The PanAfrican Capital (PAC) Foundation has trained 100 biomedical students of the Nigerian Medical Laboratory Science Students Association (NIMELSA) at the Lagos University Teaching Hospital (LASUTH).
The Foundation, which is an arm of Pan African Capital (PAC) Securities, said the training was to build an army of sound financial literate youth population that would grow into the future as adults with sound skills in financial management to themselves, family and the society.
Programmes Officer (PAC), Joshua Dominic, said the organisation was committed to empowering young people and fostering positive societal change.
In a statement on Saturday, the organisation said: “Financial literacy is a crucial skill that can impact all aspects of a person’s life. We believe by equipping young people with this knowledge, we can help them build a secure and prosperous future.”
The statement said the training was appropriate especially now that times are tough and only those equipped with financial literacy could weather the storm calculatedly.
The Managing Director, PAC Securities, Charles Okonkwo said the foundation targeted students because “students face a unique set of financial challenges due to limited income and often a lack of financial literacy.”
Okonkwo emphasised the importance of developing good financial habits early on, including creating a budget, prioritising needs over wants, investing early, focusing on education and building valuable relationships.
He said: “By following these financial tips and developing good money habits early on, students can set themselves up for a successful financial future.”
President of the Nigerian Medical Laboratory Science Students Association (NIMELSA), LASUTH chapter, Oje Oluwide commended the PAC Foundation and PAC Securities for their financial literacy program.
“Our members were hungry for this knowledge,” Oluwide says. “The program provided valuable insights into saving, investing, and different investment options like stocks and bonds,” Oluwide said.
