{"id":36297,"date":"2019-11-20T14:47:09","date_gmt":"2019-11-20T13:47:09","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=36297"},"modified":"2019-11-20T14:47:09","modified_gmt":"2019-11-20T13:47:09","slug":"apital-market-can-aid-realisation-of-nigerias-potentials-sec","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/apital-market-can-aid-realisation-of-nigerias-potentials-sec\/","title":{"rendered":"Capital Market Can Aid Realisation Of Nigeria\u2019s Potentials &#8211; SEC"},"content":{"rendered":"<div class=\"I_52qC D_FY W_6D6F\" data-test-id=\"message-view-body\">\n<div class=\"msg-body P_wpofO iy_A mq_AS\" data-test-id=\"message-view-body-content\">\n<div class=\"jb_0 X_6MGW N_6Fd5\">\n<div class=\"\">\n<div>\n<div>\n<div>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">The need to explore the non oil sectors especially the capital market in Nigeria\u2019s quest to attaining its full potentials has again been emphasised.\u00a0<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">This was stated by the Chairman of the Board of the Securities and Exchange Commission, SEC, Mr. Olufemi Lijadu while speaking at a breakfast meeting between the board and stakeholders in the capital market in Lagos, Wednesday.\u00a0<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">According to Lijadu, \u201cWe all love our country and we need to develope our country. We have potentials and it\u2019s time we start taking steps to realise the potentials.<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">\u201cWe need money to develop our economy and to get the money we need to attract investors both local and foreign.\u00a0<span class=\"yiv5035940930Apple-converted-space\">\u00a0<\/span>To be able to attract them, our markets need to have the basic rules that is obtainable anywhere else in the world by aligning ourselves with best practices internationally. Pp<\/span><\/p>\n<p class=\"yiv5035940930p3\"><span class=\"yiv5035940930s1\">The SEC board Chairman said operators and the apex regulator have the same interest and expressed the need for all to work together in the overall interest of the market and the economy.\u00a0<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">Lijadu said, \u201cWe are ready to listen to you, to be accessible to you\u00a0<span class=\"yiv5035940930Apple-converted-space\">\u00a0<\/span>and to work with you. This meeting is the beginning of a partnership that we hope will continue\u201d<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">\u201cYou are there in the market and can give us that sensitivity of what the market is feeling and can give us that direction to frame our policies in the interest of the market\u201d.\u00a0<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">While expressing delight at the degree of interaction the regulator has had with the market, the Chairman also hoped that the co-operation would only get better.<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">He expressed confidence about the level of knowledge and professionalism of stakeholders in the market adding that by the time views and suggestions from the interaction are put together the market would arrive at some solutions.<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">\u201cWe are key pillars in the ability of our country to find solutions to its developmental needs by attracting relevant funding, together we can make our country great\u201d he added.\u00a0<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">In a welcome address, Acting Director General of SEC, Ms. Mary Uduk Commended the stakeholders for the support they extended to the Commission in the period the SEC operated without a board and urged them to continue to support the SEC in its effort to regulate and develop the market.<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">\u201cYou are the ones that provide us with guidance as to the direction the market should go because you are the ones at the forefront and know it first hand\u00a0<\/span><\/p>\n<p class=\"yiv5035940930p2\"><span class=\"yiv5035940930s1\">\u201cWe are happy that we have agreed to be with us here today.\u00a0<span class=\"yiv5035940930Apple-converted-space\">\u00a0<\/span>We are here today to rub minds with you and further solicit your co-operation in all that we intend to do to deepen the market\u201d she added.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"jb_0 X_6MGW N_6Fd5\"><em><strong>Photo Caption: From Left&#8211;Chairman of tue Board Securities and Exchange Commission, SEC, Mr. Olufemi Lijadu, Acting DG SEC, Ms. Mary Uduk and Mr. Ike Chioke of Afrinvest West Africa Limited at the Breakfast meeting between the Board of the SEC and Capital Market stakeholders in Lagos, Wednesday.<\/strong><\/em><\/div>\n<\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The need to explore the non oil sectors especially the capital market in Nigeria\u2019s quest to attaining its full potentials has again been emphasised.\u00a0<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":36298,"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":[575],"coauthors":[2391],"class_list":["post-36297","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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