Ministry of Police Affairs Hosts Financial Literacy Seminar

The Ministry of Police Affairs, under the leadership of Honourable Minister Sen. Dr. Ibrahim Gaidam, organized a financial literacy and wealth management seminar aimed at enhancing the financial wellbeing of its workforce. The seminar, facilitated by Deutsche Partners, a Securities and Exchange Commission (SEC)-licensed investment firm, provided staff with practical knowledge on personal finance, investment management, risk mitigation, and estate planning.

Mr. Akinfenwa Apata, Fund Manager at Deutsche Partners, highlighted the necessity of engaging only SEC-regulated investment firms and verifying their registration status. The seminar was structured into three modules: Personal Finance Management, Investment and Wealth Management, and Estate Planning.

Participants learned about budgeting, savings, investment strategies, and the significance of distinguishing between assets and liabilities. The second module focused on investment principles, discussing risks such as exchange rate and inflation risks, and encouraged building diversified portfolios.

The training aimed to equip participants with skills for sustainable wealth creation and informed investment decisions.