Franklin Erebor, the Chief Credit Officer of UBA Africa, on Monday, June 17, advised African pupils on the importance of finance management, while engaging them on the need to plan for the future.
Erebo who was educating the students on financial literacy gave the advice when UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, joined the rest of the world to celebrate the International Day of the African Child.
He said, “You are not too young to start to plan for the future, as what you do now when you are young will impact greatly on you later in live. So it is essential that you have an account which should be well monitored to ensure that it fulfills the purpose.
“You need to be financially literate, as this will help to open your eyes to the opportunities inherent and help you make wise decisions to benefit from the investments,” Erebor said.
UBA’s Group Head, Human Resources, Mrs. Patricia Aderibigbe who welcomed the students explained that UBA Foundation centers on three key pillars: Education, Empowerment and Environment.
According to her, the bank, through its foundation, recognises the huge role that education and indeed a good reading culture has to play in the lives of the youth.
She said, “The UBA Foundation is committed to impacting the lives of the African youth across the continent. As a pan-African institution, we believe that the future of Africa lies in her youth. For this reason, UBA Foundation is actively involved in facilitating educational projects and bridging the literacy-wide gap on a pan-African scale.
“The UBA Foundation is helping to rekindle the dwindling reading and literacy culture amongst African youths as they pursue their education. Over time we have worked with various schools and educational institutions across the continent to ensure that the UBA Foundation continues to traverse the continent, contributing positively to the development of African youth, especially in the area of education,” she added.
Aderibigbe noted that the bank through its foundation, aims to make sustainable improvements in the lives of the needy and under-privileged by supporting entrepreneurship programmes, such as social entrepreneurship schemes which benefit the community at large.
The UBA top officials had a brief reading session where they read to the students and engaged them in reading a number of passages from select reading materials.
The International Day of the African Child is set aside by the United Nations to celebrate children in Africa. It recognizes the courage of students who marched for their right to better education in Soweto South Africa, and is marked annually on June 16th.
The Foundation brought together students from various secondary schools in Lagos to the Tony Elumelu Amphitheatre in the UBA Head Office.
Some schools which were represented at the event included Akande Dahunsi Memorial High School, Lagos; Government Senior College, Maroko, Aunty Ayo International School Ikoyi and Wahab Folawiyo Senior High School, Ikoyi.
The students were educated on various issues, ranging from financial literacy, importance of reading culture and nation building.