The Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, on Thursday said that private sector financing can promote infrastructural development and deepen economic growth in Nigeria.
Mr Yuguda, who noted that the availability of infrastructure is crucial to raising the living standard of Nigerians, spoke at a pre-event news conference on the forthcoming West Africa Capital Market Conference (WACMAC) in Lagos.
The conference with the theme: “Infrastructural Deficit and Sustainable Financing in an Integrated West Africa Capital Market,” will be held in Lagos on 25 October. It is being organised by the West Africa Capital Market Integration Council (WACMIC).
