The Federal Ministry of Finance has been tasked by President Bola Ahmed Tinubu to spearhead efforts toward creating a robust capital market that drives economic growth and supports national development.
This directive was disclosed by the Minister of State for Finance, Doris Uzoka-Anite, during a weekend meeting with the board of the Securities and Exchange Commission (SEC) in Abuja.
Uzoka-Anite noted that the Tinubu administration is committed to leveraging the capital market as a key driver for achieving its economic agenda, including the ambition of growing Nigeria into a $1 trillion economy.
“If we are to achieve the Renewed Hope mandate of a $1 trillion economy, it has to be through the capital market. It has to be private-sector-driven, and that private-sector drive is the capital market,” Uzoka-Anite said.
She stressed the government’s resolve to strengthen the capital market to attract investors, enhance resilience, and restore investor confidence.
“We are committed to strengthening the capital market to make it more robust and ensure that investor confidence returns. That is one area you need a lot of support, and I think we can achieve it because it is fundamental,” she added.
