CBN takes financial literacy to primary schools children
The Central Bank of Nigeria (CBN) has taken its financial literacy and inclusion intiative to children in primary schools and orphanages across the country.
As part of the 2023 Children’s Day commemoration the apex bank feasted 700 children from five Local Education Authority (LEA) Primary schools and five orphanage homes in Abuja not just to celebrate Children’s Day but to educated them on how to develop savings culture and financial management.
Hauwa Aji Ishaku Deputy Director Governor’s Department of the CBN said “the CBN is a financial institution that has a corporate social responsibility office that takes care of the needy in the society so today being children’s day, we need to carry them along, we want to make them happy and have some kind of belonging in the society.
“We are also going to use this as part of our financial literacy drive, talk to them about financial inclusion and how they can also help themselves as they are growing and how they can manage their finances anytime they come across finances that is allocated to them”.
She said that apart from the gifts the CBN has decided to give the children “stipends for them maybe to buy some books with and the orphanages can buy some foodstuffs”.
The CBN she said “concerns itself with education, we go out to schools with our financial literacy programme to schools, educate them so that they will be we informed about what is happening in the society and as they keep on growing up they will also know how they can manage their finances. It is also part of the Sabi moni initiative that was launched by the CBN”.
Assistant Director at the CBN, Victoria Osuashi Amaegbo said “27th of May every year is set aside to celebrate the Nigerian child so we sat and asked ‘who is celebrating the uncelebrated? The orphans in the society. So we put together and have this event on an annual basis to celebrate the uncelebrated.
She described the CBN’s interaction with the children as “social engagement CSR, social engagement with children. We bring them in their numbers to sit under one canopy and just enjoy and have fun as children, we also talk to them and engage them on how to save money, we enlighten them on all the products we have in the CBN”.