News
Prof. Enape Urges Nigerians to Embrace Financial Discipline to Avoid Post-Retirement Poverty
Caleb Ogar
A Renowned academic and finance expert, Professor Victoria Ayishetu Enape, has called on Nigerians to adopt sound financial management practices to avoid falling into poverty after retirement.
Speaking during her professorial reception and book launch in Abuja on Saturday, Enape warned that poor financial habits continue to push many Nigerians — including former high earners — into avoidable economic hardship.
Her new book, “Financial Literacy: Navigating Wealth in the 21st Century,” was formally presented at the event, which drew dignitaries from various sectors, including law, governance, and mining.
“I have seen people who once had status and influence become beggars. Civil servants retire after decades of service with nothing to show for it because they failed to plan,” Enape said. “That’s what inspired me to return to my core calling — helping people manage their finances effectively.”
Enape emphasized that building financial stability goes beyond earning a salary or owning a business. According to her, it requires strategic planning, disciplined saving, informed investing, and preparation for the future — all of which she has dedicated her career to teaching.
She also stressed the importance of intergenerational wealth education, urging parents and educators to equip young Nigerians with the tools to manage money responsibly.
“If we teach our youth to value money and build wealth early, we will leave a lasting legacy,” she said.
Presenting the new book, Sebastian Hon (SAN) praised Enape’s clarity of purpose and the boldness with which she addresses the sensitive subject of money management.
“What’s remarkable is not just her message, but the courage to deliver it — especially as a woman in a field where financial literacy is often overlooked. Her work reminds us that money management is about discipline, not gender or status,” he noted.
Also speaking, Mr. Simon Nkom, Director-General of the Nigeria Mining Cadastre Office and Chairman of the Occasion, said Enape’s advocacy aligns with Nigeria’s broader push for economic diversification, particularly in the solid minerals sector.
“Every state in Nigeria has mineral wealth. But unlocking that wealth demands more than resources — it demands financial intelligence, innovation, and discipline,” Nkom said, describing Professor Enape as a champion of accountability and transparency.
In her goodwill message, Mrs. Titi Abubakar, wife of the former Vice President, highlighted the need for early financial education at home. She encouraged parents to cultivate savings habits in their children using simple tools like coin boxes.
“When children open their savings boxes at the end of the month, it excites them. It teaches discipline. These early habits prevent financial struggles later in life,” she said.
Mrs. Abubakar also advocated for the use of age-appropriate financial literacy materials in homes and schools, noting that such resources can empower both children and adults.
Professor Enape’s renewed campaign for financial literacy comes at a critical time, as experts warn of increasing poverty and poor retirement planning among Nigerians. Her message — echoed by other speakers at the event — reinforces the urgent need for nationwide financial education and reform, beginning at both the individual and institutional levels.
News
Nigeria at 66: ‘We Must Not Lose Faith in Nigeria’ — FCC Boss Omidiran
Joel Ajayi
The Executive Chairman of the Federal Character Commission (FCC), Honorable Hulayat Motunrayo Omidiran, has called on Nigerians to use the occasion of the nation’s 66th Independence Anniversary to renew their faith in Nigeria, strengthen national unity and recommit themselves to building a more inclusive and prosperous country.
In her 66th Independence Day message, Hon. Omidiran described October 1 as more than a celebration of freedom, saying the anniversary provides an opportunity for Nigerians to reflect on the country’s journey, acknowledge its progress and challenges, and renew the collective determination to build a nation where every citizen has a sense of belonging.
According to the FCC Executive Chairman, the Federal Character Principle remains particularly important to the quest for national cohesion because equitable representation promotes a sense of ownership and confidence in the Nigerian project.
“Nigeria is a nation of great diversity and
enormous potential. Our responsibility is to ensure that this diversity becomes a bridge that connects us rather than a barrier that separates us. Every Nigerian deserves to feel that he or she belongs to this country and has a role to play in its development,” Omidiran said.
The FCC boss called on government institutions at all levels to remain committed to fairness, equity, accountability and inclusive governance, while urging citizens to support efforts aimed at strengthening national institutions and promoting peaceful coexistence.
“We must not lose faith in Nigeria. The challenges before us are real, but so are the opportunities and the enormous human and natural resources available to us. Every citizen has a responsibility to contribute his or her own quota to building the Nigeria we desire,” she stated.
The FCC Executive Chairman also urged young Nigerians to remain committed to acquiring knowledge and skills, entrepreneurship, innovation, sports and other productive ventures, describing the youth as critical stakeholders in the country’s future.
“As we celebrate 66 years of independence, let us remember that the Nigeria we want cannot be built by government alone. It requires the commitment of all of us – leaders and citizens, young and old, from every part of the federation. Together, we can build a Nigeria where justice, fairness, opportunity and peace are available to all,” she said.
Omidiran reaffirmed the FCC’s commitment to the effective discharge of its constitutional mandate and to supporting efforts that promote equitable representation and inclusive national development across the federation.
The former lawmaker wished Nigerians at home and abroad a peaceful and memorable 66th Independence Anniversary, praying for continued peace, stability, prosperity and progress for the Federal Republic of Nigeria.
“Our differences should never be greater than our common identity as Nigerians. Let us continue to choose unity over division, service over self-interest and hope over despair. The Nigeria of our dreams is possible if we all play our part,” Omidiran said.
“On behalf of the Federal Character Commission, I congratulate all Nigerians on this 66th Independence Anniversary. May this occasion renew our patriotism, strengthen our unity and inspire us to work together for a stronger, more equitable and prosperous Nigeria. May God bless the Federal Republic of Nigeria,” she added.
-
Featured7 years agoLampard Names New Chelsea Manager
-
Featured6 years agoFG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured7 years agoChildren Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured7 years agoNYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured5 years agoTransfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Featured7 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones
-
Sports4 years ago
TINUBU LAMBAST DELE MOMODU
-
News2 years agoZulu to Super Eagles B team, President Tinubu is happy with you
