The Federal Competition and Consumer Protection Commission, FCCPC, has said that an improved knowledge of digital finance will help young consumers position themselves for a greater future.
The Executive Vice Chairman of FCCPC, Mr Babatunde Irukera, stated this at the 2023 National Young Consumer Contest Awards on Thursday in Abuja.
Irukera noted that digital markets would take over the future hence the need for young consumers to acquaint themselves of what it entailed.
He said the theme of the contest, ‘Fair Digital Finance,' was to direct young consumers attention to their future.
”The future belongs to the young people in Africa. Digital finance, digital markets are what will dominate the future.
“The thing big companies are interested in now are the young people. They want to know what the young ones like because the knowledge lies their profitability.
”We cannot catch up with the rest of the world by building new schools. The way of instructions are going to be digital,” he said.
