Standard chartered harps on financial education for youths

Standard chartered bank Nigeria said giving the fundamental information about finance and banking empowers the youths with the right tools towards becoming financially sound and independent individuals in the future.

Besides, the bank said for the third year running, it has partnered with the Central Bank of Nigeria (CBN) to drive the national Financial Literacy Agenda through workshops.

Speaking at the workshop in Uyo, Akwa-Ibom State,  the Managing Director and Chief Executive Officer of the bank, Mrs. Bola Adesola, who was represented by the Head, Client Relationships, Port Harcourt, Mrs. Ebiti Sam-Yudo, said that financial literacy empowers the youths as well as create a path of economic survival.

“This is an excellent initiative of the CBN as it equips children across the country with information around how to be financially responsible through training materials that touch on various topics including Savings, Budgeting, Earning and Investing money.

“Standard Chartered Bank Nigeria is proud to support the CBN in this initiative. This is one of the many ways we reiterate that we are indeed Here for good – we look forward to continuously making a difference in the country,” she said.

The Principal of Rayfield Secondary School, Uyo, Unyimi Umoren, thanked the bank for facilitating the workshop at the school, adding that it was encouraging to see corporate institutions still interested in the development of the youths through education.

Initiated and driven by the Bankers’ Sub-committee on Financial Literacy and Public Enlightenment in collaboration with the CBN, the Financial Literacy programme was created to serve as a platform for financial institutions.to educate adolescents in secondary schools on the basics of banking, value of money, investment options, savings, insurance etc.
The Financial Literacy day forms part of the committee’s now yearly Global Money Week Awareness Programme.