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www.creativewealthnigeria.com   Written by Monsurat Lape Adeot i , Co-founder
 

FINANCIAL EDUCATION IS ESSENTIAL IN BUILDING FUTURE ECONOMIC STABILITY IN NIGERIA

Creative Wealth Nigeria is an organization that was established in 2009 with a simple but powerful mission to empower Nigerians to create the financial freedom in their lives with a focus on our nation’s youth.

We specialize in financial literacy and entrepreneurship for kids, teens and young adults. We do it in a way that is relevant, effective and, let's even add, FUN which is something most financial education programs have not figured out! We not only figured it out, we teach others how to do it just as well. Not only that but our programs are actually about more than money; they teach life skills that should be taught at home or in school but generally are not.

Our aim is to enable those we work with to build the knowledge, skills and confidence that they need to be able to manage their money effectively. Ensuring that all society’s young people become financially capable is now widely seen as a necessity key pillar in helping Governments build economic stability in the future.

One of the most powerful findings from older people is that if they had possessed the skills necessary to manage their personal finances earlier in life, it would have encourage them to aspire to greater goals like save early! Save often!

The Central Bank of Nigeria should be concerned with Financial Literacy Education because there is a significant evidence to suggest that improving levels of financial capability can generate substantial benefits for both individuals and also the state

Financially educated consumers help financial markets operate more smoothly and are less likely to be victims of fraud, eight out of ten Nigerian workers are not saving for retirement, large increase in the number of Nigerian youth unemployed, expenditures are greater than Income for most of Nigeria household, large percentage of Nigeria population are still without bank account. Building financially capable populations could have enormous future benefits for economies throughout the world. 
  
The Central Bank of Nigeria can do a lots to improve Financial literacy education in Nigeria by working with providers of financial literacy education in the country, working with the groups to improve efficiency in the delivery of financial education programs, increasing the awareness of the importance of personal financial education and promoting it, support seminars for teachers and coaches on financial literacy education.

Monsurat Lape Adeoti is the Co-founder of Creative Wealth Nigeria, an affiliate of an organisation located in Santa Barbara, California whose mission is to put kids, teens and young adults on the road to financial independence.

Monsurat Lape Adeoti is the Co-founder of Creative Wealth Nigeria, an affiliate of an organisation located in Santa Barbara, California whose mission is to put kids, teens and young adults on the road to financial independence.

Send your comments and questions to monsurat@creativewealthnigeria.com.

For a list of program visit our website at www.creativewealthnigeria.com. For customised programs or talk for your special events, call or email us



Creative Wealth Nigeria

P.O.BOX  72102, Victoria Island, Lagos, Nigeria
Tel:(234) 8058452536  Email: info@creativewealthnigeria.com
Empowering individuals to create financial freedom in their lives