SEC set to implement report on commodities market development



SEC acting D-G Mary Uduk

Philomina Attah

The Securities and Exchange Commission (SEC) says it has commenced the implementation of the report of its Technical Committee on Commodities Trading Ecosystem.

The Acting Executive Commissioner (Operations) of SEC, Mr Isyaku Tilde, disclosed this when a delegation of the Commodity Brokers Association of Nigeria (CBAN) led by its Registrar, Alhaji Saleh Kwaru, visited the Commission in Abuja on Wednesday.

The  News Agency of Nigeria (NAN), reports that the committee’s report, published on SEC’s website, contains no fewer than 40 recommendations on how to revive the nation’s commodities market.

One of the recommendations, according to Tilde is capacity building of stakeholders and the public on commodities exchange to bridge existing knowledge gap.

Tilde, who represented the commission’s Acting Director-General,  Mrs Mary Utuk, said that SEC was ready to partner with CBAN in that regard.

“The aim of SEC is to have an…

Source: News Agency of Nigeria