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GAIM 6 Promo: 10 Fidelity Bank’s Customers Get N10m

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Fidelity Bank Plc announced on Friday that 10 of its customers had been selected as winners of N10 million.

The amount was earmarked for the first set of millionaires in its Get Alert in Millions Season Six (GAIM 6) promo.The Report says that Fidelity Bank initiated the GAIM 6 promotion on Nov.
20, 2024 to encourage a healthy savings culture amongst its customers.
Through the promo, the bank will distribute a total of N159 million in cash prizes to reward its loyal customers between November 2024 and August 2025 when the grand finale of the promo will take place.
At the first monthly draw of the promo in Lagos, Dr Ken Opara, the Promo’s Chairperson and Executive Director, Lagos and South-West, Fidelity Bank, lauded the promo.
According to him, the GAIM promo promotes a healthy savings habit and insulates people from economic shocks. Opara was represented by Mr Jude Monye, Regional Bank Head, Ikeja and Directorate Head, North Business of Fidelity Bank. He noted that savings also enabled individuals and families to navigate emergencies and invest for the future. “Today, we have witnessed the first promo monthly draw and 10 winners have emerged from the six geo-political zones of the country. “One winner emerged from the South West; two from Abuja; two from the South-South; the South-East produced two winners; Lagos got two winners; and the North Central had one winner,” he said. Opara noted that both existing and new customers could win the draw by simply topping their account with a minimum of N5,000. According to him, every N5,000 saved guarantees a ticket in the draws, and there is no limit to the number of tickets a customer can have. He added that the benefits of fostering a culture of savings extended beyond individual households. “We maintain that savings habit insulates people from economic shocks. “It also enables individuals and families to navigate emergencies and invest for the future,” he explained. He further stated that through the GAIM promo, customers will enjoy free financial advisory services from the bank to help sustain their financial well-being. Opara explained that the initiative had significantly contributed to the government’s National Financial Inclusion Strategy. Report says that the strategy aims to increase the percentage of adults with savings accounts from 39 to 70 per cent by 2025. “We are committed to helping our customers achieve their financial goals, and we believe that this promo will go a long way in promoting a savings culture amongst our customers,” Opara said. On his part, the Divisional Head, Product Development, Fidelity Bank, Mr Osita Ede, said the bank’s draw was open to customers who have Fidelity Bank’s savings accounts. Osita added that the customers must have also grown their savings to N10,000 and above from the promo launch date of Nov. 20, 2024. Also, Mr Tanko Olaseni, Head, Monitoring Inspection and Enforcement, Lagos State Lotteries and Gaming Authority, commended Fidelity Bank for being transparent with the draw. Olaseni noted that the promo initiative would further boost the image of the bank and its profitability. “This promo initiative will further boost the image of the bank and its profitability as savings culture is promoted amongst its customers,” he said. (NAN)

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NSCDC Detains 110 Suspects for Various Crimes in Edo

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The Nigeria Security and Civil Defence Corps, Edo Command, says no fewer than 110 suspects were detained for various crimes in the state in 2024.

The State Commandant of the corps, Mr Gbenga Agun, disclosed this on Friday in Benin, at an event organised to mark the new year and his one year in office.
Agun, revealed that five of the cases had been charged to court, and judgements secured in favour of the corps, while six others were still pending.
He also disclosed that the anti-fraud unit of the command, recovered N1,655,000 for various victims in the year under review.“The command also handled 25 cases of intervention by the Agro Rangers unit, preventing bloody clashes between farmers and herders.
“The corps also provided security services to farms like Okomu, Ellah Lakes farms, NCSC farms amongst others,” he said.The NSCDC boss also disclosed that 59 cases were resolved by the peace and conflict unit of the command, while the Private Guards Companies (PGC) Department, trained 96 Private Guards personnel within the period under review.“The PGC department also sealed five PGCs and arrested 15 suspects for operating without licences,” he said.The commandant further said that some equipment were procured during the period under review to fortify the operations of the corps in the state.According to him, these include brand new laptop and printer for the armoury unit, brand new standing fan for the ICT unit and the repair of operational vehicles.He added that the command facilitated an installation of transformer as well as ongoing installation of solar lights in the command headquarters among others.(NAN)

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NASS Committee Rejects Solid Minerals Ministry’s Budget Estimates

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The National Assembly joint committee on Solid Minerals, on Friday, rejected the budget estimates of the Ministry of Solid Minerals.

The committee said that the estimates presented were greatly inadequate.The Chairman of the joint committee, Sen. Ekong Sampson, stated this after the Minister, Dele Alake, presented the ministry’s 2025 budget estimate before the committee.
The call for the rejection of the budget followed a motion moved by Sen.
Diket Plang (APC-Plateau) and seconded by Sen. Natasha Akpoti-Uduaghan (PDP-Kogi).Moving the motion, Plang expressed displeasure that the ministry got just N9 billion as an envelope out of the N539.7 billion it proposed for capital expenditure in the 2025 budget.
The chairman also expressed great displeasure over the ministry’s budget because of the importance of solid mineral sector to the diversification of the Nigerian economy.“This is because of the potential in not addressing the key concerns in this sector at a time that Nigeria is in a grand need to diversify the economy.“The estimates presented before us are grossly inadequate and will not help our economy at this critical period, when we have to invest in the future, consistent with what obtains in other economies.“We’ve taken this position in the interest of this country and as a support item to the vision of government as it were that this budget clearly needs a review.“The need for this review clearly contemplates the peculiarities in the sector.“Time has gone by and you have to take a very bold step in exploration, in data gathering, in tackling major drawbacks that have put us in dire situations as a nation richly endowed but faced, as it were with the contradictions in abundance.“It is the view of the joint committee that the budget of this sector be reviewed upwards.“I think that is the spirit of the meeting, in the meantime, we will suspend further decisions on this budget unless those steps are taken.“The budget for this sector needs radical upward review. So the joint session rejects the estimate before us. We will step everything down,” he said.The co-chairman, Mr Gaza Gbefwi, representing Keffi/Karu/Kokona Federal Constituencies, also supported the move for the suspension of the budget defence.“I move that we suspend this budget screening for the Ministry of Solid Minerals for the fact that what is appropriated to them, if it is true, is beyond imagination.“Also, we are here to pass a budget not for the ministry, not for us, but for Nigerians and the progress of this country.“I, therefore, propose that we step down this screening of the budget presented to us and request that we invite the Minister of Planning and Budget to appear before this committee,” he said.Earlier, the Minister, Dele Alake, said that the ministry in 2025, proposed N539.7 billion for capital expenditure and N2 billion for overhead cost, making it a total budget of N541.7 billion for the ministry.“In contrite distinction to the avowed objective of the economic diversification of Nigeria away from oil into green energy, into harnessing the solid minerals sector, the envelope that the ministry received was a far cry from our proposal.“We proposed N539.7 billion for capital in 2025, but the envelope that came is a paltry N9 billion,” he saidOn the 2024 budget performance of the ministry, Alake said that the overhead cost was 100 per cent performance while the capital was a dismal 18 per cent performance which was based on releases.“When I did a panoramic view of the entire budget from other ministries, it is a kind of a general problem.“The budget releases were not as expected which really hampered the capital budget in 2024.“We rely on your support and effort to correct this anomaly, because if we are going to achieve all our objectives, there is no way we can achieve them,” he said.In terms of revenue generated, Alake said that the ministry generated N37.8 billion in 2024 as above the N11 billion projected.

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Court Dismisses Case Against PDP Congresses in Katsina State

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A High Court sitting in Katsina, on Friday, struck out a case filed by 7,095 People’s Democratic Party (PDP) aspirants challenging the conduct of the party congresses in the state.

Daily Asset recalls that Dr Mustapha Inuwa led-faction had filed a suit before the court challenging the conduct of the exercise for allegedly denying some members level playing ground during the congresses.
The Plaintiff’s counsel, Mr Mustapha Shitu-Mahuta, had earlier told the court that it was unfair for the party to allegedly conduct congresses and exclude some members from participating.
According to him, the congresses at ward, local government and state levels, were conducted against the democratic tenets and the party constitution.
He, therefore, urged the court to declare the congresses null and void, and order for a fresh and genuine congresses that would provide a level playing ground to all members, as enshrined in the party’s constitution.However, the defence counsel, Mr Isaac Nwachukwu, told the court that congresses were internal affairs of the party.He said that the court has no jurisdiction to entertain the case, therefore, urged the court to strike out the case for lack of jurisdiction.Delivering his ruling on the issue on Friday, Justice Abbas Bawale, maintained that the court has no jurisdiction to entertain the matter, “as it relates to internal affairs of the party.”He said the court only has jurisdiction to entertain matters arising from primary elections, not congresses, where leaders would be elected to run the affairs of the party.Bawale explained that that was also the position of the Appeal Court and the Supreme Court, therefore, “I have no option than to strike out the case for lack of jurisdiction.”He, however, said the plaintiffs have right to appeal within 90 days.Reacting to the ruling, the plaintiff’s counsel, Mustapha Shitu-Mahuta, said that they would file an appeal to the Court of Appeal. (NAN)

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