Cooperative advocate financial literacy to improve national development 

Abubakar yunus abuja

The non-governmental Organisation for Literacy Support Services (NOGLASS) has urged the financial institution to consider intensifying financial literacy for national development.

The group said this on Tuesday at a one-day NOGLASS cooperative leadership Development Conference with the theme, “Building Leadership Capacity in financial literacy to access financial products”, in Abuja.

Speaking at the conference,NOGLASS President, Noah Emmanuel’s financial literacy is the key to unveiling the potential of humans towards financial and economic development geared towards self-reliance. 

According to him,economic and financial empowerment is the heartbeat of every nation, saying that the economic transformation of many societies is often matched with the level of their financial educational development which is evident in their level of life expectancy vis-a-vis the per capita income. 

Noah said, “Strengthening the capacities of our Cooperative leaders across the country remains one of the most fundamental mandates of NOGALSS Multipurpose Cooperative Society Ltd which serves as part of her contribution in support of the federal government of Nigeria in executing the strategic financial inclusion.

“It is pertinent to note that NOGALSS Multipurpose Cooperative Society is operative across the states of the Federation and the FCT and will use its support services for the attainment of the federal government policies on economic and financial empowerment.”

Speaking on the essence of the conference she said “ this conference will no small measure, provide us with the opportunity to refresh our knowledge and to learn techniques in Economic Development and it will equally further massage improve our capacity in wealth creation for sustainable development.

On her part, Cooperative General Secretary, Barr. Madonna Corosi explained that the cooperative has made great strides towards reducing poverty and fostering economic growth through its packages of wealth creation, and economic and financial empowerment of its members.