The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to promoting financial literacy and a savings culture among secondary school students in Sokoto State.
This assurance was given on Thursday by the NDIC Zonal Controller in Sokoto, Bello Usman-Kaoje, during a financial literacy training programme at Government Day Secondary School, Kalambaina.
The event brought together students from various secondary schools across the state.
Usman-Kaoje stated that the initiative is part of NDIC’s Corporate Social Responsibility, aimed at instilling financial discipline, prudent spending, and effective money management in young Nigerians. “This programme is organised in commemoration of the 2025 Financial Literacy Day, with the theme: ‘Think Before You Follow – Spend Money Wisely Tomorrow’,” he said.
He added that NDIC has consistently mentored students on saving and financial planning to help them make responsible money decisions.
“Our goal is to nurture a generation that understands the value of saving, budgeting, and investing, ultimately boosting the national economy,” he noted.
Usman-Kaoje also warned students about increasing financial fraud through online platforms and Point-of-Sale operators, urging them to be vigilant and avoid scams driven by greed or quick profit motives.
Also speaking at the event, Abubakar Usman of the Central Bank of Nigeria, Sokoto Branch, stressed the role of regulated financial institutions such as commercial and microfinance banks in protecting customer deposits and ensuring safe financial transactions.
In a related session, Deputy Commander of the NDLEA in Sokoto, Aliyu Omama, cautioned students against drug abuse and its damaging financial and social effects.
Hajiya Mansura Abdulsalam, speaking on behalf of the school principals, described the training as timely and impactful. She encouraged students to put the knowledge into practice and develop sound financial habits.
The event featured lectures, interactive sessions, and discussions on financial planning, fraud prevention, and the importance of long-term savings.
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