OTRFA 2022

Lagos Chapter FGGC Abuloma Old Girls’ Association

 

Lagos Chapter of the Federal Government Girls College Abuloma Old Girls’s Association is made of members resident in Lagos State Nigeria. The Alumna is also a member of the larger Unity Schools Old Students’ Association USOSA.
The Federal Government of Nigeria established unity schools which are also known as government colleges all over the states in Nigeria to foster unity among Nigerians from different cultural, geographical, and social backgrounds. FGGC Abuloma started on 16th of January 1975 in Abuloma Rivers State. 

About the ‘On the road from Abuloma (OTRFA) conference’

The name of the conference was lifted from a reflective speech delivered by Mrs. Boma Alabi OON, SAN  at the Association’s first Annual General Meeting in July 2019. She called on every girl to reflect on the journey from when they left school to where they currently are and the impact they have been making along the way.

Women and girls have been excluded from opportunities and marginalized by men for centuries, thus, limiting them from achieving their full potential economically, politically, and socially. As a result, they lack the means for wealth-creation and upliftment. Statistics that reflect the proportion of women living in extreme poverty against the number of men living in the same condition confirm that economically women are more disadvantaged than men. 93.7 million Nigerians live in extreme poverty, that is, 47.7% of the Nigerian population and of these, 80 percent are women. This is the result of several factors, including religious and socio-cultural practices, that restrict the economic empowerment of women. The poor situation of women and girls in Nigeria is further worsened by their low levels of education and literacy: The 2010 National Bureau of Statistics report records the nationwide literacy rate for women at 63.7 percent, while that for men is 79 percent.

 

Despite significant interventions across the world in the last few decades to promote gender equity and economic justice, women still face numerous hurdles and discrimination at different levels especially financially. For instance, the World Bank estimates that only about 30% of formally registered businesses worldwide are women-owned, and access to finance is a major challenge resulting in a massive financial gap of about $320 billion between men and women-led enterprises. Furthermore, most investors profile investments into female-led and owned businesses as riskier and hence, make it difficult for women to access both debt and equity financing. An International Finance Corporation (IFC) study in 2017 reports that women-led enterprises received less than 3% of global venture capital. In Africa, the financing gap between men and women entrepreneurs is significant and estimated to be $42 billion. This is even worse in Nigeria as there are only a handful of successful female entrepreneurs in comparison to men who find it easier to access funding for their enterprises. 

 

While the Nigerian Government has increased its efforts to achieve gender equality by instituting programs and policies, and by bolstering the institutional and legal framework necessary for sustainable development in the country, institutions, organizations, and individuals must take deliberate efforts to support women empowerment in finding their balance as wives, mothers, daughters, employees, business owners, politicians and bonafide citizens of Nigeria.