By Abubakar Yunusa
The Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) aimed at promoting financial literacy among corps members.
The partnership, formalised at the NYSC headquarters in Abuja, will integrate anti-Ponzi scheme education into the NYSC’s Community Development Service (CDS) programme.
It is designed to equip young Nigerians with knowledge to identify fraudulent investment schemes and foster sound investment habits both locally and globally.
Speaking at the ceremony, SEC Director-General, Dr. Emomotimi Agama, highlighted the commission’s commitment to corps members.
“We have NYSC members at the SEC in the range of 160-180. No other institution in this country can actually boast of that,” he said.
Agama added: “We consider corps members as staff of the SEC. If we train and mould them well, they will be better ambassadors of the SEC in the outside world.”
NYSC Director-General, Brigadier General Olakunle Oluseye Nafiu, praised the commission’s efforts.
“This MoU represents a key milestone for both organisations. It’s good to catch corpers young so they won’t patronise Ponzi schemes,” Nafiu said.
He assured that the NYSC would fully implement the programme, describing it as “the beginning of great things to come” for Nigeria’s youth and wider society.
The SEC will provide training materials, educational content, and resources, while the NYSC will facilitate awareness campaigns across orientation camps and communities nationwide.
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