FG Pumps N6.5billion Fund Into Capital Market

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The Federal government has released over N6 billion in the Capital Market to boost investors’ confidence, the Chairman of the Senate Committee on Capital Market and Institutions, Isiaka Adeleke revealed.

The lawmaker, speaking was at a press briefing at the Senate building on Wednesday, June 1, also revealed that the Senate and the House of Representatives, would was host a conference of stakeholders to realise the full potential of the Capital Market through legislation.

He said: “It gives me immense pleasure to make some few remarks today as we prepare towards an epoch making event, i.e. the Stakeholders’ Forum with the theme “Realizing the Full Potentials of the Nigerian Economy through Proactive Capital Market Legislation” organized by the National Assembly Joint Committee on Capital Market and Institutions.”

“We are ably supported by such critical stakeholders as the Securities and Exchange Commission (SEC), The Nigerian Stock Exchange (NSE), the Investment and Securities Tribunal (IST), Financial Market Dealers Quotation (FMDQ) OTC Securities Plc., the Central Securities Clearing System (CSCS), and National Association of Securities Dealers (NASD)”


Source: Bizwatch

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