NDIC Sensitises Students On Savings Culture In Kwara

In an attempt to catch them young, the Nigeria Deposit Insurance Corporation (NDIC) yesterday organised a workshop for secondary school students in Ilorin, Kwara State.

LEADERSHIP reports that the workshop was organised by the NDIC to mark 2023  Financial Literacy Day. Participants at the event were drawn from six public secondary schools in the state. The annual programme was part of the 2023 Global Financial Literacy Day organised by NDIC to sensitise school children on financial knowledge.

The zonal controller of NDIC in the state, Alhaji Hamza Kangiwa who spoke on the theme: “Plan Your Money, Plant Your Future”, said that financial literacy will instill an early understanding of the significance of building a solid financial foundation and achieving financial stability and success from a young age.

He said 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.

He sensitised the students on investment budgeting, emergency funds, saving for goal actualization, investment and donating for positive societal impact amongst others.

Hamza encouraged the students on the importance of developing financial literacy as a life skill.

In his own presentation, Mr Mohammed Isa, explained that the programme is an annual programme organised by NDIC in its various locations across the country.

“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 added.

Participants at the event were drawn from Queen Elizabeth Secondary School (host), Government Girls Day Secondary School, Oko-Erin, Ilorin Grammar School,  Baboko Community Secondary School and United Community Secondary School; all in Ilorin, the state capital.