{"id":1176,"date":"2014-03-19T14:57:00","date_gmt":"2014-03-19T14:57:00","guid":{"rendered":"https:\/\/www.ubagroup.com\/57-marina\/2014\/03\/19\/phillips-oduoza-calls-on-parents-to\/"},"modified":"2020-09-02T18:32:43","modified_gmt":"2020-09-02T18:32:43","slug":"phillips-oduoza-calls-on-parents-to","status":"publish","type":"post","link":"https:\/\/www.ubagroup.com\/57-marina\/phillips-oduoza-calls-on-parents-to\/","title":{"rendered":"Phillips Oduoza calls on parents to encourage their kids to be financially smart"},"content":{"rendered":"<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Phillips Oduoza,<br \/>\nthe Group Managing Director of United Bank for Africa (UBA) Plc, has called on<br \/>\nparents to ensure that their children become financially smart at an early age<br \/>\nstating that &#8220;Financially smart kids will become wealthier adults&#8221;.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\"><a style=\"margin-left: 1em; margin-right: 1em;\" href=\"https:\/\/www.ubagroup.com\/57-marina\/wp-content\/uploads\/sites\/4\/2014\/03\/Financial-Literacy.jpg\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.ubagroup.com\/57-marina\/wp-content\/uploads\/sites\/4\/2014\/03\/Financial-Literacy.jpg\" width=\"640\" height=\"282\" border=\"0\" \/><\/a><\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\"><\/div>\n<div class=\"MsoNormal\" style=\"line-height: 150%;\"><span style=\"font-size: 11pt; line-height: 150%;\">Kogi<br \/>\nState Governor, Captain Idris Wada; GMD\/CEO, UBA Plc, Mr. Phillips Oduoza,<br \/>\nofficials of Kogi state and UBA with students of Crowther Memorial \u00a0College<br \/>\nLokoja, during financial literacy training programme for students, an<br \/>\ninitiative of CBN, held in Lokoja<\/span><\/div>\n<div class=\"MsoNormal\" style=\"line-height: 150%;\"><b><span style=\"font-size: 11pt; line-height: 150%;\">\u00a0<\/span><\/b><\/div>\n<p>&nbsp;<\/p>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">He gave the advice<br \/>\nwhile teaching students of Crowther Memorial College, Lokoja, Kogi State,<br \/>\nfinancial literacy skills, taking them through\u00a0 the basics of savings, budgeting, pensions,<br \/>\ninsurance and investments.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">&#8220;When we were<br \/>\ngrowing up, no one thought us about money. We were thought biology, physics,<br \/>\nchemistry, economics, but nothing about money. Yet we all grow up realizing<br \/>\nmoney is something we have to deal with everyday. That is why the Banker&#8217;s<br \/>\nCommittee of the Central Bank of Nigeria, decided to embark on this<br \/>\ninitiative.&#8221;\u00a0 Oduoza said.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Oduoza also<br \/>\nexplained that UBA decided to come to Lokoja to carry out its financial<br \/>\nliteracy training because it realizes such education should not be restricted<br \/>\nto students in the big cities only. He advised the students to take an interest<br \/>\nin knowing about money as it will make them better adults in future.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Also speaking at<br \/>\nthe occasion, Captain Idris Wada, the Governor of Kogi State, commended the GMD<br \/>\nfor taking time off his very busy schedule to personally come to teach the<br \/>\nstudents financial literacy skills.<br \/>\nHe\u00a0\u00a0 commended UBA, the Central<br \/>\nBank of Nigeria (CBN), and the Bankers Committee for taking on the initiative<br \/>\nof introducing students to financial concepts.<\/span><\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\"><a style=\"margin-left: 1em; margin-right: 1em;\" href=\"https:\/\/www.ubagroup.com\/57-marina\/wp-content\/uploads\/sites\/4\/2014\/03\/Financial-Literacy2.jpg\"><img decoding=\"async\" src=\"https:\/\/www.ubagroup.com\/57-marina\/wp-content\/uploads\/sites\/4\/2014\/03\/Financial-Literacy2.jpg\" width=\"640\" height=\"424\" border=\"0\" \/><\/a><\/div>\n<div class=\"MsoNormal\" style=\"line-height: 150%; margin-bottom: 10.0pt;\"><span lang=\"EN-GB\" style=\"font-family: 'Century Gothic', sans-serif; font-size: 11pt; line-height: 150%;\">GMD\/CEO, UBA Plc, Mr. Phillips Oduoza; MD, UBA<br \/>\nFoundation, Ms Ijeoma Aso; Regional Bank Head, Central, UBA Plc, Mr. Ibrahim<br \/>\nPuri with students of Crowther Memorial College, during financial literacy<br \/>\ntraining programme for students, an initiative of CBN, held in Lokoja\u00a0<b><\/b><\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">&#8220;There is no<br \/>\ndoubt that this initiative will create a generation of adults who will have a<br \/>\nbetter understanding of money, how to make money and most importantly, how to<br \/>\nmanage it.&#8221; The Governor said.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">The governor<br \/>\nexplained that he personally attended the training because of the priority his<br \/>\ngovernment places on education. <\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">He disclosed that<br \/>\nUBA\u2019s contribution to education development in the state has been significant<br \/>\nand called on other financial institutions in the state to contribute to the<br \/>\neconomic development of the state. <\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Earlier, Ijeoma<br \/>\nAso, the MD\/CEO, UBA Foundation, donated several copies of literature books to<br \/>\nCrowther\u00a0 Mermorial College under the UBA<br \/>\nFoundation&#8217;s Read Africa Initiative.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">She asked the<br \/>\nstudents to ensure that they read at least one book a month, so that they will<br \/>\nread a minimum of 12 books in a year.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Also speaking, Mrs<br \/>\nGrace Elebiyo, the commissioner education, Kogi State, commended UBA for coming<br \/>\nto the school to educate the children on financial issues. He said that the<br \/>\ninitiative will have a long term impact on the well being of the students in<br \/>\nfuture.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">She advised that<br \/>\nthe students to imbibe the culture of savings and investing at an early age.<br \/>\nShe also called on the bank to spread financial literacy education to all<br \/>\nschools in Kogi State, so that more students will be exposed to financial<br \/>\nknowledge while requesting that UBA collaborate with the State in developing a<br \/>\nfinancial literacy curriculum for schools.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Oduoza took time<br \/>\nafter his lecture to answer questions from the students.<\/span><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">\u00a0<\/span><\/div>\n<div class=\"MsoNormal\"><\/div>\n<div class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-family: 'Century Gothic','sans-serif'; font-size: 14.0pt; line-height: 115%;\">Students asked<br \/>\ndifferent questions different aspects of finance bordering on savings, the<br \/>\ndifference between needs and wants, pensions, how to better manage their pocket<br \/>\nmoney which the UBA GMD provided answers. \u00a0<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Phillips Oduoza, the Group Managing Director of United Bank for Africa (UBA) Plc, has called on parents to ensure that their children become financially smart at an early age stating that &#8220;Financially smart kids will become wealthier adults&#8221;. Kogi State Governor, Captain Idris Wada; GMD\/CEO, UBA Plc, Mr. Phillips Oduoza, officials of Kogi state and [&hellip;]<\/p>\n","protected":false},"author":38,"featured_media":1356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[325],"class_list":["post-1176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lion-king","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Phillips Oduoza calls on parents to encourage their kids to be financially smart | UBA Lion King Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ubagroup.com\/57-marina\/phillips-oduoza-calls-on-parents-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phillips Oduoza calls on parents to encourage their kids to be financially smart\" \/>\n<meta property=\"og:description\" content=\"Phillips Oduoza, the Group Managing Director of United Bank for Africa (UBA) Plc, has called on parents to ensure that their children become financially smart at an early age stating that &#8220;Financially smart kids will become wealthier adults&#8221;. 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