Bankers’ committee takes financial literacy drive to schools

 By Victor Uzoho

2019 Financial Literacy Day and Global Money Week, the Bankers’ Committee, an umbrella body for officials of the Central Bank of Nigeria (CBN), and managing directors of deposit money banks (DMBs)

As part of activities to mark the 2019 Financial Literacy Day and Global Money Week, the Bankers’ Committee, an umbrella body for officials of the Central Bank of Nigeria (CBN), and managing directors of deposit money banks (DMBs), recently visited 488 schools in 193 local governments nationwide.

Each financial institution in the country selected five schools across the six geo-political zones where their employees taught and engaged over 62,000 students during the campaign.

With the theme, “Learn. Save. Earn”, the financial literacy day was set aside by the CBN during the Global Money Week, focused on increasing awareness on the importance of financial literacy among youths, whilst promoting savings culture, drive financial inclusion, and attain secured economy.       
  Speaking on the initiative, Chairman, Sub-Committee, Financial Literacy and Public Enlightenment (FLPE), Mr. Emeka Emuwa, reiterated that the importance of financial education for young Nigerians cannot be overemphasized.

According to Emuwa, the initiative, which impacted about 29,000 males and 32,000 females, was aimed at ensuring that the next generation is empowered with important financial awareness and literacy needed to enhance economic prosperity, and reduce poverty. “We are proud to see the financial institutions in Nigeria take up the task of educating Nigeria’s youth on financial literacy, and increasing awareness on the importance of earning, managing and saving money in order to have a secure future.

“We are pleased with the students’ response and this will encourage us to continue developing programmes and activities that will further empower them.

“Financial inclusion is a constituent pillar of the Bankers’ Committee mandate, making initiatives like this critical to the goal of increasing the number of financially included citizens in the country,” he said.