IWD: There are 23 million female micro-business entrepreneurs in Nigeria, support them - Peter Obi

The Presidential Candidate of the Labour Party in the 2023 election, Peter Obi, has stated that there are 23 million female entrepreneurs in the Small and Medium Enterprises (SME) sector in Nigeria, and supporting them will help the economy of the country significantly.

Obi said this in a post on X today in celebration of the International Women’s Day that is marked on March 8 every year.

“Women account for 41% of ownership of micro-businesses in Nigeria with about 23 million female entrepreneurs in the SME sector, who with adequate support, will aid our journey from consumption to production. United with our women, therefore, our journey to the New Nigeria becomes even more possible”, he said.

Obi praised the entrepreneurial spirit of Nigerian women, and urged that it should be encouraged and supported. He added that the right support of this passion will help in the economic development of the nation.

Obi has been campaigning for women to be given more responsibility in business spaces, pointing out that with them accounting for 49.4% of the population, the country cannot afford to sideline them in any sector, much less the business sector. Small business play a significant role in Nigeria’s economy, and cutting out one gender in favor of the other would be counterproductive at best, and destructive at worst.

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