As part of its commitment to drive financial literacy and savings culture among the youth, First Bank of Nigeria has established the Future- First initiative for youths and the unbanked segment of the economy.
The Future-First programme is designed to empower secondary school students between the ages of 12 to 17 to build fulfilling careers and be better equipped with tools and knowledge for long-term financial independence.
Speaking at the World Savings Day event in Epe recently, the head Corporate Responsibility and Sustainability, FirstBank, Ismail Omamegbe, said the Bank is firmly committed to the achievement of financial inclusion in Nigeria and would continually work towards this aspiration by extending banking services to the under-banked businesses, communities and individuals across the country with an extensive network of over 750 branches.
“FirstBank would continue to assist the Nigerian child and young adult to build a prosperous future by extending financial education and services to them early in life,” he said.
Omamegbe took over 400 students of Government College, Ketu Epe, through the basic concepts of savings, making money, and investments while letting them know that their capacity to make informed decisions will make them better adults in the future.
In commemoration of the annual World Savings Day and in continuation of FirstBank’s drive for financial literacy, the bank adopted 11 schools across the nation to teach the students the basic fundamentals to make money and impart them with the financial knowledge needed to be relevant in the world global economy at an early stage.
These schools include – Federal Government College, Malali, Kaduna state; Government Secondary School Yana, Bauchi state; Capital School Yola, Adamawa state and Holy Rosary College, Enugu among others.
In furtherance of this, Folake Ani-Mumuney, FirstBank’s Group head, Marketing and Corporate Communications, said, “to further secure the financial future of young students, FirstBank has in place the MeFirst Account targeted at secondary school students, between 12 to 17 years to make them financially savvy, whilst saving up funds for their education and other future endeavours.”
