Declaring open a public hearing on a bill to prohibit corporate prostitution and exploitation of women in corporate organisations sponsored by Hon Femi Gbajabiamila, Bankole said that the act was condemnable, as it induces negative moral implications.
Represented by the House Leader, Hon Tunde Akogun, the Speaker pointed fingers at banks and insurance companies as the major culprits of this ignoble acts.
“As stakeholders in the Nigeria project, we all have a role to play in charting the course of an enduring agenda of ethical and moral re-armament, where the dignity of the human person is held sacrosanct.
“Our values and cherished norms as a people, and the philosophy that underpins them, can quite easily be eroded unless there is a strong, indeed sacred, moral and ethical foundation, not just in the defining principles of our legislations, but in the society as a whole,” he stated
As a result, Bankole assured stakeholders at the hearing that the House will do everything humanly possible to ensure the passage of the Bill, noting that the attitude of putting survival and competitive advantage of the organisation far and above their social responsibility of ensuring the wellbeing and professional fulfilment of their employees will not be tolerated.
“These practices are not just anti-labour but also dehumanising,” he said.
However, Standard Chartered Bank in its presentation kicked against two major provisions of the Bill describing them as draconian. Managing Director of the bank, Christopher Knight in his presentation, noted that the proposed Section 2 of the Bill which seeks to limit monetary targets for employees in banks and insurance companies and other related industries to a maximum of N25 million in a year was considered inadequate.
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