CBN to target rural secondary schools as part of financial literacy campaign

Mar 17, 2014

The Central Bank of Nigeria (CBN) will reach young people in rural secondary schools as part of its nationwide financial literacy campaign.

The Central Bank of Nigeria (CBN) will reach young people in rural secondary schools as part of its nationwide financial literacy campaign.

"We are hoping that we will be able to spread, to go to rural areas and then get all children to be able to embrace this financial concept," CBN's acting Governor Sarah Alade said on Thursday, quoted by The News Agency of Nigeria (NAN).

She added that the programme would expose children to saving and investing culture, finance management, inflation, when to plan for
a
pension and the role of regulators in
the
financial sector.

Omoklefe Adegulu, Director of programmes and operations at NGO Junior Achievement Nigeria, commended the CBN for this initiative. She said that the programme would help to shape the minds of the students and also create
awareness
of how best to deal with financial issues.

The Central Bank aims, as part of its National Financial Inclusion Strategy, to decrease the number of Nigerians that have no access to financial services from more than 45 percent to 20 percent by 2020.ADNFCR-2976-ID-801703650-ADNFCR