UBA Foundation, Slum2School boost children’s financial literacy

The UBA Foundation has partnered with Slum2School Africa to provide financial literacy education for underserved children and encourage a savings culture among young Nigerians.

A statement by the foundation on Wednesday said the initiative featured a practical workshop on money management for children.

It said a major highlight of the programme was the introduction of the Money Explorers Book, an interactive financial learning resource.

The book uses stories, games, activities, and practical exercises to simplify financial education and make learning enjoyable for children.

Participants were also introduced to the UBA Red Vault, a savings product designed to encourage healthy financial habits among children.

Speaking at the event, the Managing Director of UBA Foundation, Bola Atta, stressed the importance of exposing children to financial education early in life.

Atta said every child deserved the opportunity to dream bigger and plan better, regardless of social or economic background.

She said teaching children to understand money gives them confidence, choices and a better understanding of future opportunities.

According to her, the partnership with Slum2School Africa will help extend financial education to children who need it most.

Atta added that the excitement displayed by the children during the sessions highlighted the value of the initiative.

The workshop was supported by Slum2School officials, including the Senior Programmes Manager, Adekunle Idowu, and Education and Innovation Manager, Oluyemi Alugo.

Also, Segment Executive for Children and Youth Banking, UBA, Ozioma Obi, said the bank remained committed to raising financially responsible children.

Obi said the bank was creating products and experiences that make banking simple, relatable and enjoyable for children.

She said the Money Explorers Book and the UBA Red Vault were designed to make saving attractive and exciting for young people.

Idowu described financial literacy as an important life skill and said empowering children with financial knowledge would build a more financially responsible society.