As part of efforts toward giving children strong background and encourage in-depth understanding of figures, crucial to economic projection, the Fidelity Bank has educated at least, 3,500 students across 31 schools in Nigeria on financial literacy, as part of its activities to mark 2018 Global Money week and Financial Literacy Day.
The Managing Director, Fidelity Bank, Nnamdi Okonkwo, said that the need to take the children on the sigmificant part of human life was important and Financial Literacy Day was set aside by the CBN to focus on increasing the level of awareness of the youth on the importance of earning, managing and saving money in order to have a secure future.
Specifically, the supports initiative that is targeted at getting more young people to participate in the formal banking system in order to create financially inclusion.
Represented by the bank’s Divisional Head, Brand and Communication, Charles Aigbe, was at Government Day Secondary School, Lokoja, Kogi State, stated financial literacy among Nigerians, especially the youth, would foster economic growth and development, just as he indicated that financial literacy would help young people gain financial freedom through prudent management of money and clear differentiation of needs and wants.
He explained the initiative was aimed at globally engaging children on aspects of financial education including saving, creating livelihoods, gaining employment and entrepreneurship, adding that it would help develop responsible bankers and bank customers in the future.
The bank boss hinted that the programme would make young people make the right financial decision early in life and manage resources responsibly.