Treash:
Did you know?

A child below 18 years lacks the capacity to enter into a contract. That is to say a transaction or agreement entered into, by someone below 18 years is void. The implication of this is that, you cannot claim the repayment of any debt from the said person if he defaults to pay.

For example, if Jamal (17 years of age) obtains a loan of #20M or buys an iPhone 8 and agrees to pay on installmental basis. You can not sue Jamal if he fails to pay you.

The exception is that you can sue where it is "goods of necessity". Goods of necessity means things that are of daily importance like clothes, food, school fees, accommodation, water and so on.

Section 18 of Child Right Act, 2003.

Barr Adeolu Ayo Aderinto.