SEC To Hold Q2 Capital Market Committee Meeting

Yemisi Izuora
Nigeria’s Securities and Exchange Commission (SEC) is set to host the second quarter 2015 Capital Market Committee (CMC) meeting.

The meeting is scheduled to hold in Lagos on July 28, 2015.

Top on the agenda of the meeting, according to a statement, is the capital market master plan implementation.

The ten-year master plan for the Nigerian capital market which is expected to refocus the market and help double its size over time and grow the economy was unveiled last year November.

Director General of the SEC, Mournir Gwarzo had recently assured that he is committed to ensuring the implementation of the 10-year Capital Market Master Plan.

According to him “I have only one agenda for the market, my agenda for the market is to faithfully and religiously implement the 10-year Capital Market Master Plan. It will be recalled last year SEC set up three committees to drive market growth and the best brains in the market participated in the three committees and they worked tirelessly and came up with an excellent report which was launched last year, what we lacked in the country is the faithful implementation of reports” he said.

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