NDIC Trains 100 Kwara Students On Saving Culture, Financial Discipline - THE ENCOUNTER NEWS

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Sunday, December 5, 2021

NDIC Trains 100 Kwara Students On Saving Culture, Financial Discipline


ILORIN - No fewer than 100 students from about two secondary schools in Kwara state were trained by the Nigeria Deposit Insurance Corporation (NDIC), on the need to imbibe proper financial disciplines and saving culture for a productive living.


The training which was held at Queen Elizabeth Secondary School, Ilorin Kwara had professionals advising the students on how to engage in savings. 


The first lecture was delivered by the NDIC Ilorin Zonal office Controller, Mr. Chima Onyechere titled Mandate and operations of NDIC. 


The second lecture titled "Understanding the Importance of savings" was delivered by Mr Abraham. 


Speaking at the training, Onyechere explained that the campaign on financial literacy, resources management and budgeting, saving culture were embarked on nationwide by NDIC to encourage poor Nigerians on how to keep their money and make wise investments.


He added that the exercise also provided the chance to educate young people on how to keep their monies safe at designated banks instead of keeping them in an unsecured environment to be mutilated by termites or stolen.


The controller maintained that good saving habits would encourage prudence, transparent dealings and growth of businesses, in view of the need to breed empowered individuals in the society.


Onyechere stressed the importance of monetary saving habits among Nigerian students, as part of efforts to “Catch Them Young” to cultivate good financial habits.


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