NEWS AGENCY OF NIGERIA

Gender-equality: NGX, Musawa advocate public-private collaboration

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By Taiye Olayemi
Hannatu Musawa, Minister of Art, Culture, Tourism and Creative Economy, has emphasised the crucial role of public-private partnerships in driving meaningful change for promoting gender parity.

Musawa, during the 2025 International Women’s Day celebration organised by the Nigerian Exchange Ltd. (NGX) in Lagos, said it had become important to tackle most of the challenges confronting women and girls, which limits their potential.

The theme of the programme is “Accelerate Action for All Women: Rights, Equality, Empowerment.”

According to the minister, collaboration is important considering the report by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) which revealed that women-owned businesses contribute $15 billion to Nigeria’s economy.

She said that women struggle to access capital for their business.

“Building a gender-equal future requires collaboration between the public and private sectors.

“We must go beyond conversations and take decisive and meaningful actions to bridge the gender gap in society.

“We must increase gender-lens, invest and create funding opportunities, specifically tailored for women entrepreneurs.

“We must also focus on building a sustainable future, where women are empowered to lead, innovate, and thrive,” she said.

Musawa commended the NGX for their remarkable effort in leveraging capital markets to channel resources into women-led businesses and gender-focused initiatives.

Also, Alhaji Umaru Kwairanga, Group Chairman, NGX Group, said achieving gender equality demands deliberate and bold actions by the private sector, government, regulators, and the society at large.

Kwairanga noted that it was equally important for everyone to work together to ensure women gain easy access to capital, bearing in mind that an inclusive economy is a thriving one.

He said the NGX is determined to increase women participation in the Nigerian capital market through targeted investment in education programmes and the creation of mechanisms to track gender impact through aggregated data collection and analysis.

“At NGX Group, we live by example. Achieving gender equality demands deliberate and bold actions by the regulators, government, private sector, and society.

“When we accelerate progress for women, we accelerate progress for all. An inclusive economy is a thriving economy, and empowering women is a catalyst for the society,” he said.

Mr Temi Popoola, Group Chief Executive Officer of NGX Group, appreciated all women rendering huge support to their gender within the NGX.

He saluted remarkable achievements by women generally and encouraged them to continue to support one another as a lot more could be achieved by the women folk.

Mr Haruna Jalo-Waziri, Managing Director, Central Securities Clearing Systems (CSCS), called for male-female collaboration to build a harmonious and equitable society.

Speaking on how he was raised by values garnered from women, Dr Emomotimi Agama, Director-General, Security and Exchange Commission (SEC) urged men to respect, honour and take absolute care of the women folk.

Agama acknowledged women’s resilience, hardworking, and resourceful nature.

Also, Ms Chalya Shagaya, Senior Special Assistant to President Bola Tinubu on Entrepreneurial Development, called for further collaboration between the NGX and government to expand investment for women.

Franca Chukwugor, Executive Commissioner, Legal and Enforcement Security and Exchange Commission, challenged women to equip themselves with the needed information to prosper.

Chukwugor advised women against engaging in ilegal investments but thirst after authentic financial knowledge.

Serah Ockman, Manager, Pre-Investment and Advisory Services, International Finance Corporation (IFC) advised women to prioritise investment.

The Vice Chancellor of the University of Lagos, Prof. Folashade Ogunshola urged women to shun all form of social barriers they have been confronted with in order to further make remarkable impact in the society.

Ogunshola called for public-private partnerships channelled at creating an economic environment where women can access capital, grants needed, wealth creation.

Hilda Baci, Chief Executive Officer of Food by Hilda, admonished women not to desist from learning and teaching one another until the nation achieves an equitable society. (NAN) (nannews.ng)
Edited by Olawunmi Ashafa

2025 WEF: Shettima advocates equal aids partnerships

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Aid

By Salisu Sani-Idris

Vice-President Kashim Shettima has expressed his strong disbelief in dependency on foreign aid, instead emphasising the importance of equal partnerships that uphold dignity.

Speaking at the Financial Times Global Risk Roundtable at the 2025 World Economic Forum (WEF) in Davos, Switzerland, Shettima said, “I don’t believe in aid; I believe in partnership.

“I’d rather carry my poverty with dignity and deal with people, nations, and companies on a pedestal of equality, not in a master-servant relationship.”
He added, “I didn’t come with a begging bowl.”

Shettima said he was optimistic about Africa’s prospects, noting the continent’s rich resources and strategic importance to global growth.

“My continent is the richest in the world, and the global growth trajectory is facing Africa. Nigeria will make or mar that transition.
“The youths of Africa are the drivers of change,” he said.

He reiterated his belief that Nigeria’s dedication to harnessing the potential of its youth, investing in education, and advancing smart agriculture will go a long way in tackling global and domestic challenges.

The Vice-President also observed that while crises abound, they also present opportunities for nations to rebuild stronger.

“The word for crisis in Chinese is ‘Wei Ji’. Wei stands for danger, while Ji stands for opportunity. Yes, we have challenges, but those challenges are pregnant with opportunities to re-engineer our society and build back better,” he said.

Shettima reaffirmed Nigeria’s resolve to embrace innovation and empowerment, particularly through education, gender-focused initiatives, and smart agriculture, to propel its economy into the fourth post-industrial revolution.

“The crisis has given us a unique opportunity to invest in people, especially in areas that will enable us to leapfrog our economies into global competitiveness,” he added.

Acknowledging global crises, including conflicts in Ukraine, the Middle East, and Sudan, Shettima noted their impact on supply chains, humanitarian challenges, and peace.

He called for multilateral collaboration, stressing that the interconnected nature of global challenges requires collective solutions.

“There is an incestuous relationship between economy and ecology in the African continent. But hope springs eternal in the hearts of men.

“As members of the same human family, we can find solutions to our challenges. We must look inward to solve our problems, but multilateralism is key.

“These challenges are global, and we must fuse into one human family to overcome them,” the Vice President added. (NAN)

Edited by Kamal Tayo Oropo

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