# Introduction to Money | Uses of Money | Change Naira into Smaller Units | Change Naira to kobo | Weekly Assessment (Test) Primary 2 (Basic 2) – Mathematics

### MATHEMATICS

THIRD TERM

WEEK 2

PRIMARY 2

THEME –  PRIMARY MEASURES

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

### LEARNING AREA

1. Introductory Activities

2. Uses of Money

3. Types of Money and Bank Notes

4. Change ₦20 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 (cognitive, affective and psychomotor) and should be able to –

1. enumerate the uses of money.

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

3. change money up to ₦20 into small units and shop with money not greater than ₦20.

### 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 recognised. Money is used for buying goods or make payment for goods and services.

In Nigeria, money is recognised 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 recognise 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

### INTRODUCTORY ACTIVITIES

Teacher’s Activities – Display different denominations of money in Nigeria for the pupils to identify each denominations and state the uses of money.

Pupil’s Activities/Expected Responses – This is money. ₦1 000, ₦500, ₦200, ₦100, ₦50, ₦20, ₦10, ₦5 and 5k, 10k 25k and 50k. Money is used for buying things or something.

Note – Harmonize the pupil’s responses.

Teacher’s Remarks – Correct, money can be used for buying goods and making payments for goods and services. Group the pupils into 2 – 5 groups depending on the size of the class, let them to choose their leader and secretary.

GROUP WORK

Introductory Questions:

1. State Various articles with price tag ₦5 or less, if there is any.

2. How many ₦10 make ₦20?

Expected Responses – 2

3. How many ₦5 make ₦20?

Expected Responses – 4

4. How many ₦1 make ₦20?

Expected Responses – 20

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

Expected Responses – ₦10 + ₦10, ₦10 + ₦5 + ₦5 or ₦5 + ₦5 + ₦5 + ₦5.

Teacher’s Activities – Ensure that each member participate actively in the group work. Cold call any member in each group for presentation.

Teacher’s Remarks – Listen to group’s presentation, comments and celebrate their active participation.

QUICK EVALUATION

Repeat the group work as lesson evaluation.

Teacher’s Activities/Remarks – Check response and leave.

### LESSON 2 – NAIRA AND KOBO

ACTIVITY 1

Teacher’s Activities – Display different denominations of kobo for the pupils to identify and recognise as money in Nigeria.

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.

Pupil’s Activities/Expected Responses – Follow the teacher’s lead and response to the activities. For example, 5k, 10, 25k and 50k

Teacher’s Remarks – Good job you. There are types of money spent in Nigeria, naira and kobo. ₦ and kobo (k) are the standard units for Nigerian currencies. Ask the pupils to draw the symbol of naira and kobo as written on note and coin.

### NAIRA (₦) AND K (KOBO)

ACTIVITY 2

Teacher’s Activities – The relationship between naira and kobo is 100. Display chart showing ₦1 = 100 kobo and 100 kobo = ₦1 for the pupils to read loud and clear.

Pupil’s Activities/Expected Responses – One naira = Hundred kobo and Hundred kobo = ₦1.

Teacher’s Remarks – Correct. For every one naira, we have hundred kobo. And for every hundred kobo, we have one naira. Lead the pupils to response to the following questions –

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

Note – A dot used to merge naira and kobo together. For example, ₦1.05k, ₦2.10k, ₦3.50k, etc. And read as one naira five kobo, two naira ten kobo, three naira fifty kobo.

GROUP WORK

Regroup or maintain the existing groups.

Change the following into Naira or Kobo

1. ₦1 = ____k

2. 150k = ₦___.___k

3. ₦3 = ____k

4. 10k + 5k – 3k = ____k

QUICK EVALUATION

Repeat the group activities as lesson evaluation.

### LESSON 3 – SHOPPING CORNER

Get enough sweets and biscuits with the price of ₦5 – ₦20 and ask the pupils to tag these articles with actual prices. Guide them to shop with real money not more ₦20.

Note – Don’t sell. This is for the pupils to demonstrate buying and selling. You can use the sweets and biscuits to celebrate the pupils for active participation if the class not large. But if is, use sample of articles with money for shopping.

### REVISION AND WEEKLY ASSESSMENT

As stated in performance objectives or lesson evaluation.

### 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. Guides pupils to list the various uses of money.

Pupil’s Activities – Mention the uses of money.

3. Guides pupils to recognize and identify the Nigerian coins and bank notes.

Pupil’s Activities – Recognize and identify the Nigerian coins and bank notes.

4. Brings various articles to the class with price tags not more than ₦20. Models of coins are also brought to the class by the teacher.

Pupil’s Activities – Change money up to ₦20 into small units and shop with money not greater than ₦20.

5. Guides pupils to shop in the class.

### 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 various 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.

### 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

8. ₦20 can buy ____________.

A. Pepsi

B. Two Biscuit

C. Four pure water

9. ₦10 + ₦5 = ₦___

10. ₦10 + 5k = ₦___.___k

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