- ‘ Cases of rape rise to 84% in Nigeria’
- Dana air crash update: 23 aircrash victims’ families yet to receive compensation
- Mimiko inaugurates new Mother & Child hospital today
- N4.56b pension scam: Female accused hospitalised,trial stalled
- Construction workers hail FG’s decision on Lagos-Ibadan expressway
- Senate adjourns plenary for 1 week, dissolves to Appropriation committee.
- Blackout looms as Egbin power plant breaks down
- FMBN, NEXIM, BOA, IB lose N47bn in 6 months - CBN
- FirstBank wins Nigerian Bank of the Year award
- PDP tackles ACN over Tukur’s comments
- Electricity workers threaten strike over Wamakko
- ‘NDIC prosecuted 55 directors, staff of micro finance banks in 2011’
- Judgment in Oni’s appeal stalled, re-fixed for Jan 8
- Slain banker: Deceased had only 3 wounds -Accused’s father
- Appointments: S/West not marginalised —FCC
Nigeria’s business climate unfair to women —W/Bank
Written by Gbola Subair, Abuja Friday, 10 August 2012
WORLD Bank has condemned the low percentage of women in the Nigerian business environment, saying there are only 15 per cent women in business.
Country Director, World Bank, Ms Marie Francois Marie-Nelly, made the assertion on Thursday, when the bank launched investment climate assessment report in Abuja, adding that Nigeria’s business climate was unfair to women.
She said women make up half of Nigeria’s population, lamenting that over a half of the manufacturing firms in the country do not employ a single woman.
“As a result, women are only concentrated on informal sector, which means that they are facing challenges of lower earnings and difficulty to sustain their activities,” she said.
In a survey carried out in more than 26 states in the country, it also scored Nigerian power situation low, saying it did not encourage good business activity.
Minister of Trade and Investment, Mr Olusegun Aganga, in his keynote address, said the investment flow to Nigeria had gone up to N8.9 billion.
“What that means is that, in spite of some of these challenges that we hear and which are there and which we must acknowledge and address, Nigeria is the preferred destination of investment in Africa. Nigerian is the top quarter globally in terms of countries attracting investments. So, you can imagine what we can achieve together, if all these issues are addressed,” he said.
Share
Show/hide comments
Show/hide comment form
Headlines
More Headlines
- ‘ Cases of rape rise to 84% in Nigeria’
- Dana air crash update: 23 aircrash victims’ families yet to receive compensation
- Mimiko inaugurates new Mother & Child hospital today
- N4.56b pension scam: Female accused hospitalised,trial stalled
- Construction workers hail FG’s decision on Lagos-Ibadan expressway
- Senate adjourns plenary for 1 week, dissolves to Appropriation committee.
- Blackout looms as Egbin power plant breaks down
- FMBN, NEXIM, BOA, IB lose N47bn in 6 months - CBN
- FirstBank wins Nigerian Bank of the Year award
- PDP tackles ACN over Tukur’s comments
- Electricity workers threaten strike over Wamakko
- ‘NDIC prosecuted 55 directors, staff of micro finance banks in 2011’
- Judgment in Oni’s appeal stalled, re-fixed for Jan 8
- Slain banker: Deceased had only 3 wounds -Accused’s father
- Appointments: S/West not marginalised —FCC
Other Links
More Links
Subscribe to Daily NewsTranslate this site
Health
Op-Ed
Opinion Poll
Should the local government be a federating unit in the Nigerian nation?
