Mrs Mfon Usoro, the Managing Partner of Paul Usoro & Co. speaks on gender inequality in the transport industry at a Conference holding on the 16 January 2020 at Washington DC USA titled “Gender: Moving from Talk to Action”
The Sustainable Development Goals (SDGs) are the blueprint to achieve a better and a sustainable future for all. One of the global challenges in achieving SDGs is gender inequality. Addressing the inequalities in the transportation sector is key to achieving that goal. The transport industry is one of the most important element in a country’s infrastructural development and have been directed towards the male gender with little or no regard to the needs of women within the industry. Thus, this has brought about the existence of transport systems that do not effectively cater for the female gender and female participation in the transport workforce. At this moment, It has become imperative that transport projects and services take into cognizance gender perspective when designing a sustainable transport system.
The Conference would also discuss how the transport sector can promote global growth, trade, economic inclusion and sustainability with a focus on women and the developing world.
On 18 March 2019, the Central Bank of Nigeria (“CBN”) published a circular dated 07 March 2019 to all microfinance banks in Nigeria (“MfBs”) titled, “Review of Minimum Capital Requirement for Microfinance Banks in Nigeria’’ (“Revised Circular”). The Revised Circular seeks to revise the minimum capital requirement for all MfBs on which it had earlier issued a circular on 22 October 2018.