Wien expresses concern over underutilisation of ncdmb's $40m women in energy fund

The Women in Energy Network (Wien) has raised concerns about the underutilisation of the Nigerian Content Development and Monitoring Board's (Ncdmb) $40 million Women in Energy Fund. This fund aims to support women in the energy sector, but reports indicate it has not been fully utilised. The issue highlights ongoing challenges in promoting gender inclusion in Nigeria's energy industry.

The Nigerian Content Development and Monitoring Board (Ncdmb) established a $40 million Women in Energy Fund to empower women in the oil and gas sector. However, the Women in Energy Network (Wien) has expressed worry over its underutilisation, as reported in recent coverage. This fund was intended to provide financial and developmental support to enhance female participation in energy-related activities.

Wien's concerns point to potential barriers in accessing the resources, which could hinder progress toward gender equity in the industry. No specific reasons for the underutilisation were detailed in available reports, but the issue underscores the need for better implementation strategies. The Ncdmb has not publicly responded to these worries in the provided information.

Related discussions in the energy sector include efforts by the Nigerian Oil and Gas (NOG) to advance competitive economies and the Nigeria Extractive Industries Transparency Initiative (Neiti) defending federal government policies on oil revenues. Additionally, the Nigerian Maritime Administration and Safety Agency (Nimasa) renewed partnerships for maritime education. These developments occur amid broader efforts to strengthen Nigeria's energy and resource sectors.

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The Nigerian Oil and Gas (NOG) is set to advance energy ambitions aimed at building competitive and resilient economies.

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