NDIC Pushes For Early Savings Habit, Educates Students On Financial Management

UYO – The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to promote financial literacy and instil a strong savings culture among young Nigerians through an educational outreach programme held at a secondary school in Akwa Ibom State recently.

The sensitisation programme took place at Christian Community Secondary School, off Oron Road, Uyo, where students were educated on the importance of saving, prudent financial management, and the role of NDIC in protecting depositors and ensuring stability in the banking system.

Delivering the lecture, Mrs Saadatu Bowsan, Principal Manager, Communication & Public Affairs Department explained that cultivating the habit of saving from an early age is essential for personal financial security and national economic development. She encouraged students to develop discipline in managing money and to understand how the formal banking system works.

Mr. Adeyemi A. Shaba, Controller, NDIC Port Harcourt Zonal office also enlightened the students on the mandate of NDIC, particularly its role in guaranteeing bank deposits and promoting confidence in the Nigerian financial system.

According to him, early exposure to financial education helps young people make informed decisions and prepares them for future economic responsibilities.

The programme witnessed the participation of about 200 students, who actively engaged in interactive sessions and asked questions on savings, banking operations, and financial responsibility.

School authorities commended the initiative, describing it as timely and impactful, noting that such engagements contribute significantly to shaping financially responsible future leaders.