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By Aniekan Aniekan, Calabar
The Nigeria Deposit Insurance Corporation (NDIC) rolled out a dynamic training workshop on financial literacy and wealth building for secondary school students in Calabar, Cross River State.
The workshop drew over 200 students from four schools including West Africa People’s Institute, Government Secondary School Lagos Street, Government Secondary School Akim, and Government Girls Secondary School in Big Qua Town, all within Calabar Municipality.
The students were exposed to approaches to wealth creation, self-reliance financial independence/literacy and many other skills.
Speaking during the workshop, Bokepere Adeghe, Principal Manager, Communications and Public Affairs Department in the NDIC said equipping them with these skills will help produce better citizens in the future.
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“If children start saving and become financially literate at this young age we will produce better citizens in the future. We hope to catch them young, teach them to save, earn legally and invest.
“It is very important that students understand the difference between needs and wants, as well as key financial policies”, she said.
Speaking on NDIC’s mandates and operations, Zonal Controller, Owerri Zonal office, Obialor Ugochukwu said the mandate of the Corporation is to protect bank depositors’ money, promote confidence in Nigeria’s financial system and administer the Deposit Insurance System (DIS) in Nigeria.
Ugochukwu also explained that NDIC collaborates with the Central Bank of Nigeria (CBN) to monitor and supervise banks, ensuring they operate safely and soundly.
The State Commissioner for Education, Prof. Stephen Odey represented by Senior Education Officer, Ukeh Anashie, commended NDIC for the sensitization exercise saying it will help check get rick quick tendency.
