The Revised Capital Market Master Plan 2015-2025 (RCMMP), developed by the Securities and Exchange Commission (SEC) Nigeria in collaboration with stakeholders, has been described as capable of providing a blueprint to harness these opportunities to better position the capital market as the engine of our economic growth and development.
Director-general of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda stated this recently. He disclosed that the Master Plan captures the challenges of the capital market in actualising its role to drive national economic growth and also proffers solutions to enable the capital market attain its full potentials.
Yuguda stated that, Nigeria, in the last decade, has firmly emerged as one of the leading frontier markets in Africa with immense potential for significant growth as the aspiration of the government to create opportunities for the private sector to be a major engine of growth that guarantees improvement in the welfare and standard of living of the citizens of great country has been diligently articulated in Nigeria’s Medium-Term National Development Plan (MTNDP) 2021-2025.
