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AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

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AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

By: Michael Mike

The African Development Bank (ADB) has said it is presently seeking $42 billion to bridge the current financing gap hindering women-owned and women-led enterprises across the Africa continent.

The Director General, Nigerian Country Department of the bank, Dr Abdul Kamara made the disclosure on Tuesday in Abuja
at the High-Level Dialogue on Investment in Gender Equality and Ending Violence Against Women for Rights and Development organised by United Nations Women in partnership with ADB.

The event is part of the global “16 Days of Activism against Gender-Based Violence” campaign, which runs from November 25 (International Day for the Elimination of Violence against Women) to December 10th (Human Rights Day).

It brought together key stakeholders to address the pressing issue of gender-based violence in Nigeria, where women and girls continue to face various forms of discrimination and violence.

Kamara said the bank has a very clear stance on Gender Based Violence (GBV), stating that in 2024, ADB celebrated 25 years of gender mainstreaming in all its operations geared towards evidence based reduction in gender gaps and more importantly, in accelerating gender equality.

He said: “One area where the bank has made very visible impact in the economic empowerment in the last seven years is increasing access to finance through a special initiative called AFAWA which is an acronym for Affirmative Finance Action for Women in Africa.

“In the context of this Pan African Initiative, the African Development Bank seeks to bridge the financing gap of $42 billion currently hindering women-owned and women-led enterprises across the continent and I am glad to report that we disbursed over a billion dollars of this across Africa, seeking to increase access to finance for women.

“This is just one among many initiatives of the bank that are responding directly to the problem gender equality. In Nigeria, all our programmes and projects are gender mapped and have gender experts working with the government to design actions that will bridge gender gaps, looking to access to financing for women, access to market, access skills but most importantly access to jobs and incomes.

“Just last month, we approve here in the bank, $100 million in the programme called Youth Entrepreneurship Investment Bank for Nigeria. This is a non deposit bank, it is an access to finance. This operation will improve gender responsive, youth entrepreneurship and enterprise development by boosting financial services to foster a thriving entrepreneurial ecosystem and affirmative action for jobs focusing on women,” he said.

In his remarks, Minister of Budget and National Planning, Sen. Atiku Bagudu said GBV was a growing concern that required immediate attention and collective action, noting that despite progress made toward dealing with violence, women and girls continue to face violence, discrimination and marginalisation.

Bagudu, who was represented by Permanent Secretary in the ministry, Dr Vitalis Obi, said empowering women was crucial to breaking this cycle of violence and that can be done by creating and promoting gender responsive policies as well as practices.

He said: “We must take decisive action to prevent and protect our women from all forms of violence and to create a society where everyone feels safe irrespective of their gender. One of the ways by which we can bridge this persistent gap is by institutionalising gender responsive budgeting in all sectors of the economy.

“Gender responsive budgeting is the strategic approach that integrates gender perspectives into the entire budget cycle. Allocate adequate resources to the programmes that will address GBV, women empowerment and education,” he said.

On her part, the Chairperson, Nigerian Governors’ Spouses Forum, Prof. Olufolake Abdul-Razaq, said they remained steadfast in advocating gender responsive budgeting across the 36 states and FCT, spending institutional framework that integrate gender perspectives and championing initiatives to protect women rights.

The Kwara State First Lady said the forum was firmly committed to ensuring that all gender laws become a cornerstone of governance at the sub-national levels, adding that the well-being of women and girls remained a pivotal indicator of how well any nation was faring in driving her developmental plan.

“It is time to address the structural barriers that perpetrate inequality for women and girls to reach their full potentials. This is my believe and it is not only an act of justice but a strategic investment in resilience and productivity of our nation as this no doubt stands as a veritable gift to commemorate the 2024 16 days of activism against GBV.

“The Nigerian Governors Spouses Forum really made an effort in the last couple of years…We are also working to get women into leadership because we believe that when women are in leadership position they will help us to sustain this drive of bringing developments to women,” she added.

In her opening remarks, the UN Women Country Representative to Nigeria and ECOWAS, Beatrice Eyong, said GBV was not just a human rights issue but also an economic issue a statistics showed that the menace was costing the Nigerian government 1.5% of its Gross Domestic Product.

“We are talking in terms of billions of dollars that the country is losing every year because of Gender Based Violence. So Gender Based Violence is linked to the achievement of Sustainable Development Goals. So if we do nothing, we will not get out of poverty and we will not get sustainable development.

“The World Economic Forum estimated in its global gender gaps report of 2022 that it will take about 132 years for the world to achieve gender equality. What does this mean for Nigeria? At this space, some of us, including our daughters might not experience gender equality in their time.

“This is therefore a call to collective actions by all international organisations, government agencies, community stakeholders and even the private sector to address the under-representation of women and barriers to gender equality,” she noted.

The UN Resident Coordinator in Nigeria Mohammed Fall, on his part said: “Gender inequality and violence against women remain among the greatest challenges to sustainable development, not just in Nigeria but globally. These issues incur heavy costs—socially, economically, and individually—limiting our collective potential for progress.”

He added that: “Violence and harmful practices against women and girls happen every day in Nigeria, and most of the time they are not reported. The Nigerian Demographic and Health Survey in 2018 found that 9 percent of women aged 15 to 49 had suffered sexual assault at least once in their lifetime and 31% had experienced physical violence. Restrictions and implications from the COVID-19 pandemic exacerbated the gender-based violence (GBV) in the nation.”

He said: “The United Nations remains steadfast in its support for Nigeria’s journey towards creating an inclusive society where every woman and girl can thrive. We are committed to coordinating partnerships, providing technical expertise, and facilitating dialogues to ensure measurable impacts in Nigeria.”

AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

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Governor Zulum Felicitates with the Muslim Ummah on the Commencement of 2026 Ramadan

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Governor Zulum Felicitates with the Muslim Ummah on the Commencement of 2026 Ramadan

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, has extended warm felicitations to the Muslim Ummah in Borno State, Nigeria, and across the world on the commencement of the Ramadan fast, 1447 After Hijrah

Governor Zulum described the Holy month of Ramadan as a period of spiritual rejuvenation, self-discipline, sacrifice, compassion, and devotion to Almighty Allah. He noted that fasting is not only about abstaining from food and drink, but also about purifying the heart, strengthening faith, promoting patience, and extending kindness to the less fortunate and less privileged members of society.

In a statement by his Special Adviser on Media, Dauda Iliya, the governor urged Muslim faithful to use the blessed month to deepen their acts of worship, supplication, and charitable giving, promote unity, and uphold the values of peace, tolerance, and mutual respect that Islam teaches.

“I would like to extend my sincere congratulations to the Muslim Ummah on the commencement of the Ramadan fast, one of the five pillars of Islam. This Ramadan is coming at a time when the state continues to witness sustained peace and a bumper harvest from last year’s cropping season,” Zulum said.

“On Tuesday, I launched the distribution of Ramadan palliatives to 300,000 households across all 27 local government areas of the state, designed to cushion the economic burden on vulnerable residents during the holy month of Ramadan. The gesture will also be extended to members of the Christian community who are also fasting the Lent which falls within the month of Ramadan,”.

Reflecting on Borno’s journey over the past fifteen years, Governor Zulum acknowledged the resilience, patience, and sacrifices as the state recovers from Boko Haram insurgency. He reaffirmed his administration’s unwavering commitment to restoring lasting security, rebuilding destroyed communities, resettling displaced families, and reviving livelihoods across the state.

“Our government remains focused on consolidating the gains achieved in security through close collaboration with the Federal Government and security agencies. We are rebuilding schools, hospitals, roads, and markets, and supporting farmers, traders, and youth to restore economic activities in liberated communities,” he remarked.

He added that significant progress has been made in reconstruction and rehabilitation, but emphasized that collective prayers and unity of purpose remain essential to sustaining peace and stability in Borno State and Nigeria as a whole.

Governor Zulum therefore called on the Muslim Ummah to dedicate this Ramadan to fervent prayers for enduring peace, security, prosperity and national cohesion. He also encouraged citizens to support one another, especially vulnerable families, widows, orphans and those affected by the insurgency.

“As we observe this sacred month, let us renew our commitment to righteousness, peaceful coexistence and service to humanity. With faith, unity and perseverance, we shall continue to rebuild our state stronger and more resilient than ever,” he said.

He called on well-spirited individuals and groups to support the less fortunate members of society in this season of faith renewal and rejuvenation.

Zulum also felicitated with the Christian community on the commencement of Lent, which coincides with the day Muslims start the month-long Ramadan fast.

“This is not a mere coincidence. Rather, it underscores the need for unity, peaceful coexistence, and collective action in building and advancing the state and the nation,” he emphasized.

The governor prayed that Almighty Allah accepts the fast, supplication, and good deeds, and grant Borno State and Nigeria sustainable peace and development.

Governor Zulum Felicitates with the Muslim Ummah on the Commencement of 2026 Ramadan

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El-Rufai Puts Ribadu on Trial

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El-Rufai Puts Ribadu on Trial

By Frank Tietie

A man who is neither drunk nor high on drugs, but in his clear and sane mind, goes on a prime-time show on a continental television network like the Arise News Channel and proclaims that he got information from someone who tapped the phone line of the National Security Adviser (NSA) of the Federal Republic of Nigeria. How should the Nigerian government react?

It becomes a Catch-22 for the Nigerian government whether to respond to El-Rufai’s latest tirade. But to react hastily would fail to see the damning point Nasir El-Rufai is trying to make, which is to show the ineptitude of Nuhu Ribadu as NSA. The government should have seen through the former Kaduna State governor’s bravado.

Of course, El-Rufai knows the possibility that Ribadu would fall for the trick and might actually order his detention, either for statements made on live international television or for the bared waiting fangs of the EFCC. Sonit appears he had prepared for the worst, but probably not for death in the hands of his sworn enemies through poisoning. Hence, he immediately alerted the world to the Gestapo treatment that is usually given to some government enemies when they are in detention. So he quickly accuses the same Nuhu Ribadu of importing thallium sulphate, a lethal poison suitable for eliminating political enemies quietly. This he has done, in case he, himself or any other opposition politicians die in detention as 2027 approaches. What a way to shift the burden?

The choice of the government to charge El-Rufai for cybercrimes over the claims he made on live on Arise News Prime Time show about tapping the NSA’s phone is a tacit yet loud acknowledgement that any NSA whose phone can be tapped so easily is not only incompetent, but highly undisciplined and lackadaisical on national security matters. Tell me, which serious country, like the United States of America, the United Kingdom, France, Germany, Russia, or Saudi Arabia, would take the National Security Adviser of Nigeria seriously if they knew that an ordinary citizen could easily tap his phone?

What Malam Nasir El-Rufai has done is not to present technical evidence of interception. Rather, he has thrown a political gauntlet designed to provoke a reaction. The trap is simple: once the state moves against him, the conversation shifts from the accuracy of his claim to the conduct and capability of those charged with safeguarding national security.

A hurried resort to criminal prosecution risks missing the wider implication that public officers, particularly those occupying sensitive security positions, are expected to inspire confidence, not anxiety.

Therefore, if the state frames a prosecution around a claim that the NSA’s line could be tapped, the unintended consequence is that the allegation receives international circulation, renewed media life and diplomatic attention. In effect, the courtroom becomes a megaphone for the NSA’s failures.

Consequently, if the charge against El-Rufai is driven by reputational discomfort or the political embarrassment that he has caused Ribadu or the Tinubu government. It risks being counterproductive, especially in a democratic setting that has a high tolerance for speech directed at public officials.

Statements that are provocative, speculative or even reckless are often part of political contestation, especially as 2027 approaches. They should not be the basis for criminal charges. Such statements are best answered by clarification, transparency, and institutional reassurance, rather than the coercive weight of arrest, arraignment, and trial.

To prosecute El-Rufai in circumstances such as this may therefore produce the exact opposite of deterrence. It can elevate and transform him into a cause, especially among Northern Nigeria elements, and suggest that the government is more eager to punish criticism than to disprove it.

The other dimension is the possibility that such a trial would invite scrutiny, arguments, cross-examinations, and global reporting, further exposing Ribadu or the government. Meanwhile, silence would have buried it faster.

Instead of dismissing El-Rufai as someone probably chasing political clout, the choice to charge him would validate his point and expose Nuhu Ribadu as unfit to be NSA.

El-Rufai is no ordinary politician. He combines the arts of casuistry, statecraft, populism and activism for political relevance, and he is yet on another journey to reinvent himself politically to the detriment of his foes like Ribadu. But he also wants to come out alive. And even if he dies in the process, he seems not to care much, as long as such would deal the maximum blow to the political careers of his traducers.

If anyone thinks El-Rufai is being diminished by his latest travails, they should think again. In fact, it is he who is putting some persons on trial in the court of reason.

Frank Tietie
Lawyer and Public Affairs Commentator,
Writes from Abuja

El-Rufai Puts Ribadu on Trial

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Civil Society Escalates Pressure on Senate Over ‘Conditional’ Electronic Transmission Clause

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Civil Society Escalates Pressure on Senate Over ‘Conditional’ Electronic Transmission Clause

By: Michael Mike

Tension over proposed changes to Nigeria’s electoral framework deepened on Monday as the Nigeria Civil Society Situation Room demanded the immediate adoption of unconditional electronic transmission of results in the amendment to the Electoral Act, warning that any dilution of the reform could erode public trust ahead of the 2027 general elections.

At a protest held at the entrance of the National Assembly in Abuja, the coalition accused the Senate of weakening critical safeguards in the Electoral Act Amendment Bill 2025 by introducing what it described as “conditional transmission” of results.

Addressing demonstrators, Co-Convener of the Situation Room and Country Director of ActionAid Nigeria, Andrew Mamedu, said Nigerians were demanding a clear, mandatory provision that compels real-time electronic transmission of results from polling units without exceptions.

“Our future is in our hands because we voted for these representatives. On behalf of Nigerians, we are stating unequivocally that electronic transmission of results must be mandatory and without conditions,” Mamedu declared.

The coalition argued that the Senate’s version departs from earlier understandings reached during consultations between stakeholders and the Joint National Assembly Committee on Electoral Matters. It warned that inserting discretionary clauses could create legal ambiguities capable of being exploited during elections.

Specifically, the group urged the conference committee reconciling the Senate and House versions of the bill to adopt the House of Representatives’ position making real-time electronic transmission from polling units to the INEC Result Viewing Portal compulsory.

According to the protesters, anything short of mandatory transmission risks reopening controversies that trailed previous elections and could undermine voter confidence in the electoral system.

They also called for the retention of the 360-day election notice timeline contained in earlier drafts of the amendment, stressing that predictable timelines are essential for planning, voter education and logistics.

In a letter presented to lawmakers, the coalition stated: “Instead of strengthening Nigeria’s electoral framework, the Senate amendment weakens key safeguards necessary for credibility and public trust.”

On concerns about network coverage and technical feasibility, the group insisted that real-time transmission is achievable. It cited previous off-cycle governorship elections in states such as Imo, Kogi and Bayelsa, where high transmission rates were recorded.

The coalition dismissed claims that connectivity gaps would cripple the system, noting that telecommunications data show that areas without network access constitute only a small fraction of polling units nationwide. It explained that results are first collated at polling units before being uploaded, and where connectivity is unavailable, the system can securely store data and automatically transmit once network access is restored.

Civil society organisations also faulted remarks attributed to the Senate President questioning the practicality of real-time transmission, maintaining that the infrastructure and technology required are already in place.

At the rally, women’s advocacy groups broadened the protest, calling for the expedited passage of the special seats bill for women as part of ongoing constitutional amendments. They argued that electoral integrity must go hand in hand with inclusive representation.

Responding on behalf of the House of Representatives, spokesperson Akin Rotimi assured protesters that their concerns would be conveyed to the leadership of the chamber. He said the Speaker supports the amendment, while the Deputy Speaker is among its sponsors.

Rotimi acknowledged the low representation of women in the legislature as a “serious injustice” and pledged that constitutional amendment proposals, including provisions for reserved seats for women, would be subjected to electronic voting.

Despite the assurances, the Situation Room vowed to sustain advocacy until a final version of the bill guarantees compulsory, real-time electronic transmission of results and restores what it described as the “spirit of reform” demanded by Nigerians.

“This is about protecting the people’s mandate,” the protesters said. “We will not relent until the law reflects the will of the citizens.”

Civil Society Escalates Pressure on Senate Over ‘Conditional’ Electronic Transmission Clause

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