Nkwegu gave the advice in Okpoduma-Agbaja during the 15th thanksgiving anniversay of Regina Pacis Foundation, which is committed to providing economic empowerment to youths through skills acquisition.
According to him, financial education at secondary and tertiary institutions would help alleviate poverty as well as reduce unemployment in the country.
Nkwegu said that the nation’s educational curricula were designed to equip students with general knowledge without conscious effort to enhance inclusive financial education.
He added that education without financial knowledge was an exercise in futility, adding that financial knowledge was the ‘new money’.
According to him, the Ragina Pacis Foundation is a vocational training institute committed to entrenching hoslistic skills and financial education in youths to succeed in life.
“This useful skills are what the modern educational systems rarely give to today’s graduates. They acquire only general knowledge through scholastic education that cannot put food on their table.
“We aim at changing the mind-set that has kept the people poor. We know that God has deposited in every soul the seed of great future, but that seed will never germinate, much less grow to maturity, except through the rendering of useful service.
“Without specialised knowledge, the person will not acquire specialised skill to render useful service and without rendering of useful service, you may not earn any income or reward for self-sustenance,” he said.
Nkwegu said the foundation always believed that some people resort to illegal means of acquiring wealth because of ignorance and lack of financial education.
He said: “We are convinced that through financial education, one can acquire sustainable wealth through legitimate means.
“We share the belief that illegal means of wealth acquisition are as a result of ignorance and lack of financial education”.
Nigeria News Agency reports that the foundation which started in 2005 has trained hundreds of graduates in different vocational skills.
NAN also reports that the thanksgiving ceremony attracted dignitaries from different walks of life including immediate past governor of Ebonyi State, Chief Martin Elechi.
Edited by Ismail Abdulaziz (NAN)