Prof Ayo Omotayo e1694745332910

Stakeholders seek economic empowerment for women

Stakeholders have called for strengthened womenโ€™s economic empowerment interventions in Nigeria for maximum impact.

According to them, harmonising and validating indicators for womenโ€™s economic empowerment policy, and action plans are blueprints towards elevating the economic status of women.

The stakeholders made the call on Thursday at the harmonisation and validation workshop on WEE indicators, action plan and monitoring and evaluation framework organised by the Federal Ministry of Budget and Economic Planning in collaboration with the National Institute for Policy and Strategic Studies and the Development Research and Policy Centre.

Delivering his keynote remarks, the Director General of NIPSS, Ayo Omotayo said the national WEE policy document has the potential to chart a path for transitioning women from having limited economic power, voice, and choice to acquiring skill opportunities.

Omotayo who was represented by the instituteโ€™s acting Director of Research, Dr Musa Umar said, โ€œAs we harmonise and validate the indicators in the WEE policy, action plan, and Monitoring and Evaluation framework, I want to urge you to consider the efficiency, effectiveness, and relevance of the WEE policy.

โ€œI also urge you to consider the sustainability of WEE intervention results, the level of stakeholders and beneficiariesโ€™ satisfaction with the results, and whether the policy frameworks are effective to achieve maximum impact.โ€

The Executive Director of dRPC, Dr Judith-Ann Walker said empowering women economically will not improve individual lives but also drive sustainable development, bolster economic growth, and strengthen families and communities.

DWalker who was represented by the Project Director of dRPC, Dr Stanley Ukpai said there is a need to commit to the validation process and ensure that every indicator agreed upon is practically applicable.

โ€œWe must ensure that our M&E framework can withstand the scrutiny of implementation, delivering data that is reliable, timely, and actionable.

โ€œLet us envision a future where the economic empowerment of women is not an aspiration but a realised fact, where our daughters have equal opportunities to thrive, and where our collective efforts have laid the groundwork for an inclusive and prosperous nation,โ€ she stated.

The Director, National Monitoring and Evaluation, Ministry of Budget and National Planning, Olasumbo Ayinde-Yakub, urged Nigerians to imbibe the culture of monitoring and evaluating policies.

โ€œWe have so many indicators around the pillars of agriculture, entrepreneurship, technology and other indicators tracking women and monitoring that they are efficient, supported and getting what is needed to be economically empowered in all sectors.

โ€œInstitutionising M&E is of benefit to every Nigerian, including the government and the citizens. So we should take it with all seriousness and institutions the culture of M&Eโ€ Ayinde-Yakub said.

On her part, the Senior Special Adviser to President Bola Tinubu on Women Affairs, Fatima Faruk, who was represented by Mariam Abdullahi urged the stakeholders to ensure women at the grassroots are carried along when implementing policies.