The Nigerian government has urged capital market operators to enhance investor confidence and boost financial literacy in preparation for the new Investment and Securities Act 2025 and the Capital Market Master Plan 2030.
Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, made this appeal at the Capital Market Committee meeting in Lagos on Monday.
Represented by the Minister of State for Finance, Dr. Doris Uzoka-Anite, Edun emphasized the need for Nigeria’s capital market to become a key driver of long-term investments in sectors such as infrastructure, housing, manufacturing, and energy.
He highlighted that recent reforms, including the removal of fuel subsidies, foreign exchange harmonization, and fiscal tightening, have laid the groundwork for private capital to spearhead economic growth.
The Minister also underscored the importance of establishing clear structures to facilitate the easy entry and exit of large-scale investments.
Dr. Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), also spoke at the event, noting the commission's strong performance across asset classes in 2024.
He reaffirmed the SEC’s commitment to investor protection, digital innovation, and recapitalization, and announced the upcoming unveiling of the ISA 2025 and the CMMP 2030.
The meeting, which was attended by key stakeholders from the financial and public sectors, also featured the presentation of the new SEC website launch.
The government asserts that these reforms will pave the way for Nigeria to achieve its vision of a $1 trillion economy within the next decade.
