The management of Cool World Electric Retail Store has rewarded three
of its customers with educational grants worth N3.6m in educational
The customers got the grants in the Back2School promo of the PZ
Cussons Nigeria Plc's subsidiary.
In August three customers had received grants amounting to N1.8m and
a statement by the firm on Thursday said three more customers,
Njemanze Chinyere, Saleh Fati and Osayi Obayuwani, have won an
additional N1.8m bringing the total grants to N3.6m.
Following a raffle draw at the company's head office in Lagos,
Chinyere won the top prize of N1m, while Fati and Obayuwani won N500,
000 and N300, 000 respectively.
Cool World said promo was meant to reward customers, who purchased up
to N50,000 worth of Haier Thermocool home and office appliances.
A Retail Sales Manager at Cool World, Florence Ehirim, said beyond
rewarding customers, the promo was meant to promote education and easy
the huge financial burden that parents bear in educating their
"The Back2School promotion was timed to coincide with the beginning of
new academic session and it was designed to give back to our
customers," she said, stressing that it was not a one-off initiative.
She explained that the joy of the winners when they were informed of
their win gave the company a sense of fulfillment.
To ensure that the grant was used for the right purpose, she said
after being informed of their win, the winners were directed to UBA
Trustees, which would administer the grant.
The Head, Private Trust, UBA Trustees, Motunrayo Ade-Famoti, said,
"Because it is an educational fund, it cannot be monetised. We have to
ensure that it is used for educational purpose. We will pay to the
institution for the course of your choice. However, if a winner is
reluctant to take a course or is done with education, the scholarship
can be transferred to a family member or friend still for an
A Senior Executive Officer, Legal, Lagos State Lotteries Board, Ms.
Mayowa Okuyiga, who witnessed the raffle draw said she was satisfied
with the promo. She, however, said the Board would follow up to ensure
that the winners were duly identified and that the grant was used for
the right purpose.