The Minister of women affairs and social development, Pauline Tallen carried out a two day capacity building on business growth and management development for women from the six area Council of the Federal Capital Territory,FCT.
The training which drew over 600 participant, held at the Cyprain Ekwensi arts and culture.
Delivering the keynote address the minister, Tallen said the training aims at building the capacity of Women entrepreneurs on Business Growth and Sustainability.
The Minister, represented by the Director, Economic Services Department Mr. Idris Mohammed, described the event as very timely as it came at a time when the federal government is trying to reposition the economy from oil production to agriculture and entrepreneurial skills in order to achieve economic development.
Tallen observed that, “globally, entrepreneurship in Small, Medium and Large Scale have been accepted as the engine of economic growth and promoting equitable development adding, the training will help position women to contribute meaningfully to economic development of the country.
She further noted that “women have natural appetite for entrepreneurship, as most women who started petty-trading in the past, today, have grown to bigger enterprises that employ large labour force and generate financial support to the economy.
However, she observed that, one of the major constraints of women entrepreneurship development is limited access to affordable credit.
She therefore, called for proactive steps to engender an upsurge in credit facility to women entrepreneurs.
“Banks and other financial institutions should be encouraged to offer their support in order to achieve the necessary growth of Entrepreneurship development, growth and sustainability,” she said.
“Government is making efforts to create the enabling environment, through provision of infrastructure to reduce the cost of doing business. Investors should take advantage of this to establish and develop their businesses.
“Investor’s are equally encouraged to come in to invest as the environment is made conducive for business growth,”Tallen said, as she charges the participants to make adequate use of the training by resource persons to grow and sustain their business.
Earlier in her welcome address the Permanent Secretary Mrs. Ifeoma Anagbogu, represented by the Deputy Director, Economic Service Department Blessing Anunike, said the event was a clear demonstration of the ministry’s commitment towards development and empowerment of women.
Stating that “the training will expose participants to information that will widen their horizon, transform their businesses, reduce poverty, engender economic growth and sustainability.”