Finance

77 percent of women don’t have access to CBN, other credits

About 77 per cent of Nigerian women lack access to government credits like those in the Central Bank of Nigeria (CBN) and other financial institutions, Action Aid Nigeria has said.

It said only 23 per cent of women have access to such interventions, which is low.

The organisation said its data shows that in terms of processing facilities across the 36 states and FCT, smallholder women farmers have access to only about 18 per cent and 16 per cent in terms of storage facilities.

Azubike Nwokoye, Food and Agriculture Programmes coordinator, Action Aid Nigeria and Chairman National Gender Steering Committee for the implementation of the National Gender Policy in Agriculture for Nigeria, said this in Abuja.

He made the statement when the committee paid a working visit to the Head of the Civil Service of the Federation (OHCSF).

He said, “For the first time in Nigeria, the Federal Ministry of Agriculture and Rural Development had come up with a gender policy in agriculture because of the large gap in terms of the variability of women across Nigeria, especially in the agricultural sector.

“Recent data by Action Aid Nigeria shows in terms of processing facilities across the 36 states and FCT, Small holder women farmers have access to only about 18%; in terms of storage facilities 16%; market access is quite low, transportation is less than 10%; 50% in terms of access to land and the access is not control. It could be leasing or renting. Ownership is just about twenty something per cent.

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