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Home Economy

FG Urges Investors to Take Advantage of Capital Market Master Plan Initiatives

Business 360 by Business 360
November 25, 2021
in Economy
0
Nigeria needs $2.3tn to address infrastructure deficit-FG

The federal government has urged investors in the capital market to take advantage of initiatives introduced in the market aimed primarily at strengthening the market and accelerating development.

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed stated this at the enlightenment workshop/Investor clinic session with the Federal Ministry of Finance, Budget and National Planning and its agencies in Abuja.

Represented by Director Home Finance, Mr. Stephen Okon, she said the enlightenment program is in line with the commissions’ Capital Market Master Plan and urged the Securities and Exchange Commission to reflect and review the challenges faced by investors with a view of actualizing the objectives of the plan in the remaining few years.

She said: “It is worthy to know that the SEC marked out a 10-year plan for development of the Nigerian capital market. The objective is to device strategies for the development of the Nigerian capital market in key areas such as investor protection and integration, professionalism and product innovation and for the expansion of the capital market’s role in Nigeria’s economy.

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