By Esther Agbo
In preparation for the upcoming Capital Market Committee (CMC) meeting, the Securities and Exchange Commission (SEC) is set to unveil its strategic vision for enhancing the Nigerian capital market’s role in the nation’s economic development.
The meeting, aligned with President Bola Tinubu’s Renewed Hope Agenda, is expected to serve as a pivotal moment for stakeholders to address key challenges and collaborate on future growth strategies.
The Director General of the SEC, Dr. Emomotimi Agama, will lead discussions that aim to solidify the capital market’s contribution to Nigeria’s economic growth.
The SEC’s statement highlights that the meeting will bring together a diverse group of industry leaders, including CEOs of registered capital market firms, to deliberate on the current regulatory framework and explore innovative ways to attract investments and safeguard investor interests.
“We need to create an enabling environment for the capital market to thrive and contribute meaningfully to the country’s economic development.”
Central to the discussions will be the review of reports from technical committees, market infrastructures, and industry observers, which are crucial for understanding emerging trends and identifying areas that require immediate attention.
The SEC emphasised that this meeting is not just about dialogue but about taking actionable steps towards creating a more efficient and resilient capital market.
The Commission stressed the importance of unified efforts among stakeholders, urging all participants to align their strategies with the broader goal of fostering a robust investment environment.
“We need to work together to build a robust investment climate characterised by innovation, sustainability, and investor protection,” the SEC noted, underscoring the necessity of an enabling environment for the market to thrive.
As the capital market navigates a complex global landscape, the SEC’s forthcoming CMC meeting is poised to be a critical forum for shaping the future of the Nigerian economy through well-coordinated and strategic market reforms.