The Securities and Exchange Commission (SEC) is set to educate state governments on capital market investment opportunities to drive economic growth and wealth creation.
SEC Director-General, Dr. Emomotimi Agama, disclosed this during a meeting with the World Bank Group and the International Finance Corporation (IFC) in Abuja. He emphasized the need for state governments to understand financial markets, investment strategies, and regulatory frameworks to unlock economic potential.
Agama highlighted plans to start engagement with a northern state’s Executive Council, providing tailored guidance on capital market opportunities. The initiative will include policy briefs, reports, and case studies on successful capital raising through bonds and investments.
IFC Director, Tom Ceusters, noted that the delegation was on a two-week mission to discuss financial sector strategies with Nigerian regulators. The SEC aims to bridge the knowledge gap and empower states to leverage their resources for sustainable development.
