The Central Bank of Nigeria (CBN) has promised to improve women’s access to formal financial services especially credit through its various intervention programmes.

This promise was made by the Director, Development Finance Department of the CBN, Dr Mudashiru Olaitan Wednesday in Abuja at the CBN 2018 International Women’s Day workshop tagged “Women Inspiring Change”.



Represented by Mrs. Hadiza Maina, a senior Development Finance Officer at the CBN, Olaitan said the apex bank was favourably disposed to increasing women’s access to finance “to enable them play their expected role in economic development.”

By promoting gender equality in access to finance, 50 per cent of the population would be empowered to contribute effectively to economic development Olaitan noted.

To ensure greater access to finance by woman, the CBN he said has allocated resources through different programmes devoted to women alone.
For instance, he said that under the N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF), 60% of the Fund was allocated to women based enterprises.

According to him, “Access to finance is often cited as one of the major factors impeding the growth of women-owned businesses in developing countries. In view of the peculiar challenges faced by women in accessing financial services in Nigeria, the CBN has established the N220 million MSMEDF, Agric credit guarantees scheme, Anchor Borrowers Programme and financial inclusion programmes.”

These financial interventions he explained “are innovative ways of improving women’s access to finance at mainly single digit interest rate, which will improve their potentials for job creation and inclusive growth on our country.”

Earlier, the Special Advicer to the CBN Governor on Sustainable Banking, Dr Aisha Mahmood, said women were key to the economic development of Nigeria.

According to her, “it has been proven that women have immense potentials as engines of growth and economic development. Consequently, empowering them becomes beneficial to the society as large,” she said.

During the technical session, it was revealed that a 2016 report by Elfina, a U.K. Government project on Access to Financial Services in Nigeria, showed that 21.4 million females, that is 42.7 per cent of the total female population in Nigeria were financially excluded.
The report showed that financial access was skewed towards the male population, which had only 35.8 per cent of its population financially excluded.

Source: journalng.com

https://journalng.com/2018/03/07/cbn-promises-increase-womens-access-credit/

Ok....but wait.....

How about men? We need it more.

What kind of gender inequality is this ? what will now happen to d men?

Story

Lies

All talk, little or no action.

waiting

that's what they want ...sit at home and expect the society to bless them ....otherwise dey tag men stingy and tag the society as backward...


but in all this is a good innovation.
they should give them everything we are tired of complaints.

Another media noise.






These ppl should....














Be careful!!!

It's a good one... I never knew women's access to funds was limited

Story story since 1900s

cinoedhunter:
What kind of gender inequality is this ? what will now happen to d men?

Dcholeric:
that's what they want ...sit at home and expect the society to bless them ....otherwise dey tag men stingy and tag the society as backward...


but in all this is a good innovation.
they should give them everything we are tired of complaints.

Men already have more access to credit
They are trying to level the field.
Hopefully, they will see it through

cococandy:



Men already have more access to credit
They are trying to level the field.
Hopefully, they will see it through

whatever....
they should just see anything and everything through...

men already have more credit??
hmm....na early morning be this...I will just pretend to agree.

every single man that is credit worthy fought through to attain that status.

This is a very good gesture by the CBN. When women are helped to be self sufficient and wealthy, the whole nation become wealthy.
Check my signature and give us a Call or WhatsApp chat

Dcholeric:

whatever....
they should just see anything and everything through...

men already have more credit??
hmm....na early morning be this...I will just pretend to agree.

every single man that is credit worthy fought through to attain that status.

And women aren’t even given the chance to fight for it. Not without some peniss in the way trying to take advantage of your womanhood to give you something you can achieve with your own merit.
Most men in places of authority will hardly give a woman what she merits without wanting to sleep with her.
And that’s a fact

cococandy:

And women aren’t even given the chance to fight for it. Not without some peniss in the way trying to take advantage of your womanhood to give you something you can achieve with your own merit.
Most men in places of authority will hardly give a woman what she merits without wanting to sleep with her.
And that’s a fact

To me and most men, this feels like an easier way to get to the top ...hence it feels like cheating.
Do you think men don't face joysticks, Virgina's, guns etc on the way? they mostly do and even more (sleeping technique is 'mostly' not even an option in which I believe many wouldn't have complained of ..knowing life has it's ups and downs).
in other words many women have gotten what they indirectly do not deserve using merely the sleeping technique.
life does not come on silver or gold plate ...one just has to fight through it anyway, but to expect a spoon-fed is weakness .
looking for excuses for weaknesses is even worse.