GLOBAL MONEY WEEK: THE ABC OF CBN'S EDUCATIONAL DRIVE FOR FINANCIAL LITERACY AMONG TODAY'S YOUTHS (1)

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"A sound financial system   can only be achieved by building  confidence among  the Nigerian public to participate and enjoy the benefit that abound in the financial system"- CBN CONSUMER PROTECTION DIRECTOR UMMA DUTSE 


* A SPECIAL CBN/GLOBAL MONEY WEEK  REPORT BY
By Cerutti MIKE  Osagie, " DE Czar of letter’’. Email: youngchief@yahoo.com





ONLY on Monday an  event  aimed to commemorate the global money week- an initiative  of   the child and youth finance international (CYFI) across the world  to create awareness among children/ youths so as to equip them with knowledge, skills and opportunities to use financial services responsibly and prudently had this years theme simply as : " Learn • Save •Earn"-was staged in Abuja and sponsored by Central bank of Nigeria 

 In that event, the CBN  Director, Consumer Protection Department, Umma A.Dutse delivered a very sensitive paper, Read on his behalf by Hajia Khadeja Kasim- CBN Deputy Director/head consumer education unit,here are  key ABC POINT OF THE PAPER 



 * It is CBN duty and that of all Nigerian to  to educate young children on need to start savings on time so that they can gain financial literacy advantage

 *As tomorrow leaders, today children are indeed very important to the growth and development of our great country, for among them today are lawyers, doctors, engineers, scientist , politician or even CBN Governor

 *One of the mandate of CBN in promoting a sound financial system which  can only be achieved by building  confidence among  the Nigerian public to participate and enjoy the benefit that abound in the financial system



 *An essential and indispensable component of CBN consumer protection programme as well as the financial inclusion strategy is FINANCIAL EDUCATION, for it is only when the vast majority of the NIGERIAN POPULATION IS FINANCIAL LITERATE THAT THEY CAN PARTICIPATE AND TAKE UP OPPORTUNITIES FROM THE FORMAL FINANCIAL SYSTEM, THEREBY CONTRIBUTING TO FINANCIAL STABILITY 

 * Part ii coming soon
 

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