Financial Expert Urges Students To Inculcate Financial Literacy and Discipline

Students at the Financial Literacy Day

Students have been urged to inculcate the culture of saving and be financial discipline early enough in life.

The Zonal Controller Nigeria Deposit Insurance Corporation NDIC Kwara State, Alhaji Hamza Kangiwa made the call at the 2023 Financial Literacy Day
organised by Nigeria Deposit Insurance Corporation (NDIC) to sensitise school children on financial knowledge with the theme: “Plan Your Money, Plant Your Future held at Queen Elizabeth School Ilorin, Kwara State

Some selected Secondary Schools in Ilorin which includes Queen Elizabeth Secondary School, Ilorin Grammar School, Baptist Secondary School and Baboko Community Secondary and Government Day Secondary School Oko-Erin which participated in Quiz Competition on Nigeria Deposit Insurance Corporation NDIC also went home with handsome rewards

Alhaji Hamza Kangiwa noted that financial literacy would instill an early understanding of the significance of building a solid financial foundation and achieving financial stability and success from a young age.

Alhaji Kangiwa who encouraged the students on the importance of developing financial literacy as a life skill, sensitized them to investment budgeting, emergency funds, saving for goal actualization, investment and donating for positive societal impact amongst others

He noted that Financial literacy is vital for the achievement of financial stability, and essential to ensure that everyone has the necessary tools to manage their finances effectively and achieve their financial goals.

Speaking further, Staff of NDIC Mr Mohammed Isa, explained that the programme is an annual programme organize by NDIC in it’s various locations across the zone.

“We target schools, by catching them young, we encouraged them to inculcate the culture of saving.

“The essence of the programme is to let them know how to save money and have that financial discipline.

“Financial literacy is all about enlightening the people about their finances and how they can make use of it for their own betterment,” he said.

He said the Agency has 10 zonal offices, with the Head Office in Abuja and Lagos.

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