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QNET unveils programme for equipping youths on financial literacy

QNET, a global e-commerce and direct selling leader, on Monday, unveiled the ‘Fin-Green’, a financial literacy programme aimed at equipping youths with knowledge for socio-economic empowerment.

Mr Biram Fall, Sub-Saharan African Regional Manager for QNET, made this known at the official launch of the Fin Green Programme in Lagos State.

Fall said  the programme was designed to impact critical financial management skills and knowledge by training young leaders and economic empowerment among the youths.

He said  the programme was in partnership with Financial Literacy for All (FLFA) aimed at making a long lasting impact on communities across the country.

According to him, financial independent will  help in reducing poverty in the country and impact on the growth of the economy.

“ Being financially literate today allows an individual to be better poised for certain financial roadblocks which in turn will  reduce the chance of economic distress.

“ This programme was developed because sustainability is a core pillar of our values at QNET and we aim to make a long lasting impact in the communities we operate in and looking at growing youth.

“It is important to ensure that the future and current generations have the requisite information needed to make empowered socio-economic decisions.

“We are committed in ensuring that we train the youths who in turn will  have an impact on others in the community and this will  cut across all corners,” he said.

Fall said that a total of 6,000 youths would be trained across the country, adding that 30 youths were being trained at the moment.

He noted that the programme would help address key issues that would ensure that poverty would be erased amongst youths in the country.

“The programme will  address some of the gaps that are major issues such as saving and investment, money management, banking, risk management and insurance.

“All these are important skills for financial inclusion and once they can be properly harnessed, it will help people especially youths for be financially stable,” he said.

Mr Abiodun Ajisafe, Managing Director, Transblue noted that the importance of early intervention in the sphere of financial education cannot be over emphasised.

He added that the programme would contribute to the availability of role models for the youths to provide guidance on money management and navigation through complexities of the financial sector.

“We know that there is  hunger for economic empowerment amongst our people but unfortunately, this hunger is often met with low levels of financial literacy that then leads to mistakes when making investments.

“It has also become imperative to protect consumers from unethical business practices and this is part of what FinGreen covers.

“It is also imperative to instill the right values, attitude and perceptions among young people than to change the habits and perceptions of older people,” he said.

Toluwani Shoniran, one of the participants, noted that the programme would help instill a better mentality that would translate to wealth creation.

“I’m glad to participate in this programme as this will  help in changing my mentality and ensure that I will be able to manage my finances,” she said.

Mr Olaniyi Anuoluwapo, another participant added that the programme was a welcome initiative that would help him to be financially sustainable.

The News Agency of Nigeria (NAN) reports that QNET is a global e commerce direct selling company that provides customers around the world with unique high quality products and services while allowing them to build a sales business by promoting these products.

It is a Hong Kong based multi level marketing company with distributors across the Middle East, South and East Asia, Africa, Central Asia and Europe.