The UK has pumped $100 million to assist women owned enterprises in Nigeria, the British High Commissioner to Nigeria, Ms Catriona Laing, said.
She said on Wednesday in Abuja that that United Kingdom (UK) government launched a $100 million programme through the First Bank of Nigeria as direct funding to women owned enterprises.
Laing, made this known at the ongoing Gender and Inclusion Summit organised by the Policy Innovation Center, (PIC), an initiative of the Nigeria Economic Summit Group (NESG).
She said the investment is part of the implementation of the UK’ three Es projects, namely Educating girls, Empowering women and Ending violence against women and girls.
“The UK has three areas focusing on Gender. The three Es which included, educating girls, empowering women and ending violence against women and girls.
“The UK has worked on education for decades now particularly in the north-east Nigeria where we have supported 1.4 million additional girls going to school.
“On the empowerment side, we recently launched a hundred million programme through the first bank of Nigeria which will direct funding specifically to women owned enterprises,” she said.
Laing explained that gender rights are basic human rights and everyone is entitled to them but there are social norms, religious norms and behavioral norms which are used as excuses for not making progress on gender equality.
According to her, they were also digitising humanitarian services and cash transfers so that women can receive money directly into their bank accounts to empower them more.
