The Central Bank of Nigeria (CBN) and the Nigerian Educational Research and Development Council (NERDC) are set to introduce a financial literacy curriculum for primary and junior secondary students across Nigeria, aimed at fostering savings and investment awareness from an early age.

This announcement was made by Mr. Ibrahim Yahaya, Acting Head of the Consumer Protection Department at the CBN, during the World Savings Day event at the Federal Science and Technical College in Orozo, Abuja.

Yahaya shared that the curriculum, developed in partnership with NERDC, is ready for launch and will soon be integrated into school syllabuses nationwide. He noted that the initiative, which covers topics on savings, investments, and essential financial knowledge, is expected to enhance financial awareness among Nigeria’s youth and encourage a culture of economic responsibility.

With financial inclusion at the forefront, CBN data shows an increase in Nigeria’s financial inclusion rate from 65% to 67% in 2023, highlighting a decrease in financially excluded individuals. Yahaya emphasized the importance of this educational push, particularly in the context of World Savings Day, to develop a generation equipped with the knowledge and habits necessary for economic development.