Lagos, Nigeria, March 2023 – As part of the Central Bank of Nigeria’s (CBN) efforts of having 95 percent financial inclusion by 2024, given that only 44.8 percent of adults in Nigeria are included in the financial system, and in alignment with Junior Achievement Nigeria’s vision of helping young people own their economic future, the CBN has partnered with Junior Achievement Nigeria to celebrate the 2023 Global Money Week (GMW).
Global Money Week is an annual global awareness-raising initiative that emphasizes the importance of ensuring that young people are financially conscious from a young age. It is aimed at ensuring that they progressively acquire the information, skills, attitudes, and behaviors needed to make sound financial decisions and achieve financial well-being and financial resilience. The theme for GMW2023 which held from March 20 – 26, is “Plan your money, plant your future”.
This year, JA Nigeria in partnership with the Central Bank of Nigeria celebrated Global Money Week with a 5-day long event, with the Financial Literacy Day on Thursday of the week in select schools across the country. Other activities for the week were a financial literacy rally, financial literacy fair, a visit to the Nigerian Stock Exchange and an essay competition as the grand finale.
This partnership ensures that the ultimate goal of Global Money Week which is to make all children and youth have access to high-quality financial education, learn about money matters, and are able to make smart financial decisions that can improve their future financial well-being, are achieved.
Commenting on this year’s celebration the Executive Director, Junior Achievement Nigeria, Foluso Gbadamosi, stated,
“At the heart of what we do at JA Nigeria is financial literacy and we are committed to ensuring young people are equipped with skills necessary for financial success. It is important to educate young people and provide them with the skills and resources needed to improve their financial management abilities and set them on the right path to financial independence. We are focused on creating a financially literate generation; that is why we are working with CBN to celebrate Global Money Week by teaching our students using the financial literacy modules created by JA Nigeria. We appreciate the Central Bank of Nigeria for partnering with us and supporting us in achieving the United Nations Sustainable Development Goals 1 and 4 – zero poverty and quality education.”
About Junior Achievement Nigeria
Junior Achievement Nigeria (JAN) is part of Junior Achievement Worldwide (JAWW), the world’s largest and fastest-growing non-profit economic education organization with a 120-country network. Since its inception in 1999, JAN has reached over one million students in over 20,000 classrooms in all 36 states across the country and the FCT through over 5000 volunteers. As part of a global network, JAN can leverage resources and expertise to deliver localized cutting-edge experiential programs built on JAWW’s four pillars of Work Readiness, Entrepreneurship, Financial literacy, and Digital Literacy, to in-and-out-of-school youths, ages 5 to 27, free of charge.
For more information, visit www.ja-nigeria.org