The Nigeria Deposit Insurance Corporation (NDIC) has begun the training of 100 students and teachers on imperative of bank savings in Adamawa.
NDIC’s Coordinator, Mrs Regina Dimilong said this at the inauguration of a one-day sensitisation exercise to mark the 2022 World Savings Day on Wednesday in Yola.
The theme of the Day is ‘Savings prepare you for the future.’
She said 89 students and 12 teachers drawn from 12 junior and senior secondary schools participated in the exercise designed to create awareness on imperative of bank savings.
According to her, NDIC is educating students to instill bank savings culture and financial discipline to enable them to become productive.
“I want assure you that NDIC is working assidiously to ensure stability of the banking sector by ensuring safety of customer deposits in commercial banks,” she said.
The Coordinator lauded the Federal Government and the Central Bank of Nigeria (CBN) for ensuring sanity in the banking sector in the country.
Earlier, Mr Faremi Tunde, NDIC’s Acting Controller in the state, enjoined the participants to imbibe the culture of savings in certified financial institutions, stressing that bank savings guarantees safety of deposits.
In his remarks, Malam Mohammed Muss, Principal, General Murtala Mohammed College, lauded the gesture, adding it would promote savings culture and enhance financial inclusion at the grassroots.