Entrepreneur and talent manager Ubi Franklin has called for stronger structural foundations in women led businesses, emphasising the need for sustainability, strategy and long term planning. Women led businesses refer to enterprises owned or managed primarily by women, often playing a key role in economic development.
Franklin noted that while there has been a rise in female entrepreneurship in Nigeria, many ventures struggle due to weak operational structures and limited access to resources.
He stressed the importance of building solid business frameworks, including financial management systems, governance structures and clear growth strategies.
Observers note that women entrepreneurs face unique challenges such as limited funding access, societal expectations and market barriers.
Stakeholders in the business community have echoed the call for increased support, including mentorship programmes and access to capital.
Experts highlight that strengthening foundational elements can significantly improve business resilience and scalability.
The development underscores the growing conversation around gender inclusion and economic empowerment.
Analysts believe that targeted interventions will be essential in unlocking the full potential of women led enterprises.
