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.