The Adamawa State government has expressed appreciation to the Nigeria Deposit Insurance Corporation (NDIC) for its sustained efforts in imparting entrepreneurship knowledge and skills to students and youths in the state.
The commendation came from the Commissioner of Education and Human Capital Development, Dr Umar Pella, during a sensitization event for 100 secondary school students from 10 schools in Yola.
Dr. Pella, represented by Simnawa Geoffrey, the Chief Admin Officer in the Ministry of Education, lauded the NDIC for its commitment to equipping students with essential life skills and empowerment.
He emphasized the significance of such knowledge, stating that its benefits are invaluable for the student’s future success.
The sensitization event focused on the importance of savings for a better tomorrow, aligning with the theme of this year’s World Savings Day celebrated annually on October 31.
Victor Egba, the Zonal Coordinator of NDIC for Borno, Yobe, Adamawa, and Taraba States, highlighted the objective of the sensitization: to instil a savings culture among students and empower them for a prosperous future.
Egba explained that the theme, “Conquer Your Tomorrow Through Savings,” aims to cultivate a savings mindset among the youth.
He stressed the importance of planning for the future and encouraged students to consider where and how to save their money.
Egba reaffirmed NDIC’s commitment to protecting depositors’ funds, preventing bank failures, and ensuring that even in the event of failure, depositors are guaranteed payment.
On her part, Mrs. Ragina Dimlong, Deputy Director of NDIC, Abuja, assured that the establishment of NDIC by the Federal Government safeguards clients’ savings in banks, even in the face of bank failures.