By Prosper Mene
Hundreds of Nigerian women entrepreneurs descended on Lagos today for the “Women in Business Summit,” demanding bold policy changes to secure greater economic inclusion in a nation where their potential remains largely untapped. Held at the Eko Convention Centre, the event brought together business owners, policymakers, and international advocates to address the stark disparities facing women-led enterprises.
Funke Adeyemi, founder of a fast-growing fintech startup, set the tone with a fiery opening speech. “We’re not asking for handouts—we’re demanding a level playing field,” she declared, citing data that women-owned businesses in Nigeria receive less than 15% of available venture capital despite driving significant job creation. Adeyemi pointed to the success of initiatives like “SheTrades Nigeria,” which has empowered over 5,000 women to break into export markets since its launch in 2023, as proof of what’s possible with proper support.
The summit’s urgency was amplified by recent commitments made at the UN Commission on the Status of Women (CSW69) earlier this month, where Nigeria pledged to advance gender equity. Yet attendees, including small-scale traders and tech innovators alike, voiced frustration over slow progress. “Access to loans, training, and markets shouldn’t be a privilege—it’s a right,” said Chidinma Okoro, a textile entrepreneur from Aba, echoing a common refrain.
Government representatives present, including the Minister of Women Affairs, promised to review proposals for tax incentives and microfinance schemes tailored for women. International delegates from the World Bank and UN Women also pledged technical support, spotlighting Nigeria as a key player in the global push for women’s economic empowerment.
As the day unfolded, the summit trended online under #WomenMeanBusiness, with participants vowing to hold leaders accountable.
