Access Pensions has launched an educational effort to give financial education to children in 30 Nigerian secondary and primary schools.
According to The Punch, this is the first stage in the organization’s ambition to educate over 5,000 students by the end of 2024.
The Pension Fund Administrator stated that the organization is dedicated to fostering a basic knowledge of important financial concepts like investments, savings, and general financial literacy.
“The initiative’s goal is to equip young people with the knowledge and skills they need to make wise financial decisions as they go through life,” it said.
Access Pensions’ Corporate Social Responsibility Lead, Oluchi Maduwuba, underlined in a statement the importance of financial knowledge as a foundational element for empowering the younger generation.
She stated that instilling financial wisdom early allowed individuals to make smart money decisions in the future.
According to Maduwuba, “By starting to save early, individuals can extend the time that their money is invested and increase its potential for growth. It will assist kids in developing a financial culture that will eventually lead to future self-sufficiency through earning, saving, and even investing money.”
She clarified that the goal of Access Pensions was to teach young people financial responsibility in order to support local economies.
The detailed training curriculum, she pointed out, was meticulously developed to involve students through interactive seminars, talks, and exercises, demystifying financial topics and making them approachable, relatable, and enjoyable.
She stated that in keeping with its goal of reaching as many people as possible, Access Pensions chose institutions that are representative of a wide range of Nigerian schools.
“Our goal is to support the economic development of our communities,” Maduwuba continued. “There’s no better method than to begin imparting sound financial management skills to young people. As a result, our attention is on offering the resources and guidance needed to accomplish this.?
She pointed out that the program will have a knock-on impact, affecting not just the pupils directly participating but also their families and the greater community.
The goal is to empower children with financial literacy so they can make informed financial decisions, position them for future financial success, and enable them to learn valuable money lessons,” she added.
