Monopoly, a board sport, has brought on a recognition of financial literacy amongst scholars in Lagos State, SAMUEL AWOYINFA writes
Ten-year-old Blessing Umoh attends a faculty in Ajegunle, however her history paled into insignificance on Tuesday as she emerged winner of the maiden adaptation of the city of Lagos Inter-college Monopoly Tourney. Umoh, a Junior Secondary college 1 pupil of Caro Favoured college, Ajegunle, Lagos, beat sixty five different contenders to emerge triumphant in the tourney organised by using Bestman video games.
The competitors, which held at Terra Kulture on Victoria Island, attracted pupils from each public and private schools in the state.
the competition, held in numerous ranges, saw Umoh showing her thoroughness, diligence and skill to win the converted trophy. right from the preliminary stage, the lass showed her industry as she emerged from among the many 32 contenders in her team to become one of the six finalists in the competition.
Little wonder, on the final stage, the innocent looking however quick-witted Umoh, outsmarted the other finalists to win N.5m and a yr-lengthy meal voucher. Her success additionally earned her an enormous-measurement metropolis of Lagos Monopoly board.
whereas the organisers presented the board, First financial institution Nigeria %and candy Sensation equipped the cash and voucher respectively to the teen.
Umoh moments after her victory told our reporter amid sobs of joy, “i’m very happy. I never knew i would win but center of attention and resolution saw me via in the recreation. again, I imagine God helped me, as a result of I prayed within the morning prior to coming for the competitors.”
apparently also, destiny appeared to have played a task in her success. in line with her school and teammate, their teacher and leader nearly dropped Umoh for a extra experienced male participant.
She stated, “Our trainer thought of altering Umoh. He wished to exchange her with some other boy, but by hook or by crook he left her to take part within the contest.”
in the sport focused at promoting personal financial literacy amongst pupils, each and every of the contestants had $1,500 (monopoly greenback) to take a position with they usually had totally different funding options to display their trade acumen. in fact, they have been to spend their cash in any such means that on the end of the game, they would have recorded better value assets that deliver absolute best returns on funding.
So at the finish of the over 4-hour mind-tasking recreation of three rounds, spiced with historical past music and refreshment, Umoh had larger value property and more money to make investments than the opposite contenders.
Umoh stated, “the game has taught me easy methods to earn and make investments wisely. it can be in property or other companies.”
The lass, who desires to be a banker delivered, “for the reason that sport has taught me to speculate correctly, i’ll wish to be a banker. I wish to help folks to keep their money and endorse them on what they are able to do to generate more cash.”
She mentioned that her father, Israel Umoh, supported her dream of becoming a deft monopoly player.
aside from Umoh, a pupil of prime Grade Secondary faculty, Surulere, Ndu Godfrey, got here 2nd in the competitors, whereas Ayotunde Olaitan of Fountain Heights school, Lagos came third.
The 2nd prize-winner took dwelling an electronic pill backed with the aid of online retailer, Jumia while Olaitan obtained a-a hundred and eighty-day meal vouchers from 3 Cousins and a criminal BBQ.
the head tutor, Caro Favoured faculty, Mr. Chuks Ikem, savouring the success recorded by means of Umoh, referred to that people must stop taking a look down on those from Ajegunle, as a result of in keeping with him, the well-liked ghetto has produced many shining stars in schooling, sports activities and track, among different spheres of existence.
He admitted that he at the start was fearful when he saw scholars from highbrow colleges, but he needed to encourage his students to enter the game with self assurance.
He stated, “One factor I saw in Umoh was that she used to be determined. I taught 10 of them for one week. once we arrived right here and they started calling the names of faculties from intellectual areas of Lagos, I felt just a little bit shaky, but I instructed my pupils to be focused and decided. And on the finish of the day it paid off.”
the chief govt Officer, Bestman games, Nimi Akinkugbe, cited that for the reason that personal finance was once not taught in schools, the match would make scholars to imbibe the tradition of saving and investing correctly.
Akinkugbe, who stressed out the want to educate kids non-public finance, stated that it might assist in equipping them with the precise values.
She said, “town of Lagos version of Monopoly Inter-college tournament teaches students financial literacy. it is excellent to capture them young. they may be able to earn a living by means of doing vacation job, and they may be able to be trained to avoid wasting from their pocket money.
“Bestman video games is using this novel device to current some basic lessons in resource management by way of instructing pupils, especially in regards to the importance of monetary literacy and duty from an early age.
“Some individuals learn this very late in existence, and also you uncover that such people would have frittered away their fortune.”
the sport, which additionally dwells on selling sanity in Lagos, also has rewards for positive and terrible behaviour.
Akinkugbe has set a target for herself and those who need to beef up the initiative: to achieve out to one hundred,000 scholars with one hundred,000 monopoly boards throughout the usa.
amongst guests, who attended the experience, have been the first lady of Lagos, Mrs. Abimbola Fashola, an Assistant Director within the state Ministry of training, Mrs. Balogun Oluremi, Head, corporate Social Responsibilty, FBN, Mr. Ismail Omamegbe, Managing Director, sweet Sensation, Mr. Tunde Kamson, and administrators of Bestman games, Mr. Odein Ajumogobia, and Mrs. Ibukun Awosika.
the colleges that participated in the tournament embody Senior version school, Badore, The Apostolic Church Grammar school, Lagos, United Christian Secondary faculty, Lagos, Corona Secondary faculty, Agbara, Ogun State, Chalcedony faculty, Lagos and Ireti Secondary college, Lagos among others.
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