SEC Promotes Financial Literacy As Life Skill for Nigerian Youth

3 weeks ago 7

The Securities and Exchange Commission (SEC) has emphasised the value of fiscal literacy arsenic a beingness accomplishment and endurance instrumentality successful today’s analyzable economy.

The director-general of the SEC, Dr Emomotimi Agama, stated this astatine yesterday’s handing-over ceremonial of the reviewed National Universities Commission’s (NUC) Curriculum connected Securities and Investment Management (SIM) by the SEC-appointed Committee of Experts successful Abuja.

Agama said the captious engagement signifies organization collaboration and the corporate resoluteness to physique a instauration for sustainable fiscal empowerment successful Nigeria.

He said, “Our gathering contiguous goes beyond argumentation harmonisation oregon program design. It is astir shaping the fiscal mindset of aboriginal generations, equipping young Nigerians with the tools to marque informed choices and lend meaningfully to our development.

“Financial literacy determines however individuals earn, save, invest, and physique wealth. It besides influences however they prosecute with the fiscal system, ensuring they are not near down successful an progressively integer and knowledge-driven economy.”

The SEC DG disclosed that the collaboration with the National Universities Commission (NUC) represents a strategical leap forward; a deliberate and forward-looking effort to integrate fiscal acquisition into Nigeria’s nationalist program from the superior done to the secondary levels.

Beyond imparting knowledge, the SEC brag said, the effort is astir empowerment, astir giving young radical the assurance to enactment productively successful fiscal and superior markets adding that arsenic the apex regulator of the superior market, the SEC’s dual mandate to support investors and deepen the marketplace cannot beryllium achieved successful isolation from an informed, financially literate populace.

Agama said, embedding fiscal acquisition into the nationalist curriculum, is investing successful quality capital, the astir captious operator of sustainable, inclusive, and resilient economical growth.

The president of the Committee, Prof. Uche Uwaleke disclosed that, “the Committee was tasked with reviewing and expanding the existing program to bespeak these developments with a presumption to making due recommendations to the NUC that guarantee that Nigerian universities are not lone aligned with planetary trends, but are besides equipping our students with the cognition and competencies required to thrive successful a modern superior marketplace environment.”

He said different arsenic important mandate of the Committee was to plan and urge to the NUC, a Basic Course successful Capital Market Studies to beryllium taken by each first-year students crossed Nigerian universities, saying that “this inaugural is inspired by the designation that consciousness and knowing of the superior marketplace stay comparatively low, particularly among young Nigerians.

“By introducing this foundational course, we purpose to beforehand aboriginal exposure, foster superior marketplace literacy, and yet deepen fiscal inclusion, cardinal pillars of the SEC’s developmental mandate,” helium said.

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