Nigeria should construct financially literate populace to spice up economic system – Ajisafe

For Nigeria’s economic system to witness the much-needed prosperity, the nation must construct a crop of financially literate people amongst its inhabitants, Hakeem Ajisafe, chief govt officer of Transblue Nigeria Restricted, has mentioned.

In response to him, Nigeria wants companies and different non-public sector operators to put money into monetary literacy schooling.

Learn additionally: EGO Foundation empower market women on financial literacy

Talking in Lagos just lately on the commencement ceremony of the FinGreen cohort 2, a monetary literacy programme, Ajisafe mentioned investments such because the QNET’s FinGreen empowerment programme the place Nigerian youths had been empowered to be financially literate will proceed to impression the nation’s economic system positively.

He mentioned that it ensures that folks purchase the fitting monetary information that may assist them make the fitting choices.

Ajisafe mentioned the imaginative and prescient for FinGreen is past coaching 6,000, including that what the coaching seems to be out for in monetary literacy is to allow Nigerian residents to drive Nigeria’s financial progress.

“One of many issues that got here to thoughts once we began this programme was that other than coaching folks to be financially literate, we have to set examples for others to see that if we actually need to elevate folks to assist others to start out. We’re serving to them to start out, and we hope that sooner or later, they’d have made sufficient cash to assist others as effectively to proceed to develop,” he mentioned.

Laja Shoniran, a monetary literacy knowledgeable and facilitator for the FinGreen programme, mentioned the course could be very vital to each facet of 1’s life as a folks and a nation.

Learn additionally: FG eyes financial inclusion initiatives to strengthen Nigeria’s formal economy

In response to him, one of many main issues Nigeria and Africa face at the moment is born out of the poor monetary illiteracy of her leaders, including that leaders aren’t abreast with the necessity to put money into monetary schooling.

Shoniran mentioned there’s a have to proceed to let folks know the necessity for monetary schooling with out it as a result of can’t develop the economic system.

Chiso Ndukwe-Okafor, govt director for CADEF, lauded the initiative and the sponsors’ dedication to bringing about change in native areas.

Okafor mentioned the programme is necessary because it bridges the monetary literacy hole amongst Nigerians.

“That is an incredible programme that not solely educates younger people on monetary literacy but in addition emphasises the significance of wealth in all elements of life. It encourages members to be rich bodily, emotionally, financially, and spiritually, specializing in abandoning a optimistic legacy of their surroundings,” she mentioned.

On her half, Glory Adeshemowo, the perfect pupil for the second spherical of the programme and winner of the N1 million seed cash, mentioned the coaching she acquired had improved her monetary literacy and that she would use the prize cash to take a position and assist her enterprise.

Learn additionally: Kayi App unveils fintech platform in push for financial inclusion

The second cohort of the Fingreen empowerment programme witnessed the commencement of 25 Nigerian youths. The highest three college students acquired over N2 million in awards from QNET, in collaboration with Transblue Restricted, Monetary Literacy for All, and Shopper Advocacy and Empowerment Basis (CADEF).

The winner acquired N1 million, the second particular person acquired N750,000, and the third-place particular person was awarded N500,000.

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