Access Pensions Launches Education Program to Promote Financial Literacy
Access Pensions has initiated an education program aimed at providing financial support to students in 30 secondary and primary schools across Nigeria.
By the end of 2024, the program aims to have educated over 5,000 individuals, marking the first phase of its strategy.
The Pension Fund Administrator is committed to fostering a foundational understanding of essential financial aspects such as savings, investments, and general financial education.
According to the statement, the program “aims to equip young people with the tools they need to make informed financial decisions as they navigate through life.”
Oluchi Maduwuba, the Corporate Social Responsibility Lead at Access Pensions, stressed the importance of financial education as a cornerstone for empowering the younger generation in an article.
She asserted that early financial education empowered individuals to make wise financial choices.
Maduwuba stated, “Money has a significant impact on various aspects of our lives, and these children now have the advantage of time.” Saving money early allows it to grow and ensures that it is invested for a longer period. It will help them foster a culture of earning, saving, and investing money, ultimately leading to future self-sufficiency.
She further explained that Access Pensions’ objective was to contribute to the economic development of communities by teaching young people financial responsibility.
She mentioned that the comprehensive training program had been meticulously designed to engage students through interactive workshops, presentations, and activities that elucidate and connect with economic concepts.
Maduwuba pointed out that Access Pensions selected schools that represented a diverse cross-section of Nigeria, underscoring the company’s commitment to educating the broader population.
Maduwuba continued, “Our aim is to support the economic advancement of our communities. What better way to instill financial responsibility in young people? Therefore, our top priority is to provide them with the resources and guidance necessary to achieve this objective.”
Financial education was deemed a pivotal element in both personal and societal growth, Maduwuba emphasized.
She noted that the program would have a ripple effect, influencing not only the directly involved students but also their families and broader communities.
She concluded, “The goal is to shape their future by educating them about money, preparing them for a financially promising future, and enabling them to acquire essential life skills.”