FG to review capital market’s master plan

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The Federal Government on Friday said it would review the Nigerian capital market’s master plan to evolve strategies for the improvement of the market in key areas.

At the inauguration of the National Savings Strategy workgroup in Abuja, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said the master plan proposed by the NSS was one of the key initiatives to drive capital formation.

She explained that the 10-year Capital Master Plan would evolve strategies for the improvement of the market in key areas, including investor protection and education, professionalism, and product innovation. She was quoted in a statement issued by the ministry as saying, “My expectation, when the review is concluded is that we would have a strategic document that provides a clear pathway that would enable the Nigerian capital market to achieve the goal to be Africa’s largest, deepest and most liquid capital market.

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