Senate pushes for improved budgetary allocation to SEC

The Senate on Tuesday called for improved budgetary allocation to the Securities and Exchange Commission (SEC).

The Chairman of the Senate Committee on Capital Market, Osita Izunaso, made the call when the Director-General of SEC, Dr. Emomotimi Agama, appeared before the committee to defend the commission’s 2024 budget.

He said the N22.40 billion allocated to the commission in the 2024 budget was inadequate given the important role it plays in the nation’s prosperity.

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