SEC, NGX, and IFC Advocate Gender-focused Initiatives to Empower Women in Nigerian Private Sector

The Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX), and the International Finance Corporation (IFC) have reiterated their call for increased gender-focused initiatives aimed at creating more opportunities for women in leadership, employment, and entrepreneurship within the Nigerian private sector.

This appeal was made during the inaugural Gender Leader Awards (GLA) held in Lagos. The GLA, implemented as part of the Nigeria2Equal (N2E) program, aims to recognize and celebrate private sector companies that demonstrate exceptional performance in promoting gender equality.

The event, which took the form of a hybrid gathering, brought together industry leaders, capital market regulators, policymakers, investors, and other stakeholders. During his address, Mr. Babajide Sanwo-Olu, the Governor of Lagos State, emphasized the transformative impact of the program on advancing gender equality nationwide.

He highlighted the significance of leveraging the full potential of women to achieve a nation’s overall development. Commending the companies that participated in the Nigeria2Equal program, he stated, “Your unwavering dedication to closing gender gaps and fostering a more equitable workplace serves as an inspiration for us all.”

The collective call by SEC, NGX, and IFC for gender-focused initiatives underscores the importance of empowering women and promoting gender equality within the Nigerian private sector.

The GLA serves as a platform to recognize and showcase companies that have embraced and implemented such initiatives, setting an example for others to follow.

By encouraging more inclusive practices, such as equal opportunities for women in leadership positions and entrepreneurship, these organizations aim to create a more balanced and prosperous business environment.

The commitment to gender equality and the promotion of a diverse and inclusive workforce is crucial for driving sustainable economic growth and maximizing the potential of Nigeria’s private sector.

Experts say through collaborative efforts and continued support for gender-focused initiatives, SEC, NGX, and IFC are championing positive change and fostering an environment where women can thrive and contribute significantly to the nation’s progress.

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