{"id":34516,"date":"2019-09-09T14:31:50","date_gmt":"2019-09-09T13:31:50","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=34516"},"modified":"2019-09-09T14:31:50","modified_gmt":"2019-09-09T13:31:50","slug":"sec-fccpcc-pledge-collaboration-on-mergers","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/sec-fccpcc-pledge-collaboration-on-mergers\/","title":{"rendered":"SEC, FCCPCC Pledge Collaboration On Mergers"},"content":{"rendered":"

The Securities and Exchnage Commission, SEC and the Federal Competition and Consumer Protection Commission (FCCPCC), have agreed to continue to work together in a bid to simplify the processes of Mergers of companies in Nigeria.<\/span><\/p>\n

This was disclosed by the Acting Director General of the SEC, Ms. Mary Uduk during the signing of a\u00a0 memorandum of understanding between the SEC and FCCPCC in Abuja, weekend.<\/span><\/p>\n

Uduk expressed\u00a0 the need for both organisations to work together to ensure that there is no vacuum\u00a0 in a bid to ensuring that the collaboration would lead to a more stronger economy for the country.<\/span><\/p>\n

\u201cWe are happy with the work the FCCPCC has done so far and on our part as the SEC, we are willing to provide you with any relevant assistance you would need to hit the ground running and improve our nation\u2019s economy\u201d she said.<\/span><\/p>\n

The Acting DG disclosed that the Commission presently has capacity in the area of mergers and would be willing to share knowledge with the new organisation.\u00a0<\/span><\/p>

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In his remarks, the Director General of\u00a0 FCCPCC, Mr. Babatunde Irukera Commended the DG for the leadership the SEC has provided and for the friendship and collaboration that has helped to bring both organisations this far.\u00a0<\/span><\/p>\n

According to him, \u201cWe would like to commend the way you have approached your work, especially the merger review, I think it has become examplenary to everyone and the rest of the country and both internationally and domestically, and your mode of leadership made it possible.\u00a0<\/span><\/p>\n

\u201cThe work between the two organizations has created a master stroke and without your leadership it would not have been possible.<\/span><\/p>\n

\u201cNot only has that helped this new institution to begin to get its bearing correctly it has also helped the investment community to see what the real possibilities are available in Nigeria\u201d.\u00a0<\/span><\/p>\n

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The Securities and Exchnage Commission, SEC and the Federal Competition and Consumer Protection Commission (FCCPCC), have agreed to continue to work together in a bid to simplify the processes of Mergers of companies in Nigeria.<\/p>\n","protected":false},"author":6,"featured_media":23145,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[6121,575],"coauthors":[2391],"class_list":["post-34516","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-fccpcc","tag-sec"],"yoast_head":"\nSEC, FCCPCC Pledge Collaboration On Mergers - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/sec-fccpcc-pledge-collaboration-on-mergers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC, FCCPCC Pledge Collaboration On Mergers - 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