The Association of Chartered Certified Accountants, a global professional accountancy body, has announced the Secondary School Finance Competition to target young finance talent and promote financial subjects and literacy to students as a pathway to professional and career success.
In a press briefing, the Country Head of ACCA Nigeria, Mr Thomas Isibor, said, the competition is scheduled to be held on November 4 and 18, 2023, and would take place in Lagos, Abuja, and Port Harcourt, and each region would be represented by 10 schools.
The national winner will get two million naira, including a capacity development session for the school’s staff. The first runner-up receives one million naira, and the second runner-up gets 500,000 naira, all to be shared among students and teachers.
According to Isibor, the objective of the competition was to contribute to the development of the finance and accountancy profession and to provide internships for students and capacity development for partner schools.
“ACCA has been providing support for leaders in Nigeria and secondary school students who are future leaders in developing finance capabilities and engagement initiatives to collaborate with schools.
“It is important to get our children interested in finance more and create that financial awareness,” he said.
The Chief Executive of Supreme Education Foundation Schools and Chairperson of the Advisory Committee of SSFC, Mrs Olubukola Adewuyi, said the competition was trigged by what more can ACCA do in catching students young if from secondary school our children begin to find their path clearly on time, there is an assurance of what our fiancé future in Nigeria would be like.
Adewuyi said, “I believe there is a need to catch them young and I am excited that ACCA is starting this competition early, I wish more associations will think about it.
“I think it is also future relevant for the students because it is a life skill that will be of good use to them.”
Also speaking, the Director of The New Synergy Specialist and Chairperson of Project Delivery Committee, ACCA Secondary School Finance Competition 2023, Mr Olusola Olowoyeye, said, organising this quiz competition was the best idea and would be sustainable and would take us to that future.
“As the chairperson of this committee, the committee will be preparing the content in term of developing financial related questions and current affairs questions that relate to financial matters to develop the future leaders that we are going to build,” he disclosed.