The Securities and Exchange Commission (SEC) has unveiled plans to raise Nigeria’s market capitalisation-to-GDP ratio from its current 33 per cent to 92 per cent — the level achieved by India — as part of an ambitious 2026–2035 Capital Market Master Plan currently in development.
The director general of SEC, Emomotimi Agama, disclosed this on Tuesday at a Citizens’ and Stakeholders’ Engagement session held at the Federal Ministry of Finance in Abuja.
The permanent secretary (Finance) in the Federal Ministry of Finance, Raymond Omenka Omachi said the engagement is part of the ministry’s first quarter 2026 citizens and stakeholders’ engagement on the implementation of Presidential Priorities and Ministerial Deliverables.
The permanent secretary described the quarterly forum as a key platform through which the Ministry shares updates on its policies, programmes, and achievements with citizens and stakeholders in a spirit of transparency and open dialogue.
Agama outlined the commission’s performance scorecard and strategic vision for the decade ahead. The new master plan marks a transition from the 2015–2025 framework and signals a decisive push to reposition Nigeria’s capital market as a credible emerging market destination.
