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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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FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures

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FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures

By: Michael Mike

The Federal Ministry of Environment has issued a fresh flood warning covering at least ten states, cautioning that sustained heavy rainfall over several days could trigger flooding in vulnerable communities.

The alert, released by the Ministry’s Erosion, Flood and Coastal Zone Management Department through the National Flood Early Warning Centre (NFEWS), indicates that parts of the country may experience intense rainfall between April 13 and April 17, 2026, with a high likelihood of overflow in low-lying and flood-prone areas.

According to the advisory, the states identified as being at risk include Adamawa, Enugu, Kaduna, Kogi, Kwara, Niger, Osun, Oyo, Plateau, and Taraba. Authorities listed specific locations within these states where flooding could occur if rainfall intensity exceeds normal thresholds.

In Adamawa State, Ganye and Gbalji are among the areas expected to be affected, while Nsukka in Enugu State also falls within the risk zone. In Kaduna State, communities such as Buruku, Kachia, Kaduna, and Kafanchan have been highlighted.

The warning further identified Ibaji in Kogi State and Bode-Sadu and Ilorin in Kwara State as vulnerable locations. In Niger State, Chanchaga, Minna, and Sarkin Pawa were listed, while Osun State communities including Ilesa, Iragbiji, Oshogbo, and Otan Ayegbaju may also face flooding.

A significant number of areas in Oyo State, particularly within Ibadan, were mentioned in the forecast. These include Apata, Bodija, Challenge, Eleyele, Moniya, Odo-Ona, and Ojoo, all of which have historically experienced drainage challenges during heavy rainfall. Bukuru in Plateau State and Serti in Taraba State were also identified as areas of concern.

The Ministry emphasized that the predicted flooding could disrupt livelihoods, damage infrastructure, and pose risks to lives if adequate precautions are not taken. It therefore urged residents in the affected areas to clear drainage systems, avoid building or residing along waterways, and prepare for possible evacuation where necessary.

Relevant stakeholders, including state governments, emergency management agencies, and local authorities, were advised to activate contingency plans and strengthen early response mechanisms. The Ministry also encouraged continuous public awareness campaigns to ensure that residents remain informed and responsive to safety directives.

In addition, the government called for collaboration and feedback from stakeholders to improve coordination and response efforts during the forecast period.

The advisory was endorsed by Usman Abdullahi Bokani, Director of the Erosion, Flood and Coastal Zone Management Department, who reiterated the importance of early preparedness in reducing the impact of natural disasters.

The latest warning underscores growing concerns over seasonal flooding in Nigeria, particularly as climate variability continues to intensify rainfall patterns and increase the frequency of extreme weather events across the country.

FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures

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UNESCO, CWAY Seal Landmark Pact to Transform Adolescent Health, Inclusive Education for Over One Million Nigerian Learners

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UNESCO, CWAY Seal Landmark Pact to Transform Adolescent Health, Inclusive Education for Over One Million Nigerian Learners

By: Michael Mike

In a significant move poised to reshape adolescent development in Nigeria, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) has partnered with CWAY Group to roll out a large-scale initiative targeting improved health outcomes and inclusive learning for young people across key states.

The programme, titled “Strengthening Adolescent Health and Inclusive Learning,” will be implemented in Enugu, the Federal Capital Territory (FCT), Lagos, and Ogun States, with an ambitious target of reaching more than one million learners.

At the signing ceremony in Abuja, UNESCO’s Head of Office and Country Representative, Jean-Paul Ngome Abiaga, framed the agreement as a defining step beyond institutional collaboration.

“This is not just a formal agreement; it is a commitment to expanding opportunity, safeguarding dignity, and securing a better future for adolescents,” he said.

Abiaga outlined three strategic pillars underpinning the partnership—deepened inclusion, the integration of health and education, and sustained multi-stakeholder collaboration—emphasizing that equitable access must remain central to the initiative.

“Inclusion is not optional. Every adolescent—regardless of gender, ability, or background—must have access to quality education and the health knowledge required to thrive,” he stressed.

He further underscored the critical link between health and learning, noting that the initiative would deploy evidence-driven interventions to simultaneously address both sectors. According to him, empowering adolescents with the right information and support systems will enable them to make informed life choices and contribute meaningfully to society.

On the private sector’s role, Abiaga commended CWAY Group for demonstrating leadership through impactful corporate social responsibility, describing the collaboration as a model for purposeful investment in national development.

Speaking on behalf of CWAY, Deputy Director Moses Wang said the company’s involvement reflects a long-standing commitment to community advancement.

“We began with the community, and this initiative brings us back to our roots on a much larger scale. It is an opportunity to drive meaningful change across the country,” Wang said.

He added that after more than two decades in Nigeria’s manufacturing industry, the company is intensifying its focus on education and health as pillars of sustainable growth. “No nation can develop without educating its youth and safeguarding their health. This partnership enables us to address both in a structured and lasting way,” he noted.

Also lending her voice, the Secretary-General of the Nigerian National Commission for UNESCO, Olagunju Lateef, described the initiative as a reflection of shared responsibility among stakeholders to invest in Nigeria’s young population.

Represented by the Head of Education Sector, Mrs. Eunice Ayara, she expressed optimism that the collaboration would deliver tangible benefits, particularly for marginalized groups.

“This effort signals a collective resolve to equip adolescents with the knowledge, skills, and support they need to succeed, especially those who are often left behind,” she said.

The initiative is expected to strengthen inclusive education systems, expand access to reliable health information, and foster stronger partnerships among government agencies, educators, and local communities. Notably, at least 1,000 learners with disabilities are among those set to benefit directly, underscoring the project’s inclusive focus.

As implementation gets underway, stakeholders have been urged to maintain transparency, accountability, and long-term commitment to ensure the programme delivers measurable and sustainable impact.

With its scale and ambition, the UNESCO–CWAY partnership signals a renewed push to place adolescent well-being at the centre of Nigeria’s development agenda—bridging gaps in education and health while shaping a more inclusive future for the next generation.

UNESCO, CWAY Seal Landmark Pact to Transform Adolescent Health, Inclusive Education for Over One Million Nigerian Learners

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Tinubu’s Lifetime Salary Approval Sparks Relief as Retired Paramilitary Chiefs Hail ‘Historic Justice’

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Tinubu’s Lifetime Salary Approval Sparks Relief as Retired Paramilitary Chiefs Hail ‘Historic Justice’

By: Michael Mike

Retired senior officers from Nigeria’s key paramilitary agencies have applauded President Bola Tinubu for approving a lifetime salary structure for top-ranking officers, describing the decision as a long-overdue act of justice that restores dignity to years of national service.

The commendation came on Wednesday in Abuja when former Controller-Generals and Deputy Controller-Generals from the Nigeria Immigration Service, Nigeria Security and Civil Defence Corps, Federal Fire Service and the Nigerian Correctional Service paid a courtesy visit to the Minister of Interior, Olubunmi Tunji-Ojo.

Leading the delegation, former Comptroller-General of the NIS, Chukwura Udeh, said the gesture by the President has brought closure to years of neglect and uncertainty that trailed their retirement.

He noted that successive administrations had failed to resolve the issue, leaving many senior officers to endure financial hardship after dedicating decades to national security.

According to him, the newly approved lifetime salary structure represents more than a policy shift, but a recognition of sacrifice and a reassurance that service to the nation will not end in hardship.

“Kindly convey our deep appreciation to Mr President. What was treated as a simple approval today subjected many of us to years of suffering in the past,” he said, recalling how some retirees felt abandoned despite their contributions to national stability.

Responding, Tunji-Ojo said the Tinubu administration places a premium on the welfare of security personnel, stressing that nation-building goes beyond infrastructure to prioritising the people who safeguard it.

He explained that the President’s “Renewed Hope” agenda is anchored on improving the living conditions of both serving and retired officers, insisting that no personnel should retire into poverty after years of meritorious service.

“The President does not consider your welfare a mere slogan but a duty. You have given the best years of your lives to Nigeria; the country must, in return, stand by you,” the minister said.

Tunji-Ojo further highlighted ongoing reforms within the paramilitary services, including the clearance of longstanding promotion backlogs and the conduct of promotion examinations across the agencies.

He said the reforms have restored morale among officers, enabling them to progress in their careers predictably and serve with renewed pride and professionalism.

“The service has never been this structured and forward-looking. Officers now wear their uniforms with pride, knowing their future is more secure,” he added.

The visit underscored growing confidence among retired personnel that recent policy interventions by the Federal Government are beginning to address systemic welfare gaps within Nigeria’s paramilitary architecture.

Tinubu’s Lifetime Salary Approval Sparks Relief as Retired Paramilitary Chiefs Hail ‘Historic Justice’

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