The Nigeria Deposit Insurance Corporation (NDIC) has taught students from various secondary schools in Kaduna State about financial literacy as part of activities for the 2026 Global Money Week.
The event, held at Sardauna Memorial College (SMC), with the theme “Smart Money Talks,” aimed to give young people the knowledge and skills needed for making informed financial decisions.
Organizers said the goal of the session was to help students develop a savings culture and responsible money-management habits from an early age.
Amid rising financial challenges, the Corporation emphasized that early education is the best way to build a financially secure generation.
Speaking at the event, NDIC Principal Manager, Mrs. Alade Yetunde, said that understanding basic financial principles is vital for personal growth and economic empowerment.
She told students that financial literacy isn’t just about earning money, but about managing it wisely to reach long-term goals.
Yetunde encouraged students to adopt good financial habits, such as regular savings, effective budgeting, and responsible spending.
She explained that developing these habits early can help them achieve financial independence and avoid debt problems later.
The NDIC representative also explained the organization’s role in protecting depositors and boosting confidence in Nigeria’s banking system.
She reassured students that deposits in licensed banks are protected by NDIC, a fact many young people and even adults are unaware of.
According to her, the knowledge shared during the event would help students become financially responsible citizens and future leaders capable of making wise economic choices for themselves and their communities.
Also speaking, the Special Adviser to Governor Uba Sani on Student Affairs, Yusuf Lawal, described the program as a rare opportunity. He pointed out that many adults grew up without practical financial education, and Kaduna students were lucky to participate.
Lawal praised NDIC for choosing Sardauna Memorial College as the host school and noted the state government’s pride in hosting the 2026 Global Money Week activities.
He added that Governor Uba Sani’s administration remains committed to expanding access to quality education and creating opportunities for children from less-privileged backgrounds.
He urged teachers to reinforce the lessons from the program in their classrooms. Lawal emphasized that ongoing learning and the application of budgeting and saving principles can help students turn knowledge into daily habits.
Earlier, the Principal of Sardauna Memorial College, Umar Ahmed Lawal, welcomed the NDIC team and guests. He called the program a valuable initiative that would positively impact students beyond the classroom.
The principal explained that the program would deepen students’ understanding of financial institutions and the banking system while helping them appreciate the importance of protecting their finances from fraud and poor money habits.
Lawal expressed confidence that the lessons learned would help develop a generation of financially aware and responsible young Nigerians capable of managing resources and contributing to economic growth.
The event included interactive sessions that taught students about savings, financial discipline, budgeting, and making informed financial choices. Through questions, role-plays, and practical examples, students showed increased awareness of how everyday decisions influence long-term financial health.
As Global Money Week continues across the country, NDIC plans to carry out similar programs to reach students early. The message from Kaduna was clear: smart money habits start early, and financial literacy is just as important as any other subject in school.
