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CBN Partners 29 Financial Institutions,Junior Achievement Nigeria To Make School Children Financial Literate

The Central Bank of Nigeria  (CBN) has declared 30 March Finacial Literacy Day in celebration of Global Money Week 2017. On the day, which Managing Directors, Chief Executive Officers and top members of management of 29 banks and financial institutions will visit over 800 schools in 36 states to teach financial literacy curriculum developed by Junior Achievement Nigeria, a non-profit organization committed to encouraging financial literacy among school children. Over 80,000 students are expected to benefit from Junior Achievement Nigeria’s cutting-edge curriculum based on this year’s Global Money Week’s “Learn. Save. Earn” theme. The Global Money Week will hold worldwide from 27 March to 2nd April.
"The CBN initiative is managed by the Bankers Committee, which works with Junior Achievement Nigeria to match banks to schools.                          

“This is the fourth year we are implementing Financial Literacy Day in partnership with Junior Achievement Nigeria, and we have seen the program improve and expand each year,” said Mr. Emeka Emuwa, CEO, Union Bank, and Chairman of the CBN Bankers Committee Financial Literacy and Public Enlightenment Sub – Committee.             

Mr. Emuwa explained the ultimate goal of the initiative is to ensure that every Nigerian student is financially literate and able to make sound financial decisions that will lead to a productive and successful life.

Mrs. Simi Nwogugu, Executive Director, Junior Achievement Nigeria, said the organization is delighted for having the opportunity to develop the curriculum. “We are grateful for the opportunity to develop the curriculum and implement this initiative with the CBN Bankers Committee every year, The goal of Global Money Week is to teach children and youth about money, saving, creating livelihoods, gaining employment and becoming entrepreneurs through interactive and fun activities. This aligns with the three pillars upon which Junior Achievement’s programs are built: Financial Literacy, Work Readiness, and Entrepreneurship,” she said.

Junior Achievement Nigeria is part of Junior Achievement Worldwide (JAWW), the world’s largest and fastest-growing non-profit economic education organization with a 121-country network. Since inception in 1999, JAN has reached over 670,000 students in over 900 schools in 29 locations across the country with the support of 2000 volunteers.