•Nigeria misses mention among top performers
The regulatory environment for women’s economic participation has improved over the past two years, but Nigeria is missing mention among 40 countries that enacted 62 reforms that will help women.
The women– half of the world’s population, would need the reforms to realise their potential and contribute to economic growth and development, a new World Bank study has said.
Still, the results are uneven, as women in many countries have only a fraction of the legal rights of men, holding back their economic and social development.
The study, “Women Business and the Law (WBL) 2020”, measures 190 economies, tracking how laws affect women at different stages in their working lives and focusing on those laws applicable in the main business city.
It covers reforms in eight areas that are associated with women’s economic empowerment, conducted from June 2017 to September 2019, precisely on mobility, workplace, pay, marriage, parenthood, entrepreneurship, assets and pension.