Securities and Exchange Commission has announced plans to raise Nigeria’s market capitalisation-to-GDP ratio from the current 33 per cent to 92 per cent the level achieved by India under a new 2026–2035 Capital Market Master Plan.
The disclosure was made by SEC’s Director General, Dr Emomotimi Agama, on Tuesday during a Citizens’ and Stakeholders’ Engagement session at the Federal Ministry of Finance in Abuja.
Permanent Secretary (Finance) Raymond Omenka Omachi explained that the engagement is part of the ministry’s first-quarter 2026 forum on implementing Presidential Priorities and Ministerial Deliverables. The forum serves as a platform to share updates on policies, programmes, and achievements with citizens and stakeholders, promoting transparency and open dialogue.
Dr. Agama outlined SEC’s performance scorecard and strategic vision for the coming decade, highlighting that the new master plan represents a transition from the 2015–2025 framework. The initiative is intended to reposition Nigeria’s capital market as a credible emerging market destination, attracting domestic and international investors.
The 2026–2035 Capital Market Master Plan aims to enhance market depth, improve investment opportunities, and strengthen regulatory frameworks to support sustainable economic growth and investor confidence.
