financial education to be included in basic education curriculum
The joint admission matriculation board (JAMB) has proposed the scrapping of a uniform cut off mark for admitting candidates into the Nigerian Universities.
The board in a statement by its registrar, Professor Ishaq Oloyede, called for a national debate on whether or not the uniform cut off mark should be retained.
Jamb, however, advocated that each of the universities be allowed to set up its own cut-off mark, to determine the kind of students it wanted.
Arguing that it was wrong to subject all the universities to the same cut-off mark, jamb said it is affecting the distribution of resources, as the children of the rich have the option of going abroad for study.
Jamb said the scrapping of uniform cut-off mark would enable universities to be noted for their individual quality.
Meanwhile, students in the country’s primary and secondary school system are to be taught financial education.
The inclusion of the financial education is the brainchild of the central bank of Nigeria and the Nigeria Education research and development council (NERDC).
Executive secretary of NERDC, Professor Ismail Jinadu, who made this known to newsmen on the side-line of a workshop on the issue in Lagos, said arrangement has been finalized for the inclusion of the financial education in the schools’ curriculum.
He explained that the proposed curriculum would include theme such as credit, money, savings, deposit insurance, capital market, pension, planning and budgeting, financial landscape and entrepreneurship