House of Reps to fight outrageous targets imposed on staff by Financial Institutions

By Ugochi Ndukwe
Following the high target that banks in Nigeria impose on their employees, especially marketers, in the industry, the House of Representative has made a move to end what it considered to be enslavement. According to a member of the House, such practices were unrealistic, unreasonable, ordinarily unattainable and irrational.
The move to curb the unwholesome practices of banks in Nigeria was made on Tuesday as the House of Rep issued a mandate to its Committee on Banking and Currency to commence investigation on the worrisome trend.
A call by TheCapital correspondent to a staff of a new generation bank confirmed the outrageous amount of target imposed on staff, ranging from $100,000 to $250,000 monthly.
“The banks resort to unethical means to ensure that the targets are met by either explicitly or impliedly, encouraging their staff, especially the female ones, to engage in illicit behaviour to attract the deposits.” This act has pushed lots of female bankers, including insurance companies’ marketers to engage in despicable acts, while the male folks look for other alternatives.
Further investigation into the issue revealed that bankers and other financial institutions  would rather employ female staff than male because they believe the female staff have what it takes to meet their target. This simply implies that they know with the pressure mounted on the female, the resort to using their bodies to achieve or meet the outrageous targets.
Mr Adekola, a Rep member viewed the trend as, “an outright breach of the dignity of the human person and of labour, which negates the concepts of decent work agenda of the International Labour Organisation (ILO), which Nigeria is a member.”
Also speaking on the trend, Leader of the House, Femi Gbajabiamila, said the situation had led to the destruction of some homes, adding that it had made some young men to become victims of richer women.
“I don’t think you will want your daughter to go out knocking on doors and soliciting for funds,” Gbajabiamila said.
The House, therefore, mandated its Banking and Currency Committee to investigate the practices and report back within one month.