The federal government has said it will strengthen the Securities and Exchange Commission to reposition Nigeria’s capital market to be at par with its peers globally.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed made the commitment in Abuja, when she received the Revised Nigerian Capital Market Master Plan (2021-2025).
The plan was submitted to the minister by the Capital Market Master Plan Implementation Council (CAMMIC) led by the Director General of SEC, Lamido Yuguda and other top officials of the commission.
The minister said the review of the Capital Market Master Plan underscores the fact that capital market growth resonates with the current administration’s unwavering commitment to deepening and re-positioning the country’s financial markets as a key anchor to achieving a private sector-led development of the economy as encapsulated in the National Development Plan objectives.
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