• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Minister Urges More Support For Women In Renewable Energy Transition

by Orjime Moses
9 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The Minister of Budget and Economic Planning, Abubakar Bagudu, has stressed the urgent need to provide affordable energy solutions for women entrepreneurs, particularly in the face of rising energy costs.

At a one-day stakeholder dialogue held in Abuja yesterday, focusing on improving access to finance and promoting the adoption of renewable energy and energy-efficient technologies for Nigerian women in agriculture and trade, Bagudu highlighted that high energy costs are undermining the competitiveness of women-led businesses across the country, particularly in the production sectors.

“Women are struggling with high costs, and if we don’t find affordable solutions for them, they may not be able to compete effectively,” the Minister said.

He highlighted the importance of ensuring that any energy support is cost-effective, particularly as renewable energy solutions become more prominent.

RELATED

Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

1 hour ago
New Afreximbank President To Restructure African Trade

New Afreximbank President To Restructure African Trade

1 hour ago

However, he cautioned that while rural women might benefit more from renewable energy, the high initial costs pose significant challenges.

Bagudu proposed that renewable energy companies consider offering energy services directly to women entrepreneurs rather than simply selling energy tools.

This, he noted, would help women remain competitive while transitioning to cleaner energy sources.

He also commended the involvement of development partners in renewable energy initiatives, calling for greater innovation and collaboration to address the unique energy needs of women in business.

During the forum, Bagudu urged women to organize professionally and stay engaged in the democratic process to influence policies and decisions that directly affect them.

He pointed to several government programs aimed at supporting women entrepreneurs, including consumer credit systems designed to make renewable energy more affordable.

Reflecting on Nigeria’s broader energy transition, Bagudu cited the shift from petroleum to more affordable alternatives like compressed natural gas (CNG).

He stressed that adopting diverse and sustainable energy sources could significantly benefit women in trade, agriculture, and business.

The event also featured input from renewable energy experts, including Founder and CEO of SOSAI Renewable Energies Company, Habiba Ali.

Ali detailed her company’s efforts to understand and address the energy challenges faced by women-led businesses, noting the importance of collaboration with organizations such as the Women’s Chamber of Commerce, Industries, Mines, and Agriculture.

“We hosted a solutions lab to gather women from various sectors and hear directly about their energy challenges. The key issue that emerged was financing,” Ali said.

Following this, SOSAI organized a stakeholder consultation involving banks and development partners to explore financing options for renewable energy solutions for women.

Programme Manager at Heinrich Boell Stiftung, Donald Ikenna Ofoegbu
echoed these concerns, focusing on the importance of tailored financing models for women.

“We’ve designed business models with low-interest rates and flexible payment options to make clean energy more accessible,” Ofoegbu explained.

He also advocated for the establishment of a government-backed renewable energy fund to provide affordable credit to women’s businesses.

The event underscored the need for continued collaboration between the government, private sector, and development partners to advance women’s access to renewable energy and ensure their competitiveness in the economy.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Defend Democracy, PDP Tells Nigerians On Independence Day

Next Post

Police Arrest Man For Suicide Attempt In Adamawa

Orjime Moses

Orjime Moses

You May Like

Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture
Business

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

2025/06/29
New Afreximbank President To Restructure African Trade
Business

New Afreximbank President To Restructure African Trade

2025/06/29
Queen Mary Of Denmark Promises More Investment In Nigeria’s Port Infrastructure
News

Queen Mary Of Denmark Promises More Investment In Nigeria’s Port Infrastructure

2025/06/29
Oyetola
Business

Federal Gov’t Launches Life-jacket Safety Initiative

2025/06/29
Tech Scholar To Drive Academic Vision As OAU’s New DVC
Business

Tech Scholar To Drive Academic Vision As OAU’s New DVC

2025/06/29
MONEY MARKET: Assessing Customers’ Losses To Fraudsters Through Digital Banking
Business

Cybercrime: Half Of Victims Paid Ransom In 2025

2025/06/29
Leadership Conference advertisement

LATEST

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

New Afreximbank President To Restructure African Trade

Queen Mary Of Denmark Promises More Investment In Nigeria’s Port Infrastructure

Federal Gov’t Launches Life-jacket Safety Initiative

Tech Scholar To Drive Academic Vision As OAU’s New DVC

Cybercrime: Half Of Victims Paid Ransom In 2025

FG Moves To Curb Brain Drain With Digital Career Pathway For Civil Servants

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria

Starlink Now Live Nationwide As Konga Offers Free Same-day Delivery

Hunger Nigeria’s Most Dangerous Enemy, Says Audu Ogbeh

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.