The Oba of Lagos, Oba Rilwan Akiolu, has urged heads of banks and other financial institutions to stop sending women out as marketers to look for hefty deposits.
He said the approach should not be encouraged if the banking sector would develop the economy.
The frontline monarch spoke yesterday in Lagos while receiving an award from the Chartered Institute of Bankers of Nigeria (CIBN) at the 22nd World Conference of Banking Institutes.
Akiolu noted that for the banking sector to grow, security gadgets, technology, cameras and other facilities should be deployed to stem financial crimes.
He called for the adoption of his report, which he obtained from the Special Chief of Police conference in the United States of America (U.S.A) when he was in the police.
The monarch urged President Muhammadu Buhari to grant Lagos State a special status.
He said the unplanned attitude and wasteful spending of the past, which caused the recession, should not be adopted again.
Akiolu prayed God to give the President good health to enable him to oversee his reforms to fruition.
The Obi of Onitsha, Igwe Alfred Achebe, said keeping money locked up somewhere should never be allowed in the society where there is no stable water supply and electricity for the masses.
He called for an attitudinal change among the nation’s leaders.
The Ooni of Ife, Oba Adeyeye Ogunwusi, was also honoured.
Source: The Nation
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