Minister of Finance of Nigeria Plans to Train 12,000 Government Employees on Financial Literacy

The initiative will continue as long as the majority of lower cadre civil workers could be recruited by the government.

Highlights

  • The Minister of Finance of Nigeria announced that the federal government would train 12,000 personnel in financial literacy.
  • This comes as part of its responsibility to lower the rate of financial hardship and support the expansion of the economy overall.
  • The Federal Ministry of Finance, Budget, and National Planning, GIZ, and the Central Bank are among the organisations engaging in the training.

Minister of
The Minister of Finance of Nigeria, Budget & National Planning, Dr. Zainab Shansuna Ahmed, announced on Tuesday that the federal government would train 12,000 personnel in financial literacy as part of its responsibility to lower the rate of financial hardship and support the expansion of the economy overall.

Even yet, she pointed out that encouraging financial literacy among public employees implied that inclusive economic growth would be sustained.

During the official flag-off ceremony of the Service Wide Financial Literacy in the Workplace Programme on Financial Inclusion, held in Abuja, the Minister, who was represented by the Permanent Secretary, Finance Federal Ministry of Finance, Budget and National Planning, Aliyu Ahmed, said this.

She claims that after this programme is implemented, the pilot stage will have reached 12,000 government employees by the end of 2022. It is also crucial to keep in mind that the Ministry wants to expand the programme to other MDAS by January 2023.

The Federal Ministry of Finance, Budget, and National Planning, GIZ, and the Central Bank are among the organisations engaging in the training, the Minister continued.

She said the initiative will continue as long as the majority of lower cadre civil workers could be recruited by the government.

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