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Home Capital Market

Shettima Urges Judiciary to Bolster Capital Market Confidence with Timely, Sound Judgments

Victoria Emeto by Victoria Emeto
July 8, 2025
in Capital Market
0
Shettima Urges Judiciary to Bolster Capital Market Confidence with Timely, Sound Judgments

Vice President Kashim Shettima has called on the Nigerian judiciary to play a stronger role in supporting the nation’s capital market by delivering timely, well-reasoned, and technically sound judgments. He warned that judicial inefficiencies could deter both local and international investment and potentially destabilize the financial market.

Shettima’s remarks were delivered at the opening of a two-day Judges’ Workshop organised by the Securities and Exchange Commission (SEC) in Abuja. Represented by Tope Fasua, Special Adviser to the President on Economic Affairs, Shettima highlighted the judiciary’s power to shape investor confidence through effective dispute resolution.

Themed “Repositioning the Nigerian Capital Market for National Economic Transformation through Effective Dispute Resolution,” the workshop aligns with efforts to implement the Investment and Securities Act (ISA) 2025, which seeks to modernize market regulation and enforcement.

“The capital market is more than a trading floor,” Shettima said. “It is the lifeblood of national development. It fuels innovation, provides capital for businesses, and enables infrastructure and SMEs to thrive.”

He emphasized that investor protection, transparency, and dispute resolution are key pillars for building trust in Nigeria’s financial system, urging the judiciary to ensure their decisions contribute positively to market integrity.

Legal and market experts attending the event echoed the Vice President’s views, affirming that a responsive judiciary is essential to attracting long-term investment and driving Nigeria’s economic diversification goals.

Tags: #EconomicTransformation#InvestorConfidence#JudicialReform#NigerianCapitalMarket
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