Home News Winners emerge in ACCA competition for secondary school

Winners emerge in ACCA competition for secondary school

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Loyola Jesuit College has emerged as the national winner of the Secondary School Finance Competition organized by the Association of Chartered Certified Accountants.

Trinitate International School was the first runner-up, and the second runner-up was Rainbow College.

The winner of the competition received N2m, including a capacity development session for the school’s staff, while the first runner-up got N1m 500,000 and the second runner-up went home with N0.5m, all to be shared among students and teachers.

According to ACCA in a release, the competition is targeted at young finance talent, to promote financial subjects and literacy to students as a pathway to professional and career success.

The Managing Partner of WYZE Associates and Chair of the Audit Committee of ACCA Secondary School Finance Competition, Mr Femi Wright, said, “Joining today’s competition offers a chance to boost your knowledge, and financial literacy, and explore a rewarding career path in finance and accountancy. The profession values bright, enthusiastic individuals and provides excellent international career opportunities.”

The Lagos State Accountant-General and Permanent Secretary, State Treasury Office, Dr Abiodun Muritala, applauded ACCA for putting out the laudable programme.

Muritala said: “I am inspired and impressed but the only aspect that I need to say is that coming up next year ACCA should also involve public schools in the finance competition. You know, I attended a public school, and attained the position of the Accountant-General of Lagos State, you can just imagine.

“So, it shows that there are great people in the public school to please bring them on board and show they will be able to compete with these other fantastic students. I am indeed proud of that,” he added.

On his part, the Country Head of ACCA Nigeria, Mr Thomas Isibor, said, the objective of the competition was to contribute to the development of the finance and accountancy profession, to provide internships for students and capacity development for partner schools.

“ACCA has been providing support for leaders in Nigeria and secondary school students who are future leaders in developing finance capabilities and engagement initiatives to collaborate with schools,” he remarked.

Isibor added that it was important to get children interested in finance more and create that financial awareness.

Also, the Director of The New Synergy Specialist and Chairperson of Project Delivery Committee, ACCA Secondary School Finance Competition 2023, Mr Olusola Olowoyeye, said the committee had achieved its goals in engaging secondary school students across Nigeria in finance education.

“This initiative is a significant stride in advancing financial knowledge and awareness in Nigeria and Africa as a whole,” Olowoyeye added.

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