More Nigerians must invest in the capital to ensure that the Nation makes the maximum benefit derived from the Capital Market. This will also help in safeguarding the market from the activities of institutional investors who have no other stake other than profit in the market. Information and culture minister, Lai Mohammed, also promises to lend a helping hand in the propagation of the reforms by the Securities and Exchange Commission by way of advocacy.
The Minister while welcoming the top management team of the Securities and Exchange Commission to his office decries the low level of retail investors in the nations’ capital market a trend he says is not healthy for the nations’ economy. He declares his support for the reforms of the capital market encapsulated in what is known as the Capital Market master-plan a ten year roadmap to take it to the next level like in other parts of the world.
He used the opportunity to hand him a copy of the economic blueprint of the current administration.