Minister Vosarogo: Financial Literacy Is Vital For 'Landowners'

“These landowners look at ways of investment of that royalty payment so that the principal amount remains and villagers and landowning units can feed off from dividends,” he said.

Wednesday 25 January 2023 | 15:50

Naibulu mine in Dreketi. Photo: Sampras Anand

Naibulu mine in Dreketi. Photo: Sampras Anand

Financial literacy is a vital money management skill that landowners must acquire to ensure the prosperity of village developments.

This was the message by the Minister for Lands and Mineral Resources, Filimoni Vosarogo, while visiting the Nawailevu bauxite site in Bua last week.

Mr Vosarogo claimed there were challenges in trying to educate landowners to better utilise their royalty payments in village developments.

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 Story by: sampras.anand@fijisun.com.fj