UBA educates students on saving culture

THE United Bank for Africa (UBA) has charged secondary school students to embrace the habit of saving and investing money for a better future.

He said this while addressing students of Gateway Secondary School, Ita -Iyalode, Abeokuta, as part of activities marking the year 2017 Global Money Week with the theme “Learn, Save and Earn, over the weekend.

Laidi said the Financial Literary Day was declared by the Central Bank of Nigeria to create awareness among secondary school students on the need to learn early concepts of saving.

The senior bank official told the students on how to manage money and invest it in securing a brighter and secured future, advising them to take a cue from those successful Nigerians who have made their marks in the business world.

He mentioned that business men and women such as Alhaji Aliko Dangote, Folorunso Alakija, Tony Elumelu among others started saving early in life for investment.

“The financial literacy day is an event put in place to create awareness among the younger ones on how to save money for investment.

“How I wish I had this kind of opportunity to listen to a lecture like this while I was in the secondary school. It is good to know how to make money, save the money and how to invest that money.

“Stay away from the attitude of getting rich quick syndrome. Stay away from any fraudulent acts that may jeopardize your future. Don’t steal your parents’ or guardians’money because you want to save,” he added.

He advised the students to have a vision of been prudent, to avoid unnecessary spending.

S-Davies Wande

Recent Posts

Defections: ‘I’m not sure Tinubu knows what’s going on’ – Dele Momodu

“So any man who is tired of his political party should be ready to forfeit…

40 seconds ago

75.5% of rural Nigerians now live below poverty line — World Bank

“Based on the most recent official household survey data from Nigeria’s National Bureau of Statistics,…

2 minutes ago

South-West: Labour Party lawmaker donates offices to OBIdient Movement

Hon. Seyi Sowunmi, a Labour Party member of the House of Representatives, has donated operational…

9 minutes ago

Fight against tobacco consumption requires collaboration — CISLAC

The Federal Government, through the Ministry of Arts, Culture, Tourism, and Creative Economy, has rolled…

27 minutes ago

FG rolls out creative economy development fund to boost industry

Federal Government through the Ministry of Art, Culture, Tourism and Creative Economy has rolled out…

48 minutes ago

No date yet for resumption of CVR, PVC replacement — INEC clarifies

The Independent National Electoral Commission (INEC) has dismissed as fake and speculative a media report…

54 minutes ago

Welcome

Install

This website uses cookies.