The President of National Council for Women Societies (NCWS), Mrs. Gloria Shoda, has solicited partnership with the Central Bank of Nigeria (CBN) to empower women. She made the appeal when she led a delegation of NCWS to visit the CBN Governor, Godwin Emefiele, on Thursday in Abuja.
Mrs. Gloria Shoda, said women should be given access to capital, credit, soft loans and other resources required to start business, just like their male counterpart. She called for the review of conditions that prevented women from tapping into available resources over the years.
According to her, the council needs women entrepreneurs to drive the country’s economy to greater heights, hence the need for CBN support. The council president noted that women access less than five per cent of the special intervention fund, which was inadequate for serious minded business women that is focused on her business. Adding that women need to invest, “we need to invest more in women.
“Former U.S. Secretary of State, Hillary Clinton, said investing in women is not only the right thing to do, but the smart thing to do. “Our nation is passing through a critical period of economic challenges, which we pray to overcome soon.
“We are determined to work with various agencies of the three tiers of government in the country to end this financial and economic crisis.”
The NCWS boss said the council was ready to support measures that could pull the country out of the current economic situation.
Continuing, she said the council is committed to implementing the UN Sustainable Development Goals and the African Union programme tagged “Agenda 2063″
While contributing, the CBN governor, Mr. Emefiele, represented by Mr. Anthony Ifechikwu, the Director, Governor’s Department of CBN, said women is the bedrock of development in any society. He also said women were better managers of fund and facilities than men, adding that they were more honest and sincere than men.
Emefiele said that the concerns raised by the president of NCWS were not new to them at the CBN, while saying that the bank has been making constant efforts to address them.
He added that 60 per cent of the N220 intervention fund for farmers has been set aside for women, saying, “empowering women means empowering the nation.” He also agreed that the Bank must partner with women for the steady economic progress the country needed.