NDIC Promotes Financial Literacy at Maiduguri School Event

The Nigeria Deposit Insurance Corporation (NDIC) emphasized the importance of financial literacy and responsible money management among students during the "Smart Money Talk" event held at Government College Maiduguri, Borno State. Regina Dimlong, Assistant Director of the NDIC's Communication and Public Affairs Department, stated that financial literacy is essential for empowering individuals to make informed financial decisions and contribute to national economic development.

The event aimed to encourage young Nigerians to cultivate healthy financial habits, including budgeting, saving, and wise investing. Hadiza Kaigama, a resource person, highlighted the need for students to distinguish between needs and wants and to prioritize their financial decisions.

Abba Ali Ladan, the principal of Government College Maiduguri, commended the NDIC for its initiative, noting the lack of adequate financial management knowledge among youth in an increasingly digital financial environment. The program featured lectures and interactive sessions designed to improve students' understanding of personal finance.