The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has reaffirmed President Bola Ahmed Tinubu’s strong commitment to women’s economic empowerment while also advocating for their global financial inclusion in line with contemporary realities.
Speaking to World leaders during a high-level IMF Annual Meeting at the World Bank Headquarters Washington DC, HM Edun emphasised the urgent need for expanding women’s access to financial services, capital, and electricity, aligning Nigeria’s efforts with global initiatives.
In his remarks, HM Edun commended World Bank President Ajay Banga for his ambitious target to connect 80 million women to financial services, a key part of the World Bank’s broader strategy to promote gender equality and economic empowerment. This initiative aims to provide women with the necessary financial tools and capital to start or grow their businesses, fostering their integration into the global economy.
Ajay Banga’s vision is inspiring, and Nigeria fully supports these global efforts, the Minister said.
He added that empowering women through financial inclusion is essential for unlocking their potential and driving economic growth.
The Minister also highlighted Nigeria’s ongoing reforms, which prioritise women’s access to financial resources, ensuring they are positioned to fully contribute to Nigeria’s economic future.
The event underscored the increasing collaboration between the World Bank and IMF on gender-focused economic policies, with Nigeria playing a pivotal role in advancing these discussions across Africa.
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun’s passionate advocacy for women’s financial inclusion at the World Bank-IMF meeting marks a significant milestone in Nigeria’s journey towards gender equality and economic empowerment.
By reaffirming President Bola Ahmed Tinubu’s commitment to women’s economic empowerment, HM Edun has sent a strong message that Nigeria is ready to unlock the potential of its women and drive economic growth.
Nigeria’s support for World Bank President Ajay Banga’s ambitious target to connect 80 million women to financial services is a testament to the country’s dedication to promoting gender equality and economic empowerment. The Minister’s emphasis on expanding women’s access to financial services, capital, and electricity aligns with global initiatives and underscores Nigeria’s leadership in advancing women’s economic empowerment in Africa.
The ongoing reforms prioritizing women’s access to financial resources will ensure that women are positioned to fully contribute to Nigeria’s economic future. As Nigeria continues to play a pivotal role in advancing gender-focused economic policies, the country’s economic resilience and leadership will be crucial in promoting sustainable economic practices globally.
Ultimately, empowering women through financial inclusion is essential for driving economic growth and unlocking their potential. With Nigeria at the forefront of this movement, the future of women’s economic empowerment in Africa looks brighter than ever.
Signed
Mohammed Manga FCIA
Director, Information and Public Relations
