Zenith trains 100 public school pupils in financial literacy, saving tips | Independent Newspapers Limited
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Zenith trains 100 public school pupils in financial literacy, saving tips

Posted: Apr 1, 2015 at 11:45 am   /   by   /   comments (0)

By Innocent Oweh

Correspondent, Abuja 


Management of Zenith Bank Plc has taken it upon itself to train over 100 students of Government Secondary School, Maitama, Abuja on how to grow their income and save money for the rainy day.

The capacity building programme with the theme:  “Save today, Save Tomorrow,” was jointly organised by the Central Bank of Nigeria (CBN) and a non-governmental organisation, Junior Achievement Nigeria (JAN), in commemoration of this year’s global money week.

The General Manager of Zenith Bank Plc (Abuja/Northern Zone), Lanre Ishola, said the bank decided to key into the programme it as part of its corporate social responsibility.

According to him, the initiative “is something that we naturally keyed into. Naturally in life, everybody needs to be conversant with academic literature.

“But above all, you need to be financially literate and educated. It is an initiative that allows for young students to cultivate the savings culture early in their life, even before they start to work. That is the normal thing to be done in a developed society.

“So, their being given opportunity early enough in life to start the culture is quite amazing.” Ishola however said the children will not be discouraged academically because of early exposure to money. Not at all, because we are just trying to educate them and make them know that savings is supposed to be a culture of our society as it is done in developed countries worldwide”, he stressed.

JAN’s Director of Programmes and Operations, Efe Adefulu said the programme was aimed at catching students young on how to make and save money for the future.

According to her, the programme “will teach children financial literacy as part of Global Money Week. Students have learnt how to grow their income and save money to prepare them for the future.”

Speaking further she added “that the students are not too young to think of how to start making money. It starts from when you are very young and when you have that culture of saving; it takes you to a better future because we have young children who have the habit of saving money in little boxes. So from little boxes, they grow to saving money in the bank.

“Then, they will start investing; so we are catching them young and by doing this, we are already instilling these habits in them so that when they become adults, it will not be something very difficult,” she added.