- FirstBank Takes Financial Literacy to Ebonyi
First Bank of Nigeria Limited has expanded its Financial Literacy programme to the eastern part of the country with the launch its launch for Secondary Schools in Ebonyi State, under the auspices of the FirstBank FutureFirst Programme.
The initiative launched in 2013 in partnership with Junior Achievement Nigeria and the Lagos State Empowerment & Resource Network (LEARN) is designed to empower students of secondary schools with requisite knowledge of financial literacy and career counseling. This is expected to equip them with knowledge of money management, early entrepreneurship skills, financial independence while stimulating the development of a savings culture at an early age.
The FutureFirst Financial Literacy Programme is an ongoing corporate responsibility initiative of the lender which aligns with the its Sustainable Finance objective, a key focus area of its corporate sustainability and responsibility strategy.
The bank has recorded success in implementing the programme in Lagos, Port Harcourt, Enugu and Abuja and saw workers volunteer their time and resources to teach students in over 80 secondary schools, impacting over 60,000 students and committing over 220,000 volunteering hours since the programme was launched.
The Commissioner for Education; the Secretary to the State Government; Head of the State Board of Education; 30 principals of selected schools and staff of the bank were in attendance. Subsequently, FirstBank workers volunteers were trained by Junior Achievement Nigeria as part of the requisite train-the-trainers exercise and assigned to schools.
School teachers in the state were also trained to ensure sustainability of the programme.
Thirty schools are currently participating in the financial literacy exercise in Ebonyi State with more schools to follow.
FirstBank’s Future First Financial Literacy Programme is in line with the CBN’s drive for financial inclusion which seeks to ensure financial inclusion for the unbanked having a strong bearing on financial stability, economic growth and development for the citizenry.