Newly-elected Director-General of the Securities and Exchange Commission ,SEC, Dr. Emomotimi Agama, will this week lead stakeholders in laying out capital market roles in the achievement of the national economic agenda.
Agama, who was appointed by President Bola Tinubu, had promised to deploy the capital market as a catalyst for the government’s Renewed Hope Agenda, including the achievement of the $1 trillion economy target.
Agama will host the Capital Market Committee ,CMC, meeting, which will brainstorm on further strategies for enhancing the capital market’s role in driving economic growth and development through initiatives that attract investments, improve market efficiency, and safeguard investor interests.
“The meeting will bring together key stakeholders in the Nigerian capital market to discuss the industry’s current landscape, regulatory framework, and strategies for future growth. Participants will exchange ideas and reaffirm their commitment to fostering a robust investment climate characterized by innovation, sustainability, and investor protection”.
“The meeting would focus on critical issues affecting the market and ensure that those concerns were thoroughly addressed. To inform its deliberations, the committee will review reports from technical committees, market infrastructures, and industry observers. Emerging market trends will also be a focal point of discussion”, SEC stated about the meeting holding in Lagos.
The CMC is an industry-wide body comprising the SEC, capital market operators, trade groups, and other stakeholders. It serves as a pivotal platform for dialogue, facilitates the exchange of ideas, addresses key issues impacting market growth and organisation, and collaborates on shaping the market’s future.
The committee was established primarily as a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks