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Tuesday, June 18, 2024
Home Business NNPC FOUNDATION TRAINS OVER 200000 CORPS MEMBERS ON FINANCIAL LITERACY

NNPC FOUNDATION TRAINS OVER 200000 CORPS MEMBERS ON FINANCIAL LITERACY

In its bid to build the capacity of youth towards making them employers of labour, the NNPC Foundation, in partnership with Kudimata Nigeria Limited, a financial education outfit, have trained the Batch C members of the National Youth Service Corps (NYSC) in basic financial literacy skills.

This is contained in a statement signed by the Chief Corporate Communications Officer NNPC LTD Femi Soneye.

The training, which aligned with the objectives of Skills Acquisition and Entrepreneurship Development (SAED) scheme of NYSC had its maiden edition featuring Batch B stream in the past months.

So far over 118,000 youth corps members have been trained in financial literacy, while about 70,000 are being trained across the 37 NYSC orientation camps in the country.

Speaking during the training, the Managing Director, NNPC Foundation, Emmanuella Arukwe described financial literacy as not only the bedrock of all successes in the ever-competitive labour market, but a journey towards attaining self-actualization, thereby heralding the trajectory to sustainable prosperity of the nation.

Arukwe, implored the corps members to leverage on the knowledge garnered from the training to avert white collar job syndrome, adding that the NNPC Foundation is committed to impacting the youth corps members to become employers of labour.

According to her, the programme cuts across the 36 states of the country including the Federal Capital Territory (FCT).

She added that After the training, those who pass the examination by 70 percent will move to the next stage which is how to run successful businesses.

The training will help reduce unemployment and underemployment in Nigeria, thereby making the corps members employers of labour.

In her remarks, the FCT Coordinator, NYSC, Shokpeka Winifred expressed her profound gratitude to both NNPC Foundation and Kudimata Nigeria Ltd for their unwavering support to empower the corps members to enable them to become self-reliant individuals and wealth creators.

Winifred described the training as a platform for young people to learn the best ways of managing their finances, while also grooming them to become good managers of resources.

“Going forward, I’m confident that they will put what they have learnt to use by utilizing their funds well as they are now aware of how to earn, maintain and multiply their finances. We are striving to see them becoming business owners tomorrow through further mentorship,” the Coordinator concluded.

One of the corps members at the NYSC orientation camp in Abuja, Prudence Enema said: “I’m thrilled that the NNPC Foundation took their time to train us on financial literacy, we are aware that financial literacy is very important, and we have learnt a lot on how to multiply our money in order not to suffer in the future.”

Another corps member, Okeke Ugochukwu revealed that the training was worthwhile as the importance of saving and categorization of finances were taught effectively.

 

 

 

 

 

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