24/10/2025
Many government officials don’t yet see forex as a structured profession, because their focus is usually on things like e-commerce, digital marketing, and general ICT. To them, forex is often misunderstood as gambling or a risky hustle.
At your meeting, you’ll need to bridge the gap and show that forex is actually part of the digital skills ecosystem, just like e-commerce or marketing.
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✅ What to Tell Lagos State Government
1. Forex is a Digital Skill
• Emphasize that forex is not gambling — it’s a global financial skill that teaches:
• Data analysis
• Risk management
• Financial discipline
• Digital literacy
• These are the same professional skills used by banks, fintech firms, and hedge funds worldwide.
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2. Forex Creates Jobs Just Like E-Commerce
• Just as e-commerce empowers youth to sell products online, forex empowers them to sell financial services and trade global currencies online.
• Both require: internet access, strategy, and digital tools. The difference is: forex connects directly to the global $7 trillion-per-day market.
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3. Forex Can Be Integrated into Their Existing Focus
• Suggest that forex be included as part of digital skill empowerment — not as a standalone risk, but as a professional training program with structure.
• Frame it as “Digital Financial Literacy” or “Global Online Work Opportunity” so it fits into their familiar categories.
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4. Risk vs. Professionalism
• Explain that many youths are already trading forex informally, but without training, they fall into scams or losses.
• If the government provides structured training and safe platforms, forex becomes a professional job pathway, not a gamble.
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5. Forex = Global Opportunity for Lagos Youth
• Lagos wants to be Africa’s tech and financial hub. Forex training prepares youth to:
• Work with global prop firms (foreign companies that fund skilled traders).
• Become financial analysts, trainers, and fintech innovators.
• Earn in foreign exchange, which also strengthens Nigeria’s economy.
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🔑 Talking Point for the Meeting
“Just as Lagos has embraced e-commerce and digital marketing, forex should also be recognized as part of the digital economy. Many young people are already participating in it informally. With proper government structure, forex can evolve from a misunderstood hustle into a professional pathway — creating jobs, boosting global competitiveness, and reducing unemployment.”
— Lasisi Oluwatosin, Signature Beyond Art Gallery
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