At ELRA, we recognize that equipment leasing is a vital driver of asset-based financing, empowering businesses to access essential equipment without the burden of heavy upfront costs. This model supports growth across sectors, especially for SMEs. However, the involvement of high-value assets and complex lease agreements makes the sector vulnerable to legal and financial disputes.

In a recent engagement, our Head of Legal Services, Barrister Sufyan Ibrahim Ahmad spoke on the challenges where he highlighted ELRA’s role in fostering transparency, enforcing regulatory compliance, and protecting the interests of all stakeholders. At ELRA, we remain committed to strengthening trust, accountability, and sustainability in Nigeria’s leasing industry.