World's Richest Black Woman, Alakija Tasks Banks On Loan Access To Women

World’s richest black woman and Chief Excuitve Officer, Famfa Oil Ltd, Folorunso Alakija has asked banks to soften the stringent conditions on accessing loans, and provide special facilities for women, as a way of bringing improvement to the society.

This is against the backdrop of challenges faced by women in accessing loans from banks and other financial institutions across the country.

Furthermore, she said another way forward would be for governments at all levels to promulgate policies that promote gender balance in employment in various industries in the country.

She added that governments should further make policies which mandate companies to have a certain minimum percentage of females on the boards of  companies in the country and impose sanctions on erring ones.  

Alakija who gave a keynote address at BusinessDay’s Fifh Annual Inspiring Woman conference, with the theme ‘Yes She Can’, in Lagos, also identified effective mentoring and networking, parental upbringing and identifying the right career, amongst others, as the way forward to inspiring women and brining about the desired change.    

SOURCE