Shettima Seeks Use Of Capital Market Instrument To Bridge Nigeria’s $3trn Infrastructure Gap

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Vice president, Senator Kashim Shettima has called for active involvement of capital market stakeholders in bridging Nigeria’s $3 trillion infrastructure

Shettima stated this at the opening ceremony of the third West Africa Capital Market Conference with the theme: ‘Infrastructural Deficit and Sustainable Financing in an Integrated West African Capital Market’ held on Wednesday in Lagos.

He added that, it is a time of intense competition among nations and resources, and with advancement in technology, nations are able to reach to nations with their products just as businesses have their fingers in billions of pockets the world over.

According to him, “WACMIC and WASRA bring together the securities exchanges, central securities depositories and commissions of the sub-region, comprising Cape Verde, Ghana, Nigeria, and the Union Economique et Monétaire Ouest Africaine , with Morocco as an observer member. Our mission, as outlined in the ECOWAS Commission Treaty, is to facilitate the issuance and trading of financial securities across the region.

 

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