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Lagos Govt. takes financial literacy, inclusion drive to Badagry community

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Lagos Govt. takes financial literacy, inclusion drive to Badagry community

Participants at a financial literacy workshop for women of Araromi-Ale, Badagry on Thursday

Finance

Lagos State Government has expressed commitment to ensuring financial literacy and inclusion in rural communities.

The state’s Office of Sustainable Development Goals (SDGs) on Thursday  organised a workshop for women in Araromi-Ale, a rural community in Badagry

The Voice Media Trust (VMT NEWS) reports that the workshop was organised in partnership with Paycom (Opay), Cowrywise,  Lagos State Residents Registration Agency  and  National Identity Management Commission.

Dr Oreoluwa Finnih-Awokoya , the Special Advicer to Gov. Babajide Sanwo-Olu on SDGs and Investment,  said at the event that it was important to educate women on financial literacy as a strategy to empower them.

“We are here as part of the human capital project to promote financial literacy and inclusiveness for women in hard-to-reach communities.

“Basically, what we do is to ensure that these women have access to a lot of digital and financial services.

“We still have women in 2024 keeping money under their beds, inside  underwear.

“It is not sustainable because they need to have that digital inclusion access, our able Gov. Babajide Sanwo-Olu has mandated that no one is left behind.

“That is why we have partnered with those who are in charge of finances; they will teach them how to grow, save and invest their money,” she said.

The official said that economic empowerment would enable the women to do many things for themselves.

“We also brought Opay to help them  to open accounts. They are given on-the-spot ATM cards,” she said.

VMT NEWS reports that no fewer than 100 women in the community participated in the workshop.

Mr Temitope Agemo, the Head (Baale) of Araromi-Ale, commended the Lagos State Government for the initiative.

“This will help to educate our women about financial literacy.

” Most women don’t like to go out, this programme will help to get them enlightened.

“We want more of this programme to help members of our community to safekeep  and manage their funds,” he said.

A widow and one of the participants, Mrs Hephzibah Linus,  said she had  phobia for going to  banks but had been encouraged through the workshop.

” Since I lost my husband in a banking hall during the no-cash incident in 2023, I couldn’t imagine going to a banking hall,” she said.

Fifty-one-year-old Mrs Bernice Balogun thanked the worshop organisers for the opportunity.

” I have never had an account number, I’m looking forward to having one,” she said.

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