Global financial institution, United Bank for Africa (UBA) Plc has rewarded 20 kids with N200,000 each as scholarship grants in its Kiddies & Teens Draw in Lagos.
They are Anderson Andikan Nathan, Salihu Yakubu Mahamud, Simeon Thankgod Ofomona, Nwaeze Annabel Chiziterem, Eva Favour Emmanuga Makuachukwu, Ifechukwudi Divine Ugbeh, Jeremiah Unekwuojo Isyaku, Iyare Francesca Owa and Okoye Gerald Munachi.
Others are Charles-Agwanyokha Salvation Ilamosi; Ngbede Godswill Ishor; Molokwu Ezidinma Kosisochukwu; Nancy Esohe Aigboduwa; Alika Anwuli Erika; Funebi j Tapre; Ebubechukwu Goodluck Ephraim; Uchegbu Benedicta Chidera; Ireoluwa David Aderinola; Njoku Chinecherem Judith and Mariam Odunayo Oyewole.
They won because their parents/guardians maintained N10,000 in their child/ward’s UBA Kiddies or Teens Accounts for six months.
The draw is an innovative initiative by UBA to inculcate a Savings culture in kids and teens and, ultimately, actualise their dreams.
The virtual draw was witnessed by the representatives of the National Lottery Regulatory Commission (NLRC) and the Consumer Protection Council (CPC).
A winner, Okoye Gerald, whose father was contacted over the phone, said: “Thank you UBA. This is very thoughtful coming from the bank. It goes a long way in showing that UBA is indeed passionate and dedicated to the growth of its customers and their children. A bank that grooms the young is indeed a wise bank.’’ Altraide advised parents who had yet to open accounts for their kids to do.
UBA’s Head, Personal Banking, Ogechi Altraide, said: “I will like to let you know that this is another first from UBA, and of course, we are very excited at this because it again goes to show that we take very seriously the mandate of ensuring financial inclusion and this time, we are catching them young and ensuring that as they grow they become discipline and can fuel their dreams to a happy end, which exactly what we are passionate about as a bank.
“We know that the kids today are the future of tomorrow, and we are trying to groom them to imbibe the habit of savings, so that they can achieve their dreams as well as secure their future while putting away something for the future.”
Also, Head of Marketing, Diana Ubah, added: “Our bank has continued to show and prove that, we are passionate about the overall growth and success of every customer and that is why we go ahead of others to innovate and come out with initiatives that are unique and can transform the lives of our customers for good.
“In a tap-and-go society where money is rarely physically exchanged and quicker to spend, it is important to educate young people about the value of money. By including your kids so that they see how you spend money, it will help develop a basic understanding of transactions in the real world, as they grow up in an increasingly digital economy.’’
The UBA Kiddies is an account designed for children between zero and 12 years while UBA Teens Accounts is between 13 and 17.
Beneficiaries earn 13 months reward of 10 per cent of the monthly savings plan for over 12 months, having maintained a minimum of N5,000. They also have a chance to partake in a scholarship scheme through a raffle draw, having maintained a saving a minimum of N10,000 for six months. The account has a yearly interest of 1.15 per cent paid monthly.
Credit: thenationonlineng.net
