Junior Achievement (JA) Nigeria, a non-governmental organization, has partnered the Central Bank of Nigeria (CBN) to help youths own their financial and economic future.
The Executive Director, JAN, Mr Foluso Gbadamosi, made this known at the just concluded Global Money Week 2023 on Wednesday in Lagos.
Gbadamosi said that the partnership would help the CBN to achieve 95 per cent financial inclusion target by 2024.
He said JA Nigeria partnered with the CBN to help young adult own their economic future.
Gbadamosi noted that only 44.8 per cent of adults in Nigeria were included in the financial system.
“Junior Achievement Nigeria in alignment with CBN aims at helping young people own their economic future,” he said.
He said the partnership was aimed at ensuring youths progressively acquire the information, skills, attitudes, and behaviors needed to make sound financial decisions, achieve financial well-being and financial resilience.
“This partnership ensures that the ultimate goal of the Global Money Week which is to make all children and youth have access to high-quality financial education and learn about money matters are achieved.
“The partnership is also to make them make smart financial decisions that can improve their future financial well-being, are achieved.
“At the heart of what we do at JA Nigeria is financial literacy and we are committed to ensuring young people are equipped with skills necessary for financial success.
“It is important to educate young people and provide them with the skills and resources needed to improve their financial management abilities and set them on the right path to financial independence,” he said.
He added that the NGO was focused on creating a financially literate generation.
“This is why we are working with the CBN to celebrate Global Money Week by teaching our students using the financial literacy modules created by JA Nigeria.
“We appreciate the CBN for partnering with us and supporting us in achieving the United Nations Sustainable Development Goals 1 and 4 which is zero poverty and quality education,” he said.
The Global Money Week is an annual global awareness-raising initiative that emphasizes the importance of ensuring that young people are financially conscious from a young age.
