The federal government expressed their intention to strengthen the Securities and Exchange Commission (SEC) to reposition Nigeria’s capital market.
This was made known on Monday by the minister of finance, budget and national planning, Zainab Ahmed
The minister revealed this in her remark while in Abuja to receive the revised Nigerian capital market master plan (2021-2025). The document was submitted to the minister by the capital market master plan implementation council led by Lamido Yuguda, director-general, SEC, and other top officials of the commission.
The review of the master plan, according to Ahmed, showed that the capital market growth is in line with the current administration’s commitment to re-position the country’s financial markets for private-sector-led development.
The ministry of finance has supported the master plan implementation efforts since its inception, said the Minister. She commended the Commission, the implementation committee and stakeholders for the the achievements so far, particularly with design of savings strategy and aiding access to alternative investments.
