In line with its commitment to promoting financial literacy, Cordros Capital has presented cheques and award plaques to the top three winners of the 2024 Lagos Chamber of Commerce and Industry (LCCI) Secondary School Essay Competition.
The event, held at its Ikoyi office, focused on the theme: “The Socio-Economic Impact of Mass Emigration (JAPA) on the Nigerian Economy.”
The winners—Ojoogun Elizabeth Oreoluwa from Itolo Girls Senior Secondary School, Iganmu (1st place), David Iringe-Okoko from Meadow Hall School, Lekki (2nd place), and Fawaz Lawal from Honeyland College, Magodo (3rd place) — all received a cheque of N250,000, which will be converted to investment for them.
Speaking at the prize-giving ceremony, Senior Manager of Business Development at LCCI, Ekundayo Adedoyin, stated that this year’s edition marked the 8th edition of the competition, which was established to commemorate the LCCI International Trade Fair.
She noted that the competition has evolved over the years, with more than 300 entries in the most recent edition, now incorporating debates alongside essays.
Adedoyin also discussed the significance of the Japa syndrome, urging the government to address the issue to prevent the loss of Nigeria’s best talents to foreign countries. “The competition’s theme this year was designed to educate young people on the socio-economic effects of mass emigration and encourage them to prioritize the nation’s interests,” she added. Over 20 top schools from Lagos participated in the contest.
Head of Retail Sales at Cordros Asset Management, Adenike Ogunyale, expressed the company’s enthusiasm about supporting the competition for the second time. “At Cordros, we are deeply committed to financial literacy, and when LCCI approached us, we were delighted to collaborate once again on this important initiative.”
Addressing the winners, Ogunyale emphasized that, by winning the competition, they would be making their first investment with Cordros Asset Management and on the path to financial freedom.
The event was attended by the top three winners, their parents, teachers, and management of Cordros Asset Management.
