Access Pensions takes financial literacy to 30 schools

Access Pensions takes financial literacy to 30 schools

Access Pensions has commenced an educational initiative to provide financial training to students in 30 secondary and primary schools across Nigeria.

This is the first phase of its plan to educate over 5,000 students by the end of 2024.

The Pension Fund Administrator said it was committed to cultivating a foundational understanding of crucial financial concepts such as savings, investments, and overall financial literacy.

‘’The initiative was designed to empower the youths with the necessary tools to make informed financial decisions as they navigate through life,’’ it stated.

In a statement, the Corporate Social Responsibility Lead at Access Pensions, Oluchi Maduwuba, emphasised the significance of financial literacy as a cornerstone for empowering the younger generation.

She said instilling financial wisdom early allowed individuals to make smart money decisions in future.

Maduwuba stated, “Money significantly influences various aspects of our lives, and now, these children have the luxury of time. Saving early ensures their money is invested for a longer period, providing it with the chance to grow. It will help them cultivate a culture of earning, saving and even investing money, leading ultimately, to self-sufficiency in the future.”

The objective of Access Pensions, she added, was to contribute to the economic development of communities by imparting financial prudence to young people.

She noted that the comprehensive training programme was meticulously designed to engage students through interactive workshops, presentations and activities, demystifying financial concepts and making them accessible, relatable and fun.

Access Pensions selected schools that represent a diverse cross-section across Nigeria, emphasising its commitment to reaching a broad audience, she said.

Maduwuba added, “Our objective is to contribute to the economic development of our communities. What better way than to start teaching young people how to be financially prudent? Therefore, we are focused on providing the necessary tools and advice required to succeed at this goal.”

Maduwuba added that financial literacy was a key component of personal and societal development.

The initiative, she noted, would create a ripple effect, influencing not only the students directly involved but also their families and larger communities.

“The objective is to shape their future by making them financially literate, set them up for a bright financial future, and enable them to learn valuable money lessons,” she added.

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