Senate tinkers with capital market for Nigeria's economic survival - Daily Post Nigeria

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Senate tinkers with capital market for Nigeria’s economic survival

In his address at the 2021 budget defence on Wednesday, Chairman of Senate Committee on Capital Market, Senator Ibikunle Amosun, noted that there were challenges militating against Nigeria’s Capital Market that has dwarfed its greatness, a situation he explained, robbed Nigeria of economic fortunes.

“As stakeholders in the capital market, I urge you all to see this interactive session as an avenue for us to brainstorm on ways we can collaborate to meaningfully strengthen the capital market so that it can continue to function as the gateway to economic development of our nation. “This is the most crucial moment for our economy, as Nigeria and indeed the whole world continue to grapple with economic hardships – such that has not been witnessed before.“Consequently, it behooves on us as stakeholders to come together with a view to reviving the economy and strengthening the confidence of the much needed investors in the capital market.”

“At this point, let me quickly mention that during our last oversight visit, the committee was impressed by efforts of some agencies and organizations in the capital market as they demonstrated innovation and drive despite the daunting challenges being faced.

 

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