Home Business Money US Invests $200m In Women Empowerment, Equality Projects
Money

US Invests $200m In Women Empowerment, Equality Projects

Share
Share

The United States government has committed $200m to women empowerment and equality programmes in Nigeria.

Speaking at the Gender and Inclusion Summit 2022 organised by the Policy Innovation Centre, which is a brainchild of the Nigerian Economic Summit Group in Abuja, US Ambassador to Nigeria, Mary Leonard, said much of the funding was targeted at addressing women-related issues and empowering Nigerian women.

She said nations with gender equality had higher economic prosperity, noting that “the United States is committed to promoting women empowerment in Nigeria.”

On his part, the World Bank Country Director for Nigeria, Shubham Chaudhuri, said that Nigeria’s plan to lift 100 million people out of poverty would be impossible without women empowerment.

Chaudhuri said, “In Nigeria, the goal is to lift a 100 million Nigerians out of poverty. It is simple fact that without full economic participation and empowerment of women and girls, Nigeria will not attain that goal.”

He stressed the need for the government to partner with communities and private sector to empower girls and women.

She noted that women had been the major beneficiaries of the government’s cash transfer programme for poor and vulnerable Nigerians.

Chairman of NESG, Niyi Yusuf, cited the Global Gender Gap Report 2022 which showed that gender equality was far from being realised,

“It will take another 132 years to close the global gender gap.  The pandemic has done more than open our eyes to the economic vulnerability of our nations. It also opened our eyes to the plights women and other marginalized groups face,” he said, noting that statistics showed that the pandemic had disproportionately impacted women and other marginalised groups.

The NESG chairman said responsibility was on everyone to pursue this fundamental call to human rights, which was a mission to save everybody from wealth loss.

“On Educational Attainment, Nigeria records higher levels of parity in secondary education and tertiary education enrolments. However, both shares of men and women in secondary education in 2022 were lower than in 2021, while both increased in tertiary education.”

PUNCH

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Access Bank Hosts President Steinmeier, Commits To Strengthening German-Nigerian Trade Relations

Access bank last week welcomed the President of the Federal Republic of...

Edo Plans Interest-free Loans For Traders 

Edo State Governor, Senator Monday Okpebholo on Thursday revealed plans to give...

Cash Scarcity: CBN Pegs N100,000 Daily Withdrawal Limit On PoS Transaction

The Central Bank of Nigeria on Wednesday directed banks has to peg...

FG, States, LGCs Share N1.727tn  For November 

The Federation Account Allocation Committee (FAAC), at its December 2024 meeting chaired...