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.

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.

“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.

“They will be here for four years and it is understandable that the banks see this as a window for quick returns,” one National Assembly official told The PUNCH.

However, investigations indicated that there were several cases of lawmakers who failed to repay the loans before the expiration of their tenure, leading to disputes between the two sides.

In 2011, a particular new generation bank withheld the severance packages of many members and also seized their assets, owing to failure to meet up with their loan obligations.

One marketer, who gave her name simply as Elina, told The PUNCH that there was nothing wrong with seeking for “investment opportunities.”

She argued that being new in Abuja, most of the members needed information on sources of funding to assist them in settling down for the business of legislation.


“We know how it is; there will be accommodation challenges.

“Some need funding for transportation even before they get their official votes for vehicles and other support services.

“So, the banks are there to provide these support services by way of funding,” she added.

The National Assembly and its bureaucracy, including the National Assembly Service Commission, has a total budget of N120bn this year.

The figure was a drop from the N150bn it had enjoyed since 2007.


http://www.punchng.com/news/banks-use-female-marketers-to-woo-senators-reps-elect/

tori

Dey are just prostitutes in a suit

SMH,our ladies have been turned to marketing materials and it may not even end there.and these are wives of some ppl

CountDracula:
Dey are just prostitutes in a suit

Being a marketer is not a crime. Most of them chose the job not by choice. It will be unfair to tag all marketers as prostitutes. In as much as there are a couple of them that sell their bodies to win accounts, it doesn't imply all of them do.

lolaxavier:


Being a marketer is not a crime. Most of them chose the job not by choice. It will be unfair to tag all marketers as prostitutes. In as much as there are a couple of them that sell their bodies to win accounts, it doesn't imply all of them do.

Being a prostitute isn't a crime too nah! Wen d wicked suffer, d innocents are caught in d cross fires also... Marketin is a whores job

CountDracula:

Being a prostitute isn't a crime too nah! Wen d wicked suffer, d innocents are caught in d cross fires also... Marketin is a whores job

Your opinion though!

CountDracula:

Being a prostitute isn't a crime too nah! Wen d wicked suffer, d innocents are caught in d cross fires also... Marketin is a whores job

Your opinion though...

lolaxavier:


Your opinion though...

U hav a counter opinion?

Too bad

And the female marketers are still there to market themselves. It's a win win situation for both the banks and the female marketers.

CountDracula:

U hav a counter opinion?

I have already expressed my views earlier. Which counter opinion you still dey find again?

lolaxavier:


I have already expressed my views earlier. Which counter opinion you still dey find again?

Bros no vex abeg... I thought u had smthng else to say

It what most organisation's do. Even attimes some worldly churches. They assign beautiful female marketers to follow up on prospecting client. Men naturally fall for beautiful ladies. Though it might be just to get them off thier neck. Ladies can be crazy with follow up, if na Guy, d way man go take rake for am ehen

Na today That has been their norm since IMO river

It's nothing new, it has become the modus operandi of the banks especially with regards to ladies.

Chaiiii.......SMH

Its good marketing strategy because the opposite sex attracts

Banks knws dat Al dose pot belly nigeria senators lyk toto

No wonder u see dem later in life getting broke #not all though# the allowance ehn? Well its them i'm gonna be rich too.

CountDracula:
Dey are just prostitutes in a suit

lolaxavier:

Your opinion though...

Its enough, Ladies

ECOTERRORS:
Its good marketing strategy because the opposite sex attracts

sharp banks

Corporate Olosho things .. I laff

Before election -

I want to serve my people. You are our masters, let your vote count (politician begging us initially)

After election-
Servant receiving almost #150 million per annum while master is receiving #18,000 per month.

I laff again ..

lolaxavier:
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.

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.

“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.

“They will be here for four years and it is understandable that the banks see this as a window for quick returns,” one National Assembly official told The PUNCH.

However, investigations indicated that there were several cases of lawmakers who failed to repay the loans before the expiration of their tenure, leading to disputes between the two sides.

In 2011, a particular new generation bank withheld the severance packages of many members and also seized their assets, owing to failure to meet up with their loan obligations.

One marketer, who gave her name simply as Elina, told The PUNCH that there was nothing wrong with seeking for “investment opportunities.”

She argued that being new in Abuja, most of the members needed information on sources of funding to assist them in settling down for the business of legislation.


“We know how it is; there will be accommodation challenges.

“Some need funding for transportation even before they get their official votes for vehicles and other support services.

“So, the banks are there to provide these support services by way of funding,” she added.

The National Assembly and its bureaucracy, including the National Assembly Service Commission, has a total budget of N120bn this year.

The figure was a drop from the N150bn it had enjoyed since 2007.


http://www.punchng.com/news/banks-use-female-marketers-to-woo-senators-reps-elect/

before nko.. the females bankers wont mind giving in kind for a N50m deposits. I thought this practice was eradicated from the banking systems. Its rather unfair for some ladies to be used this way by unscrupulous banks.
This is called CORPORATE SLAVERY worst than the 16th slavery....

Why is this newsworthy? So who should they have sent? Only males? And what about the female lawmakers? Who's going to "woo" them into investing?... Mtcheeew. Punch and yeye news.

Ashawo in cooperate form

CountDracula:
Dey are just prostitutes in a suit

This is too harsh.
Answer this one.
Money has different names !!! In church its called
(offering), in school its (fee), in marriage it's
called (dowry), in divorce (alimony), when u owe
someone its (debt ), when u pay the government
(tax), in court (fines), civil servant retirees
(pension) boss to workers (salary), master to
subordinates (wages), when u borrow from bank
(loan), when u offer after a service (tip), to
kidnappers (ransom), illegally received in d name
of service (bribe).
The question is "when a Guy gives it to his girl
friend, what do we call it??
Answer __________?

Useless senators, useless politicians. They make more than their counterparts in countries that are actually functional.
The order of CHANGE should be a 90% pay cut for these losers then we'll see how much they love public service

johnshagb:



Its enough, Ladies