The securities and Exchange Commission (SEC), on Thursday, restated its commitment to infuse Capital Market Studies into the curriculum with the ongoing development of teachers’ guides.
Acting Director-General of the SEC, Ms. Mary Uduk, disclosed in a welcome address at the Third Quarter Capital Market Committee Meeting held in Lagos, adding that the next phase is to develop teachers’ guides. We have equally constituted a steering committee for the Universities’ curriculum.
“Taking our investor enlightenment drive further, we hosted over 250 personnel of the military, para-military and security agencies in August. The program was a first of its kind with the participants anxious for more exposure to the capital market. A similar engagement was held in Lagos in October, with the equal success recorded”.
Also speaking at the event, the Chairman of the SEC board, Olufemi Lijadu, noted the critical roles the capital markets play in the development of any country, adding that at this time of low oil price, the capital markets could be a medium to raise more funds for finance the nation’s development projects.
“What we do here at this CMC meeting has far greater implications for the economy. We hope and trust that this will be the beginning of a good partnership between the SEC board and the market as we both have a common objective of developing a first-class capital market.
“We hope to build a capital market where there is transparency, fairness, liquidity, compliance among others. A lot of tue knowledge and research capability you have as stakeholders will be of immense assistance to us as we pursue these laudable goals to make our market a world-class capital market” Lijadu added.
From left: Chief Executive Officer, Nigerian Stock Exchange, Oscar Oyema; Acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, Chairman House Committee on Capital Market and Institutions, Babangida Ibrahim; and the Board Chairman, SEC, Olufemi Lijadu at the 3rd Quarter Capital Market Committee, CMC meeting in Lagos, Thursday.