Business
End Violence, Guarantee Women’s Rights – ILO
Director-General, International Labour Organisation (ILO), Mr Guy Ryder, said on Friday that ending violence against women was about guaranteeing their basic right and liberating them from the ties of prejudice.
Ryder said this in a message to commemorate this year International Day for the Elimination of Violence against Women.
He said that violence and harassment might prevent women from entering the labour market, especially in male-dominated sectors and jobs.
“When a woman is harassed, humiliated or assaulted at work, the very notion of decent work for all is jeopardised.
“The ILO will continue its work until the world of work is free from violence. “When a woman comes to work bruised in body and spirit, we must all take a stand,” he said.
The DG said it was regrettable that workers, particularly women, are at risk when they are expected to provide sexual services or endure harassment in exchange for getting a job or promotion.
He also said that women were disproportionately represented in low-wage jobs, especially in the lower tiers of the supply chain.
“They are also subject to discrimination, sexual violence and other forms of workplace violence and harassment. “Violence and harassment cannot be considered part of the job, neither for women nor for men,” Ryder said.
He advised governments to focus on transforming gender stereotypes and unequal power relations between men and women that underpin such violence.
Meanwhile, some workers in Lagos have supported the call by the ILO to eliminate violence in work places and urged all stakeholders to take a stand against it, adding in an interview with newsmen in Lagos.
A gender activist, Ms Maltida Ogundele, said that assault against women should be eliminated to protect lives and save many homes.
“As a single mother, I escaped from my home because of the constant battering, humiliation and assault both at home and on the street,” Ogundele said.
The gender activist said that government at all levels must take action to protect women against domestic and various kinds of violence.
A civil servant, Mrs Nkeiru Okafor, said that gender violence was a challenge that has led to death and maiming of many women across the country.
Okafor said that continuous campaigns and enlightenment should be done to prevent or warn men against molesting or humiliating women, not only at home but in work places.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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