The Managing Director, Ecobank Nigeria, Charles Kie, has
lauded the Financial Literacy Day initiative saying it would go a long way to
sensitizing and educating pupils and youths across the country early in
life on financial matters.
The Financial Literacy Day is being jointly organized by the
Central Bank of Nigeria (CBN) and Junior Achievement Nigeria (JAN), in
partnership with Bankers Committee. It is celebrated annually as part of the Global
Money Week.
According to Kie, the programme is playing a vital role in
the financial inclusion strategy of the apex bank, stressing that, apart from
learning savings culture, the students would also know about money management
in general.
“This whole idea of setting aside one day in a year to tutor
students and youths on financial matters is quite welcoming. This will
enhance their financial skills and planning. Apart from a life time
impact, it would also facilitate financial inclusion of the un-banked.” He
stated.
In all, Ecobank top management staff taught students in
schools spread across the six geo-political zones of the country. During the
teaching session at Government Girls Unity College, Damaturu, Yobe
State, Cluster Head, Personal Banking, advantage segment,
Borno/Yobe, Ecobank Nigeria, Babagana Kyari advised the students on the
need to imbibe savings culture and investment.
Kyari, took the students through what financial
literacy entails; like saving your money; budgeting, how to grow money and how
to save money as a student, among others
He emphasized that “To become financially independent,
you must learn as much as you can about financial literacy and your economic
rights and responsibilities. Save as much as you can by setting savings goals
and sticking to them to earn as much as you can by working hard to maintain
good grades and developing skills in high demand by present and future
employers.”
He further commended the attention and enthusiasm displayed
by staff and students of the school during the lecture.
The Vice Principal of the school, Habu Yakubu commended
Ecobank for choosing the school and in particular, CBN and JAN for initiating
the programme.
He made a case for continuity of the initiative, saying that
the lecture has gone a long way in widening their knowledge of finance and
investment.
He further appealed to Ecobank to help address the
infrastructure challenge in the school.
The Global Money Week is a money awareness celebration that
takes place in March every year. It engages children globally in learning the
concept of savings and investment. During the period, financial institutions’
chief executives and top management visit, teach and enlighten students from
selected schools using a module of Financial Literacy curriculum
specially designed by Junior Achievement Nigeria which focuses on educating
children about their economic environment.
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