The Federal Government has reaffirmed its commitment to strengthening the Nigerian capital market as a catalyst for wealth creation and national economic development.
Speaking at a recent meeting with the board of the Securities and Exchange Commission (SEC) in Abuja, the Minister of State for Finance, Doris Uzoka-Anite, emphasised that the administration was dedicated to creating a vibrant capital market to drive private-sector-led growth.
Uzoka-Anite noted that achieving the administration’s goal of a $1 trillion economy hinged on a resilient capital market.
According to her, “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.”
She added, “A number of investors we had met previously in my former role were interested in the capital market.
“They want the market to be resilient enough to accommodate primary offers for them to exit when they come in.
“We are here to say that the market is open to accommodate them, and we are committed to strengthening the capital market to make it more robust and ensure that investor confidence returns to the market.”
