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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Business > QNET Trains 750 Youths In Financial Literacy
Business

QNET Trains 750 Youths In Financial Literacy

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Last updated: September 28, 2023 8:27 am
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3 years ago
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In a significant partnership, QNET, the e-commerce giant, has joined forces with Transblue Nigeria Ltd. to empower more than 750 young individuals through financial literacy training in the second phase of its corporate social responsibility initiative known as FinGreen.

During the graduation ceremony of the 25 FinGreen Ambassadors in Lagos, Mr. Akeem Ajisafe, the Managing Director of Transblue Nigeria Ltd., highlighted the success of this initiative. These ambassadors underwent interactive workshops and a train-the-trainer approach, equipping them with the skills needed to educate over 750 youths in essential financial principles using a peer-to-peer teaching model.

Ajisafe praised the support provided by Financial Literacy for All (FLFA), the program’s content and training partner, which developed all the training materials and conducted the Training of Trainers (ToT) workshop for the 25 alumni. Additionally, the implementation partner, Consumer Advocacy and Empowerment Foundation (CADEF), played a crucial role in recruiting, assessing, and monitoring the participants’ progress to ensure they achieved their learning goals.

Ajisafe stressed the growing demand for job opportunities among Nigerian youths to stimulate economic growth. He emphasized that a significant portion of the Nigerian population faces financial challenges and has limited avenues for income generation. Through FinGreen, the mission is to impart a comprehensive understanding of how financial literacy profoundly impacts lives, empowering those who receive training to educate others.

The ambitious goal is to train over six thousand youths using the train-the-trainer approach. The program will also recognize and motivate participants with awards and gifts, with the top three FinGreen Alumni receiving financial rewards of N1,000,000, N750,000, and N500,000, respectively.

Mr. Laja Shoniran, the Executive Director of Financial Literacy For All (FLFA), emphasized the importance of financial literacy in making informed financial decisions and preventing costly mistakes. He noted that programs like FinGreen would encourage financial prudence and provide practical insights into budgeting, savings, investment, and entrepreneurship.

Prof. Chiso Ndukwe-Okafor, the Executive Director of Consumer Advocacy and Empowerment Foundation (CADEF), described the program as an incredible opportunity for participants to not only learn about financial literacy but also reorganize their thought processes, accumulate wealth, and leave a positive legacy in their communities.

The graduation ceremony saw Temitope Adesemowo recognized as the overall best performer, with Olayinka Olanrewaju and Chikwere Nwosu securing the second and third prizes, respectively, for their exceptional performance during peer-to-peer training.

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