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SEC Chairman Tasks Management, Staff On Fair, Orderly, Transparent Market

The newly appointed chairman of the Securities and Exchange Commission (SEC) board, Olufemi Lijadu, on Thursday led other members to its maiden meeting with staff of the Commission in Abuja, where he promised necessary support to enable the commission effectively play to move the nation’s capital market and economy forward.
He urged the management and staff to brace up to the task of ensuring a “more orderly market… a market that is fair and transparent and can attract investments to build Nigeria. We need a market that is attractive to investors, both local and foreign.”
The chairman reminded the gathering of the importance and critical roles the capital market plays in the Socio-economic development of any nation, especially in the area of attracting the much-needed investments.
So much investment capital, he continued, is necessary in view of the strategic role of the capital market, he urged the staff to partner the board to achieve the task.
To achieve these, he promised support to enable them “work well, so that together we can find solutions to our challenges. We are going to learn, brainstorm and work together to move the capital market forward.
“We aspire to have a capital market where the rules are enforced and where the public who invests are all protected. We need to reinforce public trust. I, therefore, enjoin everyone to help us towards building a capital market that this country deserves” he stated.
He assured that the members of the board would work swiftly but surely to ensure that the Nation has the capital market Nigerians would be proud of.
“There has been incredible progress in our capital markets in the last 20 years, we need to move fast leveraging on technology and we know that we can be the best and we aspire to be the best” he added.
Lijadu thanked the SEC staff for the warm reception accorded the board members saying the board would be guided by the knowledge, capacity, and ability of staff to proffer solutions in making the Capital Market one of the best in the world.
Commenting, Chairman Association of Senior Civil Servants of Nigeria (ASCSN), SEC branch, Comrade Nelson Oleghe, represented by Comrade Musa Dakup, welcomed the board members, pledging the support and commitment of members of staff needed to enable them to succeed in their task.

Photo Caption: From left: Acting Executive Commissioner Operations, Securities and Exchange Commission Isyaku Tilde, Acting, Director General, SEC Ms. Mary Uduk and Chairman, Governing Board of the Securities and Exchange Commission Olufemi Lijadu during the Board meeting of the Securities and Exchange Commission in Abuja yesterday.

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