Foundation, Asset Mgt firm collaborate on financial literacy training for corps members

The PAC Foundation and PAC Asset Management (“PACAM”) have collaborated on a financial literacy training programme for over 600 National Youth Service Corps (NYSC) members as part of activities marking the 2025 World Savings Day.

The training programme took place at the Eti-Osa Local Government Secretariat, Victoria Island, Lagos. The event, themed “Smart Savings and Investment for a Sustainable Future,” equipped young Nigerians with practical knowledge and tools to strengthen their budgeting, savings, and investment habits. Through interactive presentations, baseline and endline surveys, Q&A sessions, and on-site investment onboarding, the programme addressed gaps in financial awareness and encouraged long-term financial planning among youths.

Speaking on the significance of the initiative, Oluwayomi Tobi-Ayegun, Programme and Evaluation Manager at PAC Foundation, said:

“Empowering young people with the skills to manage their finances today helps shape a more secure future for them and for our nation. Many of the corps members entered the session with limited financial knowledge, but by the end, they demonstrated stronger confidence and readiness to adopt healthier financial habits. This is exactly the kind of transformative impact we aim to achieve.”

The programme recorded strong engagement from participants despite challenges such as limited time and high turnout. Survey results revealed notable improvements in participants’ understanding of budgeting techniques, savings discipline, and investment options. Participants also shared positive feedback, describing the session as “insightful,” “enlightening,” and “impactful.”

According to Omolola Ojo, Executive Secretary of PAC Foundation, “Financial literacy is a cornerstone of economic empowerment, especially for young Nigerians navigating uncertain financial climates. Our collaboration with PACAM and NYSC continues to demonstrate the importance of investing in youth capacity-building. We remain committed to providing more opportunities and resources that will help them build a financially secure future.”

Speaking on the partnership, Oladayo Kelani, PACAM Presenter, stated that, “Our goal at PACAM is to demystify investment for young people and show them that they don’t need large sums of money to get started. The enthusiasm we saw from the corps members shows that with the right guidance, young Nigerians are ready to embrace smarter financial decisions. We are proud to partner with PAC Foundation to make investment knowledge accessible and practical for the next generation.”

The program also highlighted key barriers young people face in adopting strong financial habits, including low allowances, high cost of living, and limited prior financial exposure. The Foundation recommended smaller-group sensitization sessions, extended engagement time, and follow-up investment clinics to deepen impact.

One of the participants who asked to be anonymous said, “This session opened my eyes to how simple budgeting and saving can be when you understand the right steps. I used to think investing was only for people with big salaries, but now I feel confident to start small and grow gradually. I really appreciate PAC Foundation and PAC Asset Management for bringing this knowledge to us.”

The World Savings Day Sensitization Programme reinforces PAC Foundation’s mission to empower underserved communities, especially young people, with the knowledge and tools needed to achieve financial stability and long-term economic growth.

SENIOR ANALYST - REAL ESTATE

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