The National Association of Microfinance Banks, FCT Chapter, has urged students to imbibe the habit of savings.

A statement said while speaking during a corporate social responsibility outreach at the Government Secondary School Area 11 Garki, the Chairperson of NAMB and Chief Executive Officer, Hasal MFB, Nwanna Joel-Ezeugo, encouraged financial literacy among students, and educated them on the importance of savings and investment.

“We want to talk to them to remain focused in their schooling because if they do that they will be able to be good citizens,” she said

She added that the association also donated school materials worth N1.3m to the students to ease their academic learning.

According to her, “It is from all the microfinance banks in the FCT. If we are doing it individually the impact may not show; that is why we are doing it collectively. We want to impact the little we can on the lives of the children to be better citizens.”

The Vice Chairman of NAMBS and Chief Executive Officer, Prudent MFB, Sir Francis Akie, said the outreach was to bring its products close to the children, for them to understand and know it is good to save at tender age.

The Chief Executive Officer of MicroBiz MFB, Joe Onyeabor, said microfinance banks were the closest bank to the people, and want to relate with students to ensure they were exposed to financial literacy and inclusion very early in life.

On his part, the Chief Executive Officer of Fedeth MFB, Joseph Oyibo, said over 500 students were targeted on the outreach.

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