. Calls for gender balance
By Stanley Onyeka, Lagos
The Women in Energy Network (WIEN), has lauded President Bola Tinubu, for his recent appointment of a new board for the Nigerian National Petroleum Company (NNPC) Limited, even as it pressed for gender inclusion.
This move, WIEN said, brings on board a group of highly respected professionals to inject fresh perspectives and energy into the realization of Nigeria’s national energy and economic aspirations.
WIEN President, Eyono Fatai-Williams, in a statement, said: “This strategic reconstitution comes at a pivotal moment for the energy sector, one marked by transformation, diversification, and an ongoing transition toward sustainability.
“WIEN is pleased to note the appointment of a new Group Chief Executive Officer and the constitution of an 11-member team, led by a non-executive chairman, to steer the direction of NNPC Limited.
“Additionally, the inclusion of six non-executive directors representing Nigeria’s geopolitical zones, as well as representation from the Ministries of Petroleum Resources and Finance, signals a broad-based approach to tackling the challenges facing the sector.
“These appointments, made in accordance with Section 59, Subsection 2 of the Petroleum Industry Act, 2021, are expected to enhance operational efficiency, restore investor confidence, increase local content, boost economic growth, and advance the commercialization and diversification of gas resources.”
The group also noted that in light of the current economic challenges, particularly the foreign exchange squeeze and inflationary pressures, the need for effective leadership and strategic vision in the energy sector has never been more urgent.
“WIEN also acknowledges the significant progress these appointments represent within the broader framework of energy sector reforms. These reforms are crucial for attracting sustainable investments that will stimulate both oil and gas production and the development of local refining capacity.”
This absence of women on the NNPC board not only perpetuates a gender imbalance but also fails to recognize the invaluable role that Nigerian women have played, and continue to play, in the energy sector.
Gender parity
However, WIEN expressed concern over the lack of women on the NNPC Board, arguing that creating opportunities for all Nigerians, particularly women, to thrive in every sector of the economy.
This, it said, underscores the commitment to gender equality and inclusivity, recognizing the immense contributions of women across various spheres of society.
The statement reads further “However, while the objectives of the Renewed Hope Agenda are commendable, we at WIEN (Women in Energy Nigeria) are deeply concerned about the current composition of the newly appointed NNPC board.
“Despite the President’s progressive agenda for his administration, the board’s lack of sufficient female representation is a stark contradiction to the commitment of ensuring 35% gender representation in leadership positions, as outlined in his plan.
“This absence of women on the NNPC board not only perpetuates a gender imbalance but also fails to recognize the invaluable role that Nigerian women have played, and continue to play, in the energy sector.
“Women in Nigeria have consistently demonstrated excellence and innovation in energy-related fields, making significant contributions to the industry’s growth and development. Yet, their voices remain underrepresented in the key decision-making spaces.
“We urge President Tinubu and the administration to ensure that the principles of the Renewed Hope Agenda are reflected in every aspect of governance, particularly in the energy sector, where gender equity is not just an ideal but a necessity for sustainable development.
“It is vital that women are not only included but are empowered to lead at every level. This will not only enhance the industry but will also set a precedent for future generations, where equality in leadership is not merely aspirational but a reality.”
