The Securities and Exchange Commission (SEC) says it has assembled a team of experts to make presentations at a workshop on the relationship between the national budgets and how it affects the capital market, especially given the just concluded general elections across the country.
The seminar, the third of its kind by the SEC, will also examine ways the capital market could contribute more meaningfully to the growth and recovery process the budget is intended to promote.
A presentation will be made at the workshop with the theme: “Budgets, Elections and Capital Markets: Risks and Opportunities in 2019,” slated for Lagos on Tuesday, March 19, 2019, by Dr. Afolabi Olowookere, chief economist at the SEC.
His paper will be dissected by a team of experts panelists with professional, policy and academic background expected to deliberate extensively on the implication on the workshop theme: Mrs. Patience Oniha, Director General of Debt Management Office; Hajara Adeola, CEO of Lotus Capital Limited, Mrs. Toyin Sanni, GMD, Emerging Africa Capital Group; and Prof. Olu Ajakaiye, Africa Centre for Shared Capacity Development Building.
Others according to a statement by the commission, are Ike Chioke, chief executive of Afrinvest Management Limited; Mobolaji Balogun, chief executive, Chapel Hill Denham Advisory Partners and chairman, Lafarge Africa; Prof. Uche Uwaleke, Nasarawa State University; and Johnson Chukwu, CEO of of Cowry Assets Management Limited.
The budget seminar series, the statement continued, has been established as a forum for evaluating the connection between the Nigerian capital market and the annual Federal Government Budget. A major aim is to identify how the capital market can contribute to and in turn benefit from the budget and its implementation.
A communiqué will be issued and forwarded as the capital market inputs to the appropriate government and private institutions.