# Introduction to Money | Uses of Money | Change Naira into Smaller Units | Change Naira to kobo Primary 2 (Basic 2) Term 3 Week 1 Mathematics

### MATHEMATICS

THIRD TERM

WEEK 1

PRIMARY 2

THEME –  PRIMARY MEASURES

PREVIOUS LESSON – Exam Questions – Second Term Examination Mathematics Primary 2 (Basic 2) Link

### LEARNING AREA

1. Introduction (Skip Count)

2. Uses of Money

3. Types of Money and Bank Notes

4. Change ₦100 into Smaller Units

5. Change Naira to Kobo and Vice Versa

6. Lesson Evaluation and Weekly Assessment (Test)

### PERFORMANCE OBJECTIVES

By the end of the lesson, most pupils should have attained the following objectives –

1. skip count in 2s, 3, 5 and 10s from 450 to 470.

2. enumerate the uses of money.

3. recognize all types of Nigerian coins and bank notes.

4. change money up to ₦100 into small units and shop with money not greater than ₦100.

### RATIONALE

Money is any object that can be acceptable as a medium of exchange. That’s, money used for buying goods or make payment for goods and services. The object(s) used as money must be recognized. Money is used for buying goods or make payment for goods and services.

In Nigeria, money is recognized as kobo and naira. The relationship between kobo and naira is 100k = ₦1. Money includes coins and bank notes.

The concept of money will enable the pupils to recognize the object(s) of money, appreciate the uses of money and relationships between kobo and naira.

### ENTRY BEHAVIOUR

The pupils can recognize all types of Nigerian coins and bank notes.

### INSTRUCTIONAL MATERIALS

The teacher will teach the lesson with the aid of:

1. Nigerian coins and bank notes.

2. Chart of coins and bank notes.

3. Various articles with price tag less than ₦5.

### METHOD OF TEACHING

Choose a suitable and appropriate methods for the lessons.

Note – Irrespective of choosing methods of teaching, always introduce an activities that will arouse pupil’s interest or lead them to the lessons.

### REFERENCE MATERIALS

1. Scheme of Work

2. 9 – Years Basic Education Curriculum

3. Course Book

4. All Relevant Material

5. Online Information

### LESSON 1 – INTRODUCTION

ACTIVITY 1 – COUNTING 401 – 470

401   402    403   404   405   406   407   408  409   410

411   412   413   414   415   416   417   418   419  620

421   422   423   424   425   426   427   428   429  430 up to 470

ACTIVITY 2 – SKIP COUNT 2s

Count in 2s

2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22, 24, 26, 28, 30, 32, 34, 36, 38, 40, 42, 44, 46, 48, 50.

Also, count in 2s starting from 450 – 470.

450, 452, 454, 456, 458, 460, 462, 468, 470.

ACTIVITY 3 SKIP COUNT 3s

Count in 3s,

3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36, 39, 42, 45, 48.

Also, count 3s by starting from 450 – 470,

450, 453, 456, 459, 462, 465, 468, 471.

ACTIVITY 4 – SKIP COUNT 5s

Starting from 5 to 50

5, 10, 15, 25, 30, 35, 40, 45, 50, 55, 50.

Also, count in 5s by starting from 450 – 470.

450, 455, 460, 465, 470.

ACTIVITY 5 – SKIP COUNT 10s

Starting from 10 to 50

10, 15, 20, 25, 30, 35, 40, 45, 50

Also, start counting from 400 – 470.

400, 410, 420, 430, 440, 450, 460, 470.

CLASS EXERCISE

1. Count in 2s starting from 450 – 470.

2. Count in 3s starting from 450 – 470.

3. Count in 5s starting from 400 – 470.

4. Count in 10s start from 300 – 470.

### LESSON 2 – INTRODUCTION TO MONEY

ACTIVITY 1 – RECOGNITION OF NIGERIAN CURRENCY

Teacher organizes pupils in groups or pairs depending on the size of the class to,

• identify different domination of naira such as ₦1000 ₦500 ₦200 ₦100 ₦50 ₦20 ₦10 ₦5 notes. Other includes ₦1 and 50 kobo coins.
• state uses of money.
• mention the things money can buy.

ACTIVITY 2 – RELATIONSHIPS BETWEEN NAIRA NOTES NOT MORE ₦100

1. ₦100 NOTES

₦50 + ₦50 = ₦100

₦20 + ₦20 + ₦20 ₦20 + ₦20 = ₦100

₦10 + ₦10 + ₦10 + ₦10 + ₦10 + ₦10 ₦10+ ₦10 + ₦10 + ₦10 = ₦100

Two or more of other denominations can be added together to give us ₦100.

2. ₦50 NOTES

₦20 + ₦20 + ₦10 = ₦50

₦10 + ₦10 + ₦10 + ₦10 + ₦10 = ₦50

₦5 + ₦5 + ₦5 + ₦5 + ₦5 + ₦5 ₦5+ ₦5 + ₦5 + ₦5 = ₦50

3. 20 NOTES

₦10 + ₦10 = ₦20

₦10 + ₦5 + ₦5 = ₦20

₦5 + ₦5 + ₦5 + ₦5 = ₦20

4. ₦10 NOTES

₦5 + ₦5 = ₦10

ACTIVITY 3 – CLASS EXERCISE

1. How many ₦50 makes ₦100?

2. How many ₦20 makes ₦100?

3. How many ₦10 makes ₦50?

4. ₦10 + ₦5 + ₦10 + ₦5 =

5. Change ₦20 and ₦10 into smaller units using ₦10 and ₦5.

1. 2

2. 5

3. 5

4. ₦30

5. ₦10 + ₦10 = ₦20, ₦5 + ₦5 + 10 = ₦20, ₦5 + ₦5 + ₦5 + ₦5 = ₦20 and ₦5 + ₦5 = ₦10

### LESSON 3 – NAIRA NOTES AND COINS

ACTIVITY 1 – INTRODUCTION

Nigerian currencies are made of notes and coins.

The notes are ₦1000 ₦500 ₦200 ₦100 ₦50 ₦20 ₦10 ₦5 notes.

The coins are ₦1, ₦2 and 50k.

₦ stands for naira while K stands for kobo.

Note – Kobo are no more in circulation but you get it at nearest bank for academic purposes. Guide the pupils and let them kobo is Nigerian money.

ACTIVITY 2 – NAIRA (₦) AND K (KOBO)

₦1 = 100 kobo

100 kobo = ₦1

WORKING EXAMPLES

1. 100k = ₦1

2. 100 + 100k = ₦2

3. 100 k + 100k + 100k

= ₦1 + ₦1 + ₦1

= ₦3

4. 5k + 10k = 15k

5. ₦1 + 5k

= 100k + 5k

=105k or ₦1.05k

ACTIVITY 3 – WORD PROBLEMS INVOLVING MONEY

WORKING EXAMPLES

1. One naira five kobo = ₦1.05k or ₦1.05

2. Two naira ten kobo = ₦2.10k or ₦2.10 or ₦2.1

3. Three naira fifty kobo = ₦3.50k or ₦3.50 or ₦3.1

Note – A dot used to merge naira and kobo together. For example, ₦1.05k, ₦2.10k, ₦3.50k, etc.

ACTIVITY 4 – CLASS EXERCISE

Change the following into Naira or Kobo

1. ₦1 = ____ k

2. 150k = ₦___.___k

3. ₦3 = ____k

4. 10k + 5k – 3k = ____k

5. Five naira five kobo = ₦___.___k

6. Two naira ten kobo = ₦___.___k

7. Three naira fifty kobo = ₦___.___k

### LESSON 4 – SHOPPING CORNER

Teacher organizes shopping corner make of Items and their price tag not more than ₦100.l for the pupils to demonstrate the art of buying and selling.

LESSON 5 – REVISION AND WEEKLY ASSESSMENT (TEST)

### PRESENTATION

To deliver the lesson, the teacher adopts the following steps:

1. To introduce the lesson, the teacher revises the previous lesson. Based on this, he/she asks the pupils some questions;

2. Teacher organizes pupils in groups or pairs depending on the size of the class.

3. Teacher displays sample of Nigerian currency with different denominations.

4. Teacher lets pupils identify each of the denomination and state the uses of money.

Pupil’s Activities – Analyze the uses of money in their communities.

5. Teacher uses the money and pupil’s responses to introduce the lesson and discuss the uses of money.

Pupil’s Activities – Pay attention to the lesson introduction to understand the concept of the lesson.

6. Teacher displays sample of Naira notes and coins and asks pupils to differentiate between the notes and coins.

Pupil’s Activities – Differentiate between the notes and coins.

7. Teacher uses the currency not more ₦100 to guide the groups or pairs to change the currency into smaller units.

8. Teacher guides pupils to identify the relationships between naira notes and coins.

Pupil’s Activities – Change ₦100 to smaller unit.

9. Teacher organizes a shopping corner with the classroom with various articles and their price tags not more than ₦100.

10. Teacher lets pupils make a list of items and their price.

11. Teacher uses the items and their price tag to organize pupils to demonstrate the art of buying and selling.

Pupil’s Activities – Shop with ₦100.

12. Teacher summarizes each of the lesson on the board with appropriate lesson evaluation.

Pupil’s Activities – Participate actively in the summary of the lesson by responding correctly to the questions and write as instructed.

### CONCLUSION

To conclude the lesson for the week, the teacher revises the entire lesson and links it to the following week’s lesson.

### LESSON EVALUATION

1. list 5 uses of money.

2. recognize and identify given Nigerian coins and bank notes.

3. collect correct change from buying an article from the class shop.

4. differentiate between notes and coins.

6. demonstrate the art of buying and selling.

### ATTEMPT ALL THE QUESTIONS

1. _________ is used for buying or making payments for goods and services.

A. Money

B. Naira

C. Kobo

2. Naira and kobo are _________ in Nigeria.

B. Goods

C. Money

3. The relationship between naira and kobo is written as _________.

A. 100k = 1

B. 100k = ₦1

C. ₦1 = 100

4. _________ is the symbols for naira and kobo.

A. Kobo and Naira

B. Naira and kobo

C. ₦ and k

5. _________ is used to merge naira and kobo.

A. A dot

B. A mark

C. A comma

6. ₦2 is equal to ____k.

A. 20k

C. ₦20

C. 200k

7. 100k is equal to ₦____

A. ₦1

B. 1k

C. 1

A. Pepsi

B. Two Biscuit

C. One pure water

9. ₦10 + ₦5 = ₦___

10. ₦10 + 5k = ₦___.___k