{"id":53555,"date":"2021-11-01T18:36:57","date_gmt":"2021-11-01T17:36:57","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=53555"},"modified":"2021-11-01T18:38:11","modified_gmt":"2021-11-01T17:38:11","slug":"yuguda-assures-lagos-free-zone-of-regulatory-support","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/yuguda-assures-lagos-free-zone-of-regulatory-support\/","title":{"rendered":"Yuguda Assures Lagos Free Zone Of Regulatory support\u00a0"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The Director General of the Securities and Exchange Commission Mr. Lamido Yuguda has commended the efforts of the Management of the Lagos Free Zone in making investment opportunities available to Nigerians assuring the organisation of required regulatory support.<\/p>\n<p>Yuguda gave the commendation during a joint visit by the SEC and the Nigerian Exchange, NGX to the Lagos Free Zone.<\/p>\n<p>According to Yuguda, Nigeria has all the industries it needs to become a full power house.<\/p>\n<p>\u201cWe have the labour, raw materials and the market. Nigeria is a big market and if we can focus on this as a policy framework we will be able to grow our economy and create wealth for our citizens<\/p>\n<p>\u201cI am very impressed with what is going on here, this place holds promise for the future of Nigeria. I am sure this kind of place will give others the hope and courage to make useful investments in this country.<\/p>\n<p>\u201cThe capital market is open for business and we are willing to provide all the necessary support for companies like this to access the capital market\u201d.<\/p>\n<p>Yuguda said the whole goal of the SEC is to see how the capital market can aid investors who are willing to set up companies that produce goods Nigerians can patronise and use.<\/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>\u201cWe will work with NGX to ensure you come to the capital market quickly. Nigerians need to own a part of businesses like this\u201d<\/p>\n<p>\u201cWe have to plan for the future with projects like this, these investments are what we should do now for a better future\u201d he added.<\/p>\n<p>In his remarks, Chief Executive Officer of LFZ Mr. Dinesh Rathi expressed the hope that the operations of the company would assist Nigeria solve some of the problems relating to industrialisation.<\/p>\n<p>Rathi said the LFZ is reassured by the words of the SEC which shows the management is on the right path and promised that the organisation will ensure it achieves set milestones for the benefit of Nigerians.<\/p>\n<p>\u201cWe desire regulatory support to succeed and we believe that at the end we will assist to drive industrialisation for this country and help stop forex flight.&nbsp;Nigeria gains from this in the long run because employment will be generated as well as taxes among other benefits\u201d. He added.<\/p>\n<p>&nbsp;<\/p>\n<p>Photo <strong>Caption: From Left&#8211;President, Chartered Institute of Stockbrokers, Mr Olatunde Amolegbe,Director General, Securities and Exchange Commission, Mr Lamido Yuguda, 2nd Vice President CIS, Mr Oluropo Dada and SEC Staff \\ The Best Student in Ethics and Professional Standard of CIS Course Mr John Briggs at the 25th CIS conference and investiture in Lagos at the weekend<\/strong><\/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>Director General of the Securities and Exchange Commission Mr. Lamido Yuguda has commended the efforts of the Management of the Lagos Free Zone in making investment opportunities available to Nigerians assuring the organisation of required regulatory support.<!-- 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":0,"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":[23,17],"tags":[],"coauthors":[2391],"class_list":["post-53555","post","type-post","status-publish","format-standard","","category-business","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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