Securities and Exchange Commission restates important role capital market plays in development of any nation through infrastructure funding. The Securities and Exchange Commission (SEC) has restated the important role the capital market plays in the development of any nation through infrastructure funding. Director-General of the SEC, Lamido Yuguda, stated this when a team from the Nigerian Economic Summit Group (NESG) visited the commission in Abuja. Mr. Yuguda said that the capital market can do more in the areas of provision of long-term funds to develop infrastructure for the country and support developmental projects. He also welcomed the collaboration with the NESG, stating that both organisations could do more to boost the economy of Nigeria. The SEC boss noted that the telecommunications companies are successful because the services are not free of charge. Kevin Madu
Written by News Room on April 27, 2022
The Securities and Exchange Commission (SEC) has restated the important role the capital market plays in the development of any nation through infrastructure funding.
Director-General of the SEC, Lamido Yuguda, stated this when a team from the Nigerian Economic Summit Group (NESG) visited the commission in Abuja.
Mr. Yuguda said that the capital market can do more in the areas of provision of long-term funds to develop infrastructure for the country and support developmental projects.
He also welcomed the collaboration with the NESG, stating that both organisations could do more to boost the economy of Nigeria.
The SEC boss noted that the telecommunications companies are successful because the services are not free of charge.
Kevin Madu
