close
Friday, November 29, 2024

Closing gender gaps can add N15 trillion to Nigeria’s GDP: FG

Women’s affairs minister Imaan Sulaiman-Ibrahim says closing gender gaps can potentially add N15 trillion to Nigeria’s GDP annually by 2025.

• November 29, 2024
Imaan Sulaiman-Ibrahim (credit: Punch)
Imaan Sulaiman-Ibrahim (credit: Punch)

Women’s affairs minister Imaan Sulaiman-Ibrahim says closing gender gaps can potentially add N15 trillion to Nigeria’s GDP annually by 2025.

Ms Sulaiman-Ibrahim stated this on Thursday in Abuja at the joint UN Accountability Forum and Orange/Lighting ceremony.

She noted that studies had shown that countries with higher levels of gender equality experience faster economic growth, improved governance, and more stable societies.

“For Nigeria, closing gender gaps has the potential to add N15 trillion to our GDP annually by 2025. Women constitute 49 per cent of our population and account for 41 per cent of small and medium-scale enterprise owners.

“Yet their representation in senior leadership is just 22 per cent, with only 3.6 per cent holding seats in parliament. These disparities represent untapped potentials that, if harnessed, could drive our nation’s development forward,” stated Ms Sulaiman-Ibrahim.

The minister said the event was an opportunity to reflect on shared commitment towards advancing gender equality and ending violence against women and children.

Felicia Onibon, Nigeria Report consultant, said that over 100 pages of the ‘Nigeria Beijing Report’ contain all the activities around SDGs and the Beijing platform for action in the past five years.

While speaking on the Nigeria Beijing Report, Nesreen Elmolla, UN Women’s deputy representative, noted the huge milestone recorded in Nigeria.

According to her, the orange and lighting ceremony symbolises hope, unity, and a collective vision for a world and Nigeria free of violence.

Abdourahamane Diablo, head of office and country representative of UNESCO to Nigeria, reiterated their commitment to ending GBV, girl-child education and advancing gender equality.

Francis Koessan, deputy representative of UNFPA, called for more synergy between stakeholders, engagement with men and boys, advocacy for policy implementation to end GBV and investments in preventive measures to ensure women and girls’ safety.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Abubakar Kyari

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Ngozi Okonjo-Iweala

Diaspora

Okonjo-Iweala appointed as WTO director-general for second term

The World Trade Organisation has confirmed the reappointment of Nigeria’s Ngozi Okonjo-Iweala as its director-general for a second term.

HIV PATIENTS used to illustrate the story

Health

Nine million people need HIV treatment, 30 million on ARV: WHO

WHO director-general Tedros Ghebreyesus said this during an online media conference ahead of the December 1, 2024 World AIDS Day.

TINUBU INSIDE PLANE

Economy

Tinubu is not sit-at-home president; frequent trips in Nigerians’ best interests: Presidency

“These trips aren’t junkets. They are critical for the country’s development,” said the president’s spokesman.

Chinese ambassador to Nigeria Yu Dunhai

Economy

Trade expo will promote industrialisation, modernisation in Africa: China

Chinese ambassador to Nigeria Yu Dunhai said the China-Africa trade expo would ensure industrialisation and agricultural mechanisation across Africa.

Plateau IDPs

Health

FG donates medications, agricultural inputs to IDPs in Plateau

The federal government has donated food items, drugs, and agricultural inputs to IDPs in Mangu LGA of Plateau.

Edo State Governor, Monday Okpebholo

States

Governor lifts suspension on Edo security corps

The Edo government says it has lifted the suspension on the operations of the state security corps to strengthen the state security apparatus.