out of the mission, was taken to Bariga Police Station for questioning where he disclosed that a loan he got from a microfinance bank to upgrade his business failed.
According to police investigation, Abiodun said he got a loan of N390, 000 with a monthly repayment plan for six months and interest of N142,287.25 from the bank in March to upgrade his wine retail business, which failed.
It was gathered Governor Babajide Sanwo-Olu who learnt about the incident repaid the loan and also directed the man be subjected to treatment.
