As part of efforts to inculcate a saving culture and improve Nigerians knowledge on financial literacy, the Nigeria Deposit Insurance Corporation (NDIC) has taking the campaign to secondary schools in Bayelsà State

At an events to commemorate the Financial Literacy Day 2026, students from various secondary schools were taught on best ways to save, make money and protect their money.

Miss Phoebe Ugot, Manager at the Communication and Public Affairs Department of NDIC,  disclosed that the purpose of  her trip to Bayelsa was to teach the children about savings and trach them about NDIC and how they help.protrct their deposits in the bank.

“We’re trying to catch them young. We’re trying to imbibe saving culture in Nigeria. Because one thing Nigerians lack is financial literacy..So every year, we do two programmes. We do Financial Literacy Day and World Savings Day, just to imbibe saving culture in the Nigerian system.

“So as they grow old, that’s culture in game. The saving culture is already there. That’s why we started from secondary school.

“Our advice to Nigerians would be, keep your money in the bank. The bank is safe. It’s the safest place because Nigerian Deposit Insurance Scheme covers the banking system”,she said.

Also speaking, Mrs. Wokepere Adege,  Principal Manager, Communications and Public Affairs Department, NDIC, speaking with newsmen said program was designed to inform students on financial literacy and improve their knowledge so that they become better informed on savings and investing.

She said the second aspect of the program is also to give  public awareness on what NDIC does to  protect banks’ deposits in the event that the bank fails.

She said, “We teach children and people, the general public, on financial prudence.
What is money? What is savings? How do you budget? Even as adults, you don’t do it. So it’s not only the students we have taught. Financial literacy is informing people, knowing about finance, and taking better informed decisions with income.”

In their separate responses, the students including, Godspower Christopher,  from Epie National High School, Sunday Blessing from St Judes Secondary School, Amarata and Queen Lawrence, all applauded NDIC for the awareness.

Godspower,  said “I learnt a lot today, it’s an opportunity for me to be here.  And I learnt that with the NDIC, our money is safe.”