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Stop using women to mobilise deposits, Oba Akiolu tells banks

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By Babajide Komolafe

lagos—Oba of Lagos, Oba Rilwan Akiolu yesterday called on banks in the country to stop the practice of using women for deposit mobilisation.

He made this call at the World Conference of Banking Institute hosted in Lagos yesterday by the Chartered Institute of Bankers of Nigeria, CIBN.

From Left;Mr Wale Adeoye Represent Governor Kayode Fayemi Of Ekiti State,Femi Falana SAN;Chairman Of the Occassion,Mr Kolawole Olaniyan The Author Of the Book;His Royal Majesty,Oba Rilwanu Akiolu,The Oba Of Lagos And Mrs Helen Olaniyan Wife Of the Author.At the Public Presentation Of Book Corruption And Human Rights Law in Africa held at Sheraton Hotel Ikeja Lagos.PHOTO;AKEEM SALAU.

Oba Rilwan said: “Your methods and approach in sending single girls, married women to go and look for deposits are very very humiliating”.

The Oba also called on the gathering of banking experts to brainstorm on how to tackle the rising trend of graduate unemployment in the country, adding that banks should provide financial support to graduates for entrepreneurship purposes.

He said: “The bankers, the chief executive of the banks, should put heads together to see what can be done about all the graduates we are turning out now. I am just writing a paper to the federal government to suggest that last six months of the  National Youth Service Corp (NYSC)  scheme of one year, should be used to train graduates on ‘do it yourself’ projects, and this can be extended to include  the last three months in the university.”

”The government and top bankers should put heads together and see how they can lend these people (graduates), N1 million which they will pay back after one year that they would have done something on their own. The rate at which we are turning out graduates in this country needs to be addressed.”

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