Source: Daily Trust
Minister of Women Affairs and Social Development Hajiya Zainab Maina has said she would soon be meeting with the Governor of the Central Bank of Nigeria to seek his intervention on enabling women get waivers from commercial banks on their credit facilities.

She disclosed this in Abuja when a South African Non Governmental Organization, New Faces and New Voices, and led by officials of the Nigerian Bank of Industry paid her a visit.

She said as part of ongoing efforts to address the economic challenges experienced by women in Nigeria she will be pressing for the waivers to enable them access bank credit facilities as a means of boosting their economic ventures towards economic empowerment and self reliance.

Maina said in a statement from the ministry signed by Mallam Saghir el Muhammed that most Nigerian women find it extremely difficult to access credit facilities from larger financial institutions than the microfinance banks.

According to her, large scale women entrepreneurs who do not have landed assets to use as collateral to secure huge loans are often denied such facilities despite their great potentials and preparedness to be productive.

Earlier, the Executive Director of New Faces and New Voices of South Africa, Nomsa Daniels explained that her organization is an advocacy economic group that gives the African woman a voice to shape the economic activities of the continent.

 

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