In pursuant to Nigerian Investment Promotion Commission, NIPC’s mandate of mobilising investments for economic development in the country, the Commission has collaborated with the Lakaji Development Alliance to mobilise women for investment.
Executive Secretary of NIPC, Mrs. Uju Aisha Hassan Baba, yesterday at the Investment Forum for Nigerian Women Entrepreneurs, said that women are the catalyst for economic development, especially in the African setting considering their engagement at the grassroots level.
The NIPC boss, who said that women are making tremendous efforts at economic development, said that the need for government to amplify their roles as mothers and entrepreneurs who are custodians of the family wellbeing cannot be over-emphasised.
According to her, “The law establishing the Commission mandates us to encourage, facilitate, promote and coordinate investments in Nigeria. This we execute through the One Stop Investment Centre, the various departments that are fashioned along these facets and deliberate collaboration with relevant stakeholders.”
“Our focus on women today is in recognition of the role of women investors in providing the required linkages through their small businesses and to highlight their potentials to expand given adequate attention and support.
“We hope that interactions like these with stakeholders will engender networking with critical support institutions such as financiers, facilitators, regulators and enablers as well as investment partners, which are all gathered here for effective interaction” she said.
Baba stated that the Commission was open to receive viable projects even outside the forum as she urged women to take advantage of the opportunity availed to them to enhance their business.
Chairman of ACTUA Products and chairperson of the Manufacturer Association of Nigeria, MAN Abuja chapter, Mrs. Shittu Titilola said that the major challenge of women in business is finance, adding that there are lots of loans available for women to access so as to enable them their businesses.
Titilola encourage women who are into petty businesses to invest in serious businesses so that they can become Chief Executive Officers instead of them depending on men.
“Women have been taking back seat in politics and in government and we are not comfortable with that. Women should be involved in decision taking like men do so that we will no longer be relegated to the background as it used to be” she said.
Earlier in a remark, Country Representative of United Nation Industrial Development Organisation, UNIDO Dr. David Tommy, urged women to take aggressive approach to help drive the economy of their country and as well add value to their commodities.

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