• Privacy Policy
  • Terms
  • About us
  • Contact Us
Sunday, June 4, 2023
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

NACCIMA women want 30 percent public procurement sum

The Matters Press by The Matters Press
December 3, 2021
Reading Time: 3 mins read
0
IMF raises alarm over Nigeria’s economy, but supports reform efforts

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Business Women Group (NAWORG), Thursday urged the federal government to ensure 30 percent of all procurement sum is given to women businesses to improve nation’s economy.

RELATED POSTS

Avoid adverse effects of protectionism, IMF warns

NLC orders nationwide strike over fuel subsidy removal

We won’t fix petrol prices again – NMDPRA

Hajiya Aisha Abubakar, Chairperson, NAWORG, made the call at a press briefing after a roundtable advocacy event for the Implementation of the Presidential Executive Order on the Consideration and Allocation of Quota to Women Owned Businesses in Public Procurement in Abuja.

The theme of the briefing is “Enhancing Women’s Economic Empowerment through inclusive Government Procurement Processes”.

Abubakar said channelling some percentage of the procurement sum to women entrepreneurs would ensure their inclusion in public procurement processes and enable them contribute to the nation’s economy annually.

According to her, despite President Muhammadu Buhari’s Executive Order 003; instructing all Ministries, Departments and Agencies (MDAs) to grant preference to local manufacturers in their procurement of goods and services, a little percentage goes to women-owned businesses.

ALSO READ  Access to water, toilets must be priority

” The case for gender equality is founded in both human rights and economic arguments. As such, closing gender gaps must be a central part of any strategy to create more sustainable and inclusive economies and societies.

“We, therefore, advocate specifically for improved market demand for products and services of women-owned businesses by leveraging on the Presidential Executive Order 3 published in 2017, titled, Executive Order On Support for Local Content in Public Procurement by the Federal Government.”

Abubakar, said that the case for gender equality is founded in both human rights and economic arguments.

“While gender parity in education attainment is improving, women still remain severely under-represented in key, growth-enhancing fields of education such as science, technology, engineering and mathematics.

ALSO READ  Association seeks empowerment of women farmers

“Women are less likely to work for pay, and do more unpaid housework than men. Given this backdrop, it is no surprise that women’s position in business leadership and entrepreneurship needs to be strengthened,” she said.

The Chairperson also called for increased access to support networks, including professional advice on legal and fiscal matters, apart from importance for improved market demand for products and services of women-owned businesses.

Also, Mrs Vera Ndanusa, President, Nigerian Association of Women Entrepreneurs, said inclusiveness, transparency, competitiveness and professionalism in Nigeria’s public procurement will improve participation of women businesses.

Ndanusa,who is also the National Coordinator, Partnership for Advancing Women in Economic Development (PAWED), said the 003 and 005 provides an opportunity for women businesses to thrive.

“In Nigeria, women businesses accounts for only 1% of all procurements at the federal and state levels.

” This is due to lack of access to information about the opportunities, legal and regulatory challenges, and other barriers preventing women from having access to this critical sector of national growth.

ALSO READ  Women get training on rice processing

“While globally, procurement is estimated to be $5.5BN, Nigeria spends $1.1bn on procurement.This equivalent to N473bn. Only N4.73bn goes to women businesses.

“Let us, therefore, work together to ensure that the commitment by Nigeria’s stakeholders to ensure 30% of all procurement is given to women businesses by 2026 becomes a reality,” she said.

Also, Deputy Registrar, UNWomen, Mr Lansana Wonneh, stressed the need for the government to strengthen women owned business to move the naion’s economy, create job opportunities and bridge gender gap.

On his part, Mr Ayoola Olukanmi, Director General, NACCIMA, reiterated their commitment to the success of the implementation of the Executive Order so that the 30 percent procurement sum for women businesses would become a reality.

Tags: NACCIMAWomen
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Economy/Technology

Avoid adverse effects of protectionism, IMF warns

June 3, 2023
Unions celebrate Workers Day in Nigeria
Economy/Technology

NLC orders nationwide strike over fuel subsidy removal

June 3, 2023
July petrol pump price ranges between N140.80 and N143.80
Economy/Technology

We won’t fix petrol prices again – NMDPRA

June 3, 2023
Blackout hits Nigeria as grid collapses again
Economy/Technology

Tanzania to end frequent power blackouts in two years

June 2, 2023
FIRS deploys tech platform for tax collection
Economy/Technology

ECA calls for inclusive tax system to secure SDGs

June 2, 2023
Nigeria has not taken decision yet on fuel subsidy
Economy/Technology

PANDEF backs fuel subsidy removal

June 2, 2023
Next Post
NEITI raises committee on contract transparency

NEITI raises committee on contract transparency

Stable petrol supply excites Buhari

Bridging payments for PMS remain – NMDPRA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Experts validate Nigeria’s implementation strategies for success under AfCFTA

New banknotes available for collection, Emefiele tells banks

January 19, 2023
Gov. Ganduje signs N268bn Kano budget into law

Gov. Ganduje signs N268bn Kano budget into law

December 29, 2022
Nigeria, WFP worry over food situation

Global food trade increases by 14% – FAO

November 12, 2021

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Avoid adverse effects of protectionism, IMF warns
  • NLC orders nationwide strike over fuel subsidy removal
  • We won’t fix petrol prices again – NMDPRA

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?