Abiodun Jimoh
The Securities and Exchange Commission (SEC) is championing the cause for government agencies and state-owned enterprises to list on the Nigerian Exchange Limited (NGX). This initiative aims to promote transparency, inclusivity, and wealth creation for citizens. Dr. Emomotimi Agama, SEC’s Director-General, emphasized the significance of listing in democratizing operations and encouraging ownership.
By listing on the NGX, government agencies and state-owned enterprises can ensure transparency in their operations, which is essential for building trust and confidence among investors and the general public. Additionally, listing will provide an opportunity for citizens to participate in the ownership of these entities, fostering inclusivity and wealth creation.
To facilitate this process, the SEC will offer incentives and streamline the listing process. Technology will play a crucial role in making the capital market more accessible and attractive, especially to younger investors. The SEC is committed to removing bottlenecks and making the listing process easier, aiming to rejuvenate the capital market and make investing enjoyable.
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