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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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Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

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Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

By: Zagazola Makama

Troops of the 2 Division Garrison have intervened in a mob attack at Ojurin Mammy Market in Lagalu Local Government Area of Oyo State, rescuing three police personnel and a civilian driver who were assaulted by unknown individuals.

Military sources said the incident occurred at about 6:46 p.m. on June 18, when the victims were attacked by a mob who mistook them for armed robbers while they were dressed in plain clothes.

The victims were later identified as personnel attached to the Violent Crimes and Response Unit Annex, Iyana Church, Alakia, Ibadan.

Troops who responded swiftly to the distress situation succeeded in rescuing the victims from the mob and restoring order in the area.

The civilian driver involved in the incident reportedly sustained varying degrees of injury and was evacuated to the 2 Division Medical Services and Hospital for treatment.

During the operation, troops recovered one AK-47 rifle, one riot gun, and 25 rounds of 7.62mm special ammunition from the scene.

Authorities said the situation had been brought under control, while efforts were ongoing to prevent further escalation and ensure public safety in the area.

Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

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UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown

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UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown

By: Michael Mike

The United Nations Special Rapporteur on Freedom of Religion or Belief, Nazila Ghanea, has delivered one of the starkest international assessments yet of Nigeria’s security situation, warning that entrenched impunity and collapsing accountability systems are fuelling a self-perpetuating cycle of violence across the country.

Speaking at the end of an 11-day official visit, Ghanea said Nigeria’s insecurity has moved beyond episodic attacks to a structural crisis characterised by mass killings, repeated displacement of communities, destruction of livelihoods and widespread erosion of public trust in state institutions.

She said what emerged consistently from her engagements with over 200 stakeholders — including government officials, security agencies, victims, civil society organisations and religious leaders — was a country struggling to contain overlapping threats of terrorism, banditry, kidnapping, communal conflict and organised criminal networks.

According to her, the failure to ensure accountability for atrocities has created conditions in which violence is not only repeated but expands, leaving entire communities trapped in cycles of fear and survival.

“The absence of justice and accountability appears to be entrenching these cycles of violence and encouraging their spread,” she warned.

The UN envoy said victims across multiple regions described repeated attacks that destroyed entire villages, forced mass displacement and left survivors dependent on internally displaced persons’ camps with no clear path to return home.

She noted that many communities have suffered repeated assaults over the years, with some victims reporting displacement as many as six times, each time forced to rebuild their lives only to face renewed violence.

Ghanea also drew attention to disturbing accounts of armed groups allegedly imposing terms on rural communities, including arrangements in which residents surrender farmland and agricultural produce under coercion, deepening what she described as a breakdown of state protection in rural areas.

She warned that the scale and persistence of abductions — including kidnappings of children, clergy, traditional leaders, security personnel and political figures — has created a parallel economy of ransom and fear that further weakens state authority.

The Special Rapporteur said insecurity has also triggered the rise of vigilante groups, community defence networks and informal security structures, reflecting what she described as citizens’ growing loss of confidence in formal protection systems.

Ghanea further cautioned that the proliferation of arms and informal checkpoints risks blurring the line between community self-defence and criminal exploitation, warning that weak oversight could worsen insecurity.

Beyond violence, she raised concerns about structural issues affecting freedom of religion or belief, including the continued requirement in some administrative processes for citizens to declare their religion, saying such practices reinforce identity-based divisions and expose governance systems to political manipulation.

She also criticised the dominant framing of Nigeria as a rigid religious binary between a Muslim north and Christian south, describing it as an oversimplification that obscures the country’s internal diversity and fuels polarisation.

While acknowledging Nigeria’s constitutional guarantees of fundamental rights, Ghanea pointed to tensions arising from parallel legal and administrative systems in parts of the country, particularly around issues such as blasphemy, personal status laws and freedom of expression.

Despite her concerns, the UN envoy commended the resilience of affected communities, the efforts of civil society organisations and the work of interfaith initiatives aimed at promoting dialogue and coexistence.

She said Nigeria possesses the institutional capacity, human expertise and civic energy needed to reverse current trends, but stressed that urgent reforms are required to break what she described as the entrenched cycle of violence and impunity.

Ghanea confirmed that her full findings and recommendations will be submitted to the United Nations Human Rights Council in March 2027.

UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown

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Ekiti Poll: NSCDC Deploys 10,000 Personnel

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Ekiti Poll: NSCDC Deploys 10,000 Personnel

By: Michael Mike

The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 10,000 personnel, including elite tactical squads and K9 units, to Ekiti State ahead of the forthcoming governorship election, in a major security operation aimed at ensuring a peaceful and credible poll.

The deployment, announced on Wednesday by the NSCDC National Headquarters in Abuja, is part of the Corps’ efforts to guarantee a violence-free atmosphere and protect the integrity of the electoral process.

According to the NSCDC, personnel have been mobilised from several neighbouring states, including Ondo, Osun, Oyo, Lagos, Kwara, Edo, Ogun and Kogi, alongside operational reinforcements from Zones 11 and 6.

The Corps said its specialised units, including the Commandant General’s Special Intelligence Squad (SIS), Special Weapons and Tactics (SWAT) unit, Specialized Female Squad, Mining Marshals, Special Force and Crack Squad, as well as the K9 Unit, have been placed on high alert to detect and neutralise any security threats before, during and after the election.

To coordinate the operation, the Commandant General, Ahmed Audi has designated the Deputy Commandant General in charge of Operations, Ayuba Phillips, to personally lead the security exercise on the ground in Ekiti State.

Reaffirming the Corps’ readiness, the Commandant General said the security operation was designed to protect voters, election officials and other stakeholders and to prevent any form of electoral violence.

“Our mission in Ekiti State is definitive: to protect the integrity of the democratic process and guarantee the safety of every voter, election official, and citizen. We will tolerate no form of electoral violence, thuggery, or disruption. Our specialized squads and tactical forces are fully briefed and strategically positioned to maintain absolute law and order,” he said.

The NSCDC also disclosed that it is working closely with other security agencies to provide comprehensive security coverage throughout the election period, stressing that all personnel have been directed to maintain professionalism, neutrality and civility in line with the provisions of the Electoral Act.

The deployment comes amid heightened preparations for the governorship election, with security agencies under pressure to prevent voter intimidation, electoral violence and other disruptions that have occasionally marred elections in parts of the country.

The Corps urged residents of Ekiti State to conduct themselves peacefully, turn out to exercise their civic rights without fear and promptly report suspicious activities to security personnel.

Ekiti Poll: NSCDC Deploys 10,000 Personnel

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