Heirs Insurance Gives N5m Prize In Retirement Dream Competition

Heirs Insurance Group has granted a total prize of N5 million in its Retirement Dream Competition.
The inaugural Competition is a nationwide initiative launched to empower retired and soon-to-retire Nigerians to realise their long-held aspirations.

The competition, introduced in August 2025, invited senior citizens aged 50 to 75 to submit a one-minute video describing their retirement dream and how the grant would help make it a reality.
After a thorough review process, Kayode Kolade, a 51-year-old former public servant from Rivers State, emerged as the overall winner, receiving a N2.5 million cash grant, Rakiya Idris, a 64-year-old retiree from the Federal Capital Territory (FCT), came in second, winning N1.5 million, while Sodeke Olusola, aged 60, from Lagos State, finished as the third-place winner, receiving N1 million.

The inaugural edition received hundreds of entries, with high participation extending beyond major cities into rural communities across the country, reflecting the deep relevance of retirement planning to Nigerians everywhere

“We remain committed to providing simple insurance to help every Nigerian secure a future where they can thrive, enjoy peace of mind, and reap the rewards of their years of hard work,” the company said.

The Retirement Dream Competition is an initiative under the newly launched Heirs Insurance Retirees Club, a community platform designed to connect retirees across Nigeria, offering access to expert advice on financial planning, health, well-being, and post-retirement lifestyle support.

Through this initiative, Heirs Life Assurance reinforces its commitment to financial inclusion, lifelong security, and improving the quality of life for Nigerians.

Heirs Insurance Group is the insurance arm of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.