Sanwo-Olu’s Wife Advocates Financial Literacy For Sustainable Economic Growth

The wife of Lagos State Governor, Dr. (Mrs.) Claudiana Ibijoke Sanwo-Olu has stressed the critical role of financial education in fostering self-reliance and sustainable economic growth.

Speaking at the 2025 Financial Literacy Sensitization Programme held at the First Lady’s Banquet Hall, Lagos House, Ikeja, Dr Sanwo-Olu reiterated her commitment to equipping beneficiaries of her office’s empowerment initiatives with the necessary knowledge, exposure, and resources to ensure long-term financial stability and economic independence.

She highlighted that beyond providing empowerment tools, it is essential to equip individuals with the financial skills needed to maximise these resources effectively.

According to her, financial literacy is a crucial life skill that helps individuals avoid debt traps, plan for the future, and achieve economic stability.

“Since May 2019, the Office of the First Lady has remained committed to improving Lagos residents’ living standards, particularly those facing economic hardships.

“We understand that true empowerment goes beyond creating opportunities. It requires guiding, sustaining, and growing those opportunities for long-term financial security,” she stated.

She noted that the Financial Literacy Sensitization Programme, introduced as a pilot initiative by her office, has significantly enhanced participants’ financial knowledge, enabling them to make informed decisions about their finances and businesses.

The Lagos First Lady reaffirmed her office’s commitment to complementing the Lagos State Government’s efforts to bridge the financial inclusion gap by providing access to empowerment tools and the necessary financial education to ensure their effective utilisation.

She urged attendees to apply the insights gained from the sessions and engage actively with experts to build financial independence.

The programme featured insightful sessions facilitated by financial institutions such as First City Monument Bank (FCMB) and Providus Bank, alongside government agencies such as the Ministry of Commerce, Trade, and Investment and the Lagos State Employment Trust Fund (LSETF).