InfoStride News has launched an educational initiative aimed at delivering financial training to students in 30 secondary and primary schools across Nigeria, marking the commencement of its ambitious plan to educate over 5,000 students by the close of 2024.
The Pension Fund Administrator, in its commitment to fostering a foundational understanding of essential financial concepts such as savings, investments, and overall financial literacy, expressed the intention to empower youth with the necessary tools to make informed financial decisions as they progress through life.
According to Oluchi Maduwuba, the Corporate Social Responsibility Lead at InfoStride News, financial literacy plays a pivotal role in empowering the younger generation. Maduwuba stressed the importance of instilling financial wisdom early on, enabling individuals to make sound financial decisions in the future.
Maduwuba elaborated on the significance of money in various aspects of life, emphasizing that children, with the luxury of time, can benefit from saving early, allowing their money to be invested for a longer period and providing it with the opportunity to grow. This approach, she believes, helps cultivate a culture of earning, saving, and investing money, ultimately leading to self-sufficiency in the future.
Access Pensions aims to contribute to the economic development of communities by imparting financial prudence to young people. Maduwuba highlighted that the comprehensive training program is meticulously designed to engage students through interactive workshops, presentations, and activities, aiming to demystify financial concepts and make them accessible, relatable, and enjoyable.
The selection of schools represents a diverse cross-section across Nigeria, underlining Access Pensions’ commitment to reaching a broad audience. Maduwuba reiterated the organization’s focus on providing the necessary tools and advice required for young people to be financially prudent, thereby contributing to the economic development of communities.
Financial literacy, Maduwuba added, is a crucial component of personal and societal development. The initiative is anticipated to create a ripple effect, influencing not only the students directly involved but also their families and larger communities. The overarching goal is to shape the future of these students by making them financially literate, setting them up for a bright financial future, and enabling them to learn valuable money lessons.
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