{"id":36965,"date":"2019-12-11T14:50:06","date_gmt":"2019-12-11T13:50:06","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=36965"},"modified":"2019-12-11T14:50:06","modified_gmt":"2019-12-11T13:50:06","slug":"stakeholders-task-fg-on-sound-investmen-climate","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/stakeholders-task-fg-on-sound-investmen-climate\/","title":{"rendered":"Stakeholders Task FG On Sound Investmen Climate"},"content":{"rendered":"<p dir=\"ltr\">Nigeria can attract more investments in the capital market if only the Federal Government can consistently work towards creating a sound investment environment devoid of political, social risk as well as maintaining transparency.<\/p>\n<p dir=\"ltr\">This was the view of capital market stakeholders at the Capital market Correspondents Asociation of Nigeria (CAMCAN) 2019 annual workshop themed &#8220;Bridging Nigeria&#8217;s Infrastructure gap: The Capital Market Option&#8221; which held in Lagos at the weekend.<\/p>\n<p dir=\"ltr\">Speaking during a panel session, Managing Director, Central Securities Clearing System (CSCS) Plc, Mr Haruna Jalo-Waziri, who was represented by Head, Internal Control, CSCS, Mrs Isioma Lawal, noted that for the capital market to attract more investment, transparency as well as accountability is needed.<\/p>\n<p dir=\"ltr\">&#8220;The Federal Government need to focus on things that re-assure investors that before they take investment decisions, key determinants such as security of investment, corporate governance, risks amongst other factors, can be guaranteed and that is what we at the CSCS stand for&#8221;, he said.<\/p>\n<p dir=\"ltr\">Also speaking, the Chief Executive Officer, Nigerian Stock Exchange (NSE), \u200b Mr Oscar Onyema who was represented by the Divisional Head, Trading Business, NSE, Mr Jude Chiemeka, stressed that infrastructural gap is not only a Nigerian factor but is found amongst other African countries.<\/p>\n<p dir=\"ltr\">&#8220;It is a problem that cuts accross Africa and to a large extent, funding is not the main issue rather the issue centers around government policies. The capital market thus, represents a platform to provide guarantee to these investors because the government cannot do it all alone&#8221;.<\/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 dir=\"ltr\">The NSE CEO thereafter called on the government to sustain collaboration with the private sector, adding that the Exchange will continue to create products that can finance infrastructure.<\/p>\n<p dir=\"ltr\">For his part, Head, Debt Capital Markets, FBNQuest Merchant Bank Limited, Oluseun Olatidoye, noted that infrastructure financing remains an unsolved puzzle and urged the state governments to priortise funding for specific projects.<\/p>\n<p dir=\"ltr\">He said, &#8220;One of the challenges facing Nigeria is that we have so many programmes but we are not concentrating well enough on them. There is need to focus funding on specific projects and provide some form of guarantee, that way, investments can flow into the economy.&#8221;<\/p>\n<p>&#8212;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Nigeria can attract more investments in the capital market if only the Federal Government can consistently work towards creating a sound investment environment devoid of political, social risk as well as maintaining transparency.<!-- 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":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],"tags":[576],"coauthors":[2391],"class_list":["post-36965","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-capital-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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