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Winner Lauds Bank’s Customer Reward Initiative

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Diamond Bank Plc has been applauded for developing a reward scheme aimed at showing appreciation to its numerous customers for their unalloyed loyalty to the brand.

Miss Habiba Mona Salisu, winner of the cash prize of N50 million in the second half year Diamond Savings-xtra Draw, stated this while responding to the news of her emergence as the winner of the highest ever prize money won on a single draw in the country.

“Words alone cannot express my profound gratitude to God and Diamond Bank for this fabulous customer reward scheme.

It is something I never expected and the mind boggling amount involved is something I had never dreamt of less owning it,” she said.

According to her, that was the first time she has ever won any draw related competition, attributing her emergence to the “unforeseen hand of God.” “I will not say I am lucky. I will not say I worked hard for it. I will not also say that I deserve it. It is simply the handiwork of God and I am delighted with it,” She said.

Miss Habiba a 23 year old 100 level under graduate of the University of Maiduguri, Bornu State and a customer of Diamond Bank Maiduguri, Shehu Laminu way branch, becomes the second person to win the biggest reward even of N50 million in the Diamond Savings-xtra draw.

According to her, she opened the account with Diamond Bank in April 2009 and expressed her excitement over the Bank’s gesture of giving back to the society through the savings-xtra draw scheme.

“Truly, from this development, I now appreciate in clearer terms the virtues of savings culture the bank is trying to imbibe on Nigerians. If I did not open a savings account, definitely, I would not have been in the race for this N50 million. As it is unbelievable, it is equally unprecedented. But I can tell you from my little conversation with the bank, it is genuine.”

Miss Habiba further stated that many people have been calling and visiting her since the news, broke to know if it is true and her plans for the future adding that even her father, retired civil servant who resides in Kogi state was dumbfounded when she broke the good news to him.

Meanwhile, also in the draw, twenty-six others emerged winners of various prizes, including Mr. Ezealisiji Christian, a customer to Dei-Dei Abuja, Building Materials Market, who won a brand new Toyota Camry car 2009 model. Amazing, all the winners qualified by keeping a minimum balance of N10,000 or more in their savingsxtra account.

One of the world renowned anditors KPMG, who supervised the draw process to ensure that every customer that qualifies entered the draw, affirmed that the draws so far have been well organised, transparent and in line with the laid down criteria governing the exercise. According to Mr. John Anyanwu, a 17 Advisory officer of KPMG to the draw, “over 6 million customers who were eligible to partake in this draw were all part of it and we can assure everybody that all valid e-tickets had an equal chance of emerging as a winner.”

It could be recalled that in January 2009, Mr. James Umaru Mbugadu, a civil servant and Lafia Doma Road Customer of the bank became the first Nigerianto win N50 million at once in a customer reward scheme. Since the presentation of the cheque to him in a well attended ceremony by top government dignitaries, traditional rulers and other stakeholders in Lafia, Nassarawa State, the bank’s savingsxtra account has been swelling up, resulting to greater customer confidence in the brand.

The savingsxtra scheme is Diamond Bank’s strategy of rewarding customers who operate a Diamond savingsxtra Account. Since the inception of the draw in July, 2008, N140 million has been given away to customers from the promised N200 million earmarked for the exercise during the one year.

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Boat Mishap Kills Pastor, Wife And Church Members  In Brass Water

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A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and  members of his church were in a programme.
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?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet  to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report,  our Correspondent gathered  that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s  on the sad accident
By: CHINEDU WOSU
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Rivers Workers Seek Scrapping Of Contributory Pension Scheme

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The Rivers State Council of  Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt,  recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that  the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also  informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
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FG Begins South-West Tour To Promote New Cooperative Bank

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The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
 Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted  the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
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