In a bid to empower Nigerian youths economically and redirect their focus from illicit activities, foreign exchange experts are urging the Federal Government to integrate forex trading, risk assessment, and financial management into the curriculum of the National Youth Service Corps’ Skills Acquisition and Entrepreneurship Department.
The call was made by Benson Jeffrey, the convener of the Forex Millionaire Expo, during a recent press conference held in Lagos. Jeffrey emphasized the pivotal role forex trading could play in providing financial empowerment for young school-leavers and graduates, particularly in the face of the current economic challenges.
Jeffrey stressed the need for practical skills that go beyond traditional education, stating that the government should incorporate forex as part of the NYSC project and learn money and risk management.
He further highlighted the increasing prices of commodities due to the depreciation of the value of the naira, underscoring how trading in foreign currency could help youths navigate the country’s economic challenges.
He stated that to navigate Nigeria’s economic challenges, one effective strategy is to acquire a currency stronger than the local one, such as the USD.
The experts believe that introducing forex education within the NYSC curriculum would not only provide valuable skills to the youth but also contribute to economic resilience in the face of currency fluctuations.
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