Experts identify financial literacy in children as solution to poverty

Experts have identified fostering of financial literacy in children at early stage as solution to breaking the cycle of poverty tormenting Nigeria as a country.

The experts who gathered at the maiden edition of children finance fair organised by Bestman Games and Money Matters With Nimi (MMWN) Consulting, yesterday, in Lagos, submitted that proper development in children is the most valuable long-term investment in the society.

Managing Consultant, The Daisy Management Centre, Mrs. Ibiai Ani, said parents must try and identify talents of their children so as to help them nurture, improve and become good at whatever they do, stating that it gives such child confidence and also builds the child’s character.

Ani said: “Children are our future, if we change how they think and do things, we can change Nigeria for better. The home is the first unit of the society, the values you teach your children go a long way in shaping an improved economy.

“There is much more to the character of a child, Children have talents aside academics. In Nigeria, although the environment is not what we want it to be, we have to try and make a change. Everyone needs to make effort to create enabling environment for our children to exhibit their talents and skills. Helping them to understand finances would change the way people think,” She said.