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FG to Train 10 Million Nigerians on Financial Literacy

Wale WhalesNews14 hours ago

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The federal government has launched registration for a nationwide training initiative aimed at equipping 10 million Nigerians with financial inclusion and literacy skills, in a move designed to strengthen economic participation and digital capability across the country.

The programme was formally introduced by the Vice President, Kashim Shettima, during a virtual meeting of the Presidential Committee on Economic and Financial Inclusion (PreCEFI) alongside development partners and professional bodies.

Shettima, who was represented by his Special Adviser on Economic Affairs, Tope Fasua, described the initiative as a key step toward improving financial awareness, entrepreneurship capacity, and digital literacy among Nigerians, particularly women and young people.

Programme Targets Digital and Financial Empowerment

According to officials, the training is designed to provide participants with a broad range of skills, including financial literacy, digital competence, business development, and sector-specific knowledge in areas such as healthcare, hospitality, and creative industries.

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The government said the initiative is expected to become one of the flagship programmes of the administration, with the potential to expand its impact beyond Nigeria through partnerships with regional and global organisations.

Concerns Over Registration Process and Public Guidance

The Technical Adviser to the President on Economic and Financial Inclusion, Nurudeen Zauro, warned Nigerians to be cautious during the registration process to avoid falling victim to scams or unofficial platforms.

He stressed that no payments are required for participation in the programme and urged applicants to rely only on official registration channels to avoid misinformation or fraud.

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Collaboration With Professional Bodies and Development Partners

The initiative is being implemented in collaboration with several organisations, including the World Bank, African Union, Economic Community of West African States, and the National Information Technology Development Agency.

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Professional bodies such as the Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Bankers of Nigeria (CIBN), Chartered Institute of Stockbrokers (CIS), and the National Institute of Credit Administration (NICA) are also involved in designing certification pathways, mentorship frameworks, and digital skills programmes.

Officials say registration is now open, with implementation expected to scale gradually as more partners join the initiative.

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