By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Banks Use Female Marketers To Woo Senators And Reps-elect
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Banks Use Female Marketers To Woo Senators And Reps-elect

Farouk Mohammed
By Farouk Mohammed
Published: April 28, 2015
Share
2 Min Read
SHARE

National-Assembly-building-Abuja-360x225-300x188

Commercial banks have sent marketers, mostly females after newly-elected senators and members of the House of Representatives in Abuja to open discussions on investments and other business deals.

The energetic, sweet-talking and mostly female marketers, flooded the International Conference Centre, venue of an ongoing induction course for the new arrivals on Monday.

Investigations by The Punch showed that the target of the banks largely was to woo the lawmakers to open accounts with them.

- Advertisement -

Some of the smartly dressed marketers also offered loan opportunities they claimed their banks could guarantee with “friendly repayment terms.”

Over 290 members of the House for example, are newcomers, out of the total of 360.

In the Senate, about 69 senators are also newcomers, out of 109.

Findings showed that the marketers started tracing the lawmakers since Sunday night when Senate President, David Mark, declared the induction programme open at the Transcorps Hotel, Abuja.

- Advertisement -

“They flooded the Congress Hall of the hotel Sunday night.

“They didn’t give the lawmakers breathing space, as they offered all sorts of facilities (loans) and seeking to maintain their accounts,” a senior legislative aide confided in The Punch on Monday.

A member of the House earns around N27.9m every quarter as official allowance.

Presiding officers and other principal officers receive higher figures.

This excludes a monthly salary of N1m.

Senators collect over N30m as quarterly allowance and receive higher salaries than their House counterparts.

The Punch gathered that the practice over time was for the banks to compete among themselves to attract as many of the lawmakers as possible to maintain the lawmakers’ accounts.

“In the end, many lawmakers get loans in amounts ranging from N50m to upward of N200m.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:BanksFemaleSenators
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article APC ‘Clears’ AIT To Cover Buhari’s Activities
Next Article NNPC Audit Reveals Double Payment Of Subsidy On Petrol And Kerosene,Spent N3.65trn Without Approval

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Delta Governor: Defection to APC Aimed at Advancing State, Not Weakening PDP
Politics
Tinubu to Attend Pope Leo XIV’s Inauguration in Rome
News
VeryDarkMan
Police Re-arraign VDM Over Cyberbullying Allegations Against Nollywood Actresses, Others
News
JUST IN: House of Reps Advances Bill to Make Voting Mandatory
News Top stories
Panic in Ondo as Two-Month-Old Baby Disappears
News
- Advertisement -
Ad imageAd image

You May Also Like

Brands

Nestlé Empowers Over 300 Youths in Lagos Through MYOWBU Entrepreneurship Workshop

Yusuf Abubakar
Yusuf Abubakar
May 15, 2025
News

EFCC Removes Foreign National Elie Bitar from Wanted List Over CBEX Fraud Allegations

Muhammad A. Aliyu
Muhammad A. Aliyu
May 15, 2025
Sport

Nottingham Forest’s Taiwo Awoniyi Wakes from Induced Coma, Recovering After Emergency Surgery

Muhammad A. Aliyu
Muhammad A. Aliyu
May 15, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?