Promotin Financial Literacy for Pople's Sustainable Socio-Economic Development in Nigeria: An Adult Approach
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Date
2018
Journal Title
Journal ISSN
Volume Title
Publisher
Institute of Education, University of Ilorin
Abstract
The need for financial literacy for every young Nigerian has now become necessary key approach in building an economic stability and viable and to promote individual livelihood status. The ability to read, analyze, manage, and communicate about the personal financial conditions that affect material wellbeing is of utmost importance. This paper discusses the concept of financial literacy from different authors perspectives and major issues relating to financial literacy were examined. It also examined the concept of sustainability development and the link between financial literacy and people's sustainability development were discussed. It was concluded that financial literacy enhance people knowledge of financial management prudency and communication thereby promoting their sustainable livelihood status. It was recommended among others that the Central Bank of Nigeria can do a lot to improve financial literacy education in Nigeria by working with provider of financial literacy education in the country to improve efficiency in the delivery of financial education programmes, increasing the awareness of the importance of personal financial education, promoting it and supporting seminar for teachers and facilitators on financial literacy education.
Description
Keywords
Promoting, Financial literacy, Sustainable development, Economics, Approach
Citation
Promoting, Financial literacy, Sustainable development, Economics, Approah