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Finance expert advocates more training of women in business management

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Mr Muhammed Suleyman, the Director, Financial System Strategy 2020 (FSS2020) has called for the training of women in Business Management to assist in the development of the sector.

Suleyman made the call in an interview with the Nigeria News Agency on Wednesday in Abuja.

According to him, there is need for women to have the best technical know-how to run their businesses.

He said that the only challenge confronting women in their business was the lack of skills to bridge the gap in business management, adding that if their businesses grew, the economy of the nation would grow.

“Women have been known to be the best and better managers of resources and empowering a woman will amount to empowering the whole nation.

“If we are able to build the skills of women in Small and Medium Sized Enterprises and Agriculture, it will have great impact on our economy and we will be able to compete globally,’’ he said.

He noted that one of the three pillars of the objectives of FSS 2020 was the integration of financial markets base.

According to him, it is important to focus on building the capacity of Nigerian women who are in business.

“When women are being empowered and trained, they will be able to compete favourably with the international business community.

“ We have focused our attention on training these women because we believe that this can make their business grow to have products that can be sold competitively in the international market.

“What the FSS2020 is doing is in line with the focus and the attention given to women by President Muhammadu Buhari and the Central Bank of Nigeria (CBN).

“Also other development financial institutions have created windows where intervention are specifically directed to empower women  and give them access to credit facility to run their businesses,” he said.

Suleyman said that if the skills of the women were built in business management with the intervention and windows opened by the Federal Government and financial institutions they would be able to meet their target. (NAN)


BOL/CCN

Edited by Grace Yussuf