Cbn partners nerdc on financial literacy in school curriculum

Here's a summary of the article:

CBN Partners NERDC on Financial Literacy in School Curriculum

The Central Bank of Nigeria (CBN) has partnered with the National Educational Research and Development Council (NERDC) to integrate financial literacy into the school curriculum. This partnership aims to equip Nigerian students with the knowledge and skills necessary to make informed financial decisions.

Objectives of the Partnership

The objectives of the partnership include:

  1. To develop a comprehensive financial literacy curriculum for Nigerian schools
  2. To train teachers on financial literacy and its integration into the curriculum
  3. To promote financial literacy among students and the general public
  4. To enhance the financial literacy of Nigerian citizens, particularly among the youth

Benefits of Financial Literacy

The CBN and NERDC believe that financial literacy is essential for individuals to make informed decisions about their financial lives. Financial literacy can help individuals:

  1. Manage their finances effectively
  2. Avoid debt and financial crises
  3. Make informed investment decisions
  4. Build wealth and achieve financial stability

Implementation Plan

The partnership will involve the following steps:

  1. Development of a financial literacy curriculum for Nigerian schools
  2. Training of teachers on financial literacy and its integration into the curriculum
  3. Pilot testing of the curriculum in selected schools
  4. Rollout of the curriculum to all Nigerian schools

Conclusion

The partnership between the CBN and NERDC is a significant step towards promoting financial literacy among Nigerian students. By integrating financial literacy into the school curriculum, the partnership aims to equip students with the knowledge and skills necessary to make informed financial decisions and achieve financial stability.