Stakeholders Hunt For Gender Responsive Financing To End Penury

Published

3 years ago

March 7, 2024

thecloudngr

Stakeholders Hunt For Gender Responsive Financing To End Penury—-Stakeholders have called for the implementation of gender responsive financing to end poverty and empower women in Nigeria.

They made the call at a one-day stakeholders forum to commemorate the International Women’s Day celebration with a theme: ” Invest in Women: Accelerate Progress” in Abuja.

Hajiya Fatima Abubakar-Faruk, Senior Special Assistant to the President on Women Affairs, noted the gender disparities in the country despite remarkable efforts to tackle it.

Abubakar-Faruk, added that only 39 per cent of women in Nigeria have access to formal financial services compared to 48 per cent of men.

“Gender-responsive financing holds the key to unlocking the full potential of women in Nigeria.

“By ensuring women have equal access to financial resources, we not only promote gender equality but also drive sustainable development and inclusive economic growth.

“Let us unite, advocate, and take decisive action to make gender-responsive financing a reality in Nigeria.

“Together, we can create a future where Nigerian women thrive, contribute, and lead in all spheres of life,” She said.

She emphasised the need to provide more inclusive access to financial services and encourage gender equality in both public and private financing realms.

Dr Judith-Ann Walker, Executive Director, development Research and Projects Centre (dRPC) said gender equality, access to education for women and girls, digital literacy and agricultural engagement must be addressed.

Walker, represented by Ruth Agbo, President, Association of Women in Trade and Agriculture (AWITA),said: “dRPC is concerned about Women Economic Empowerment, (WEE).

“We have women economic collectives and the concern is to keep advocating for these issues that affects women and national development.”

Also, Hadiza Bala-Usman, Special Assistant to the President on Policy and Coordination, stressed the need for women to access financial resources, as the will prioritise investments that enrich their families and communities.

Bala-Usman, represented by Zani Dogo said: “The importance of gender responsive financing and gender equality cannot be overstated in our pursuit of sustainable development.

“Nigerian women stand as indispensable catalyst propelling the growth, the progress and the sustainable development of our nation.

“Their resilience, resourcefulness and unwavering commitment to excellence serves as the bedrock upon which our collective aspirations for a brighter future are built.”

Mariya Mahmud, Minister of state, Federal Capital Territory, (FCT), said: “As we reflect on the significant strides made toward gender equality and women’s empowerment, we must also acknowledge the persistent barriers.

“And challenges that continue to hinder the full realisation of women’s rights and potential.”

Other activities to mark the day was the unveiling of Hertechhub initiative and panel discussions on ending poverty and women empowerment; implementing gender responsive financing for women in Nigeria.

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