By Chioma Obinagwam
Global professional accountancy body, Association of Chartered Certified Accountants (ACCA), has received applause from stakeholders in the educational sector for organising the Secondary School Finance Competition once more aimed at nurturing future finance leaders.
Confiance News gathered from a press briefing held on Friday in Lagos.
According to the Country Head, ACCA Nigeria, Mr Thomas Isibor, the competition aims to foster
development of the finance and accountancy profession and to provide internships for students and capacity development for partner schools.
He said, “It is important to get our children interested in finance more and create that financial awareness.”
Reacting to the competition, the Chief Executive Officer (CEO) of Supreme Education Foundation Schools, Olubukola Adewuyi, commended ACCA for extending their campaign to secondary schools, which is a sign of better finance future for the country.
“I believe there is a need to catch them young and I am excited that ACCA is starting this competition early, I wish more associations will think about it,” she pointed.
Adewuyi, who is also the Chairperson – Advisory Committee, ACCA Secondary School Finance Competition 2023, added that the relevance of the finance skills cannot be over-emphasized as it is a life changing tool for future readiness.
Corroborating, the director, The New Synergy Specialist (TNSS) and Chairperson of Project Delivery Committee, ACCA Secondary School Finance Competition 2023, Mr Olusola Olowoyeye, said, “As the chairperson of this committee, the committee will be preparing the content in terms of developing financial related questions and current affairs questions that relate to financial matters to develop the future leaders that we are going to build.”
Isibor announced that the competition will take place on the 4th and 18th of November, 2023, and would take place in Lagos, Abuja, and Port Harcourt; adding that each region would be represented by 10 schools.
“The national winner will get two million naira, including a capacity development session for the school’s staff. The first runner-up receives one million naira, and the second runner-up gets 500,000 naira, all to be shared among students and teachers,” he disclosed.
The competition, which was first held in 2008, will also promote financial literacy and sharpen young finance talents, in addition to being a catalyst to their career success.
