The Niger Delta Development Commission (NDDC) and Union Bank Nigeria are teaming up to provide financial support and training for women entrepreneurs in the Niger Delta region. The partnership aims to enhance livelihoods and promote gender equality in business.
During a visit by Union Bank Nigeria to the NDDC headquarters, Managing Director Samuel Ogbuku pledged support for women empowerment through single-digit loans and collaborative initiatives with the Niger Delta Chamber of Commerce. The Chamber will help assess risks and establish a database to guide NDDC’s empowerment schemes, ensuring effective monitoring of entrepreneurs’ performance.
By adopting a Public Private Partnership (PPP) model, the NDDC aims to accelerate development in the region, recognizing its pivotal role in Nigeria’s economy. Ogbuku emphasized the importance of peace for sustainable development and expressed a commitment to strengthening industrious women in the Niger Delta.
Union Bank’s Regional Business Executive, Chidi Ileka, stressed the need for training to empower women in business. The partnership seeks to provide women with access to finance, development programs, and affordable healthcare. It aims to equip them with the tools and resources needed for financial independence.
Mrs. Chioma Nwokike, Head of Alpher and Women Lead Business at Union Bank, highlighted the initiative’s focus on long-term financial security through savings and investments. The joint program will offer comprehensive business and personal development programs, including training, capacity-building, and leadership development.
Affordable healthcare for women in the Niger Delta will also be a priority, ensuring their well-being and enabling them to focus on personal and professional growth. The NDDC and Union Bank’s collaborative effort is set to empower and uplift women entrepreneurs in the region.