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FG inaugurates SEC board, task members on market stability

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The Federal Government on Monday inaugurated the board of the Securities and Exchange Commission with a directive to the board to make the stability of the capital market a cardinal objective.

The nine-member board under the chairmanship of Mr. Olufemi Lijadu was inaugurated by the Permanent Secretary in the Ministry of Finance, Mahmoud Isa-Dutse.

He said, “The inauguration of the board of the SEC that we are conducting today is critical as the existence and operation of a board are fundamental for an agency like the SEC to adequately and efficiently perform its regulatory and market development functions. “Investor confidence will accelerate the growth of our market and increase both domestic and foreign investor participation.

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