The Federal Government has reiterated its commitment to bolstering Nigeria’s capital market as a key driver of economic growth and wealth creation. Minister of State for Finance, Dr. Doris Uzoka-Anite, disclosed this during a meeting with the Securities and Exchange Commission (SEC) board in Abuja. She emphasized that achieving President Bola Tinubu’s $1 trillion economic vision hinges on a private sector-driven approach anchored in a robust capital market.
Dr. Uzoka-Anite highlighted plans to enhance market resilience, facilitate primary offers, and restore investor confidence, underscoring the ministry’s dedication to ensuring the capital market plays a pivotal role in the administration’s economic agenda. The SEC board chairman, Mairiga Katuka, echoed the sentiment, stressing the importance of collaboration between the SEC and the Ministry of Finance to build a competitive and inclusive market.
The SEC also announced ongoing reforms aimed at strengthening regulatory frameworks for sustainable borrowing by governments and corporations. Katuka assured the minister of the board’s commitment to supporting economic diversification, financial inclusion, and the government’s broader economic goals, advocating for sustained dialogue to foster growth and investor trust.
