Gbajabiamila tackles banks over hidden charges, exploitative marketing


Hon Gbajabiamila who raised the alarm in Abuja during an interactive session with the Board and Management of the Standard Chartered Bank, led by the Chief Executive Officer, Mr Lamin Manjang, called for redress.

The Speaker further alleged that apart from charges known to the customers, there appeared to be other ‘hidden’ charges that the banks imposed on their customers.

He stated that the House was concerned that such a practice was making customers helpless, calling on Nigerian banks to come up with ways to address high charges on loans and other facilities they offered.

The Speaker said: “We have issues that come up in your industry, so this visit is a welcome development.


Source: Nigerian Tribune