SEC Chairman seeks exploration of non-oil sector

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SEC Towers

By Chinyere Joel-Nwokeoma

The Chairman of the board of the Securities and Exchange Commission (SEC), Mr Olufemi Lijadu, has stressed the need for exploration of the country’s non-oil sector for economic growth and development.

Lijadu said that exploration of the non-oil sector, especially the capital market, would enable Nigeria attain its full growth potential.

He spoke at a breakfast meeting between the board and stakeholders in the capital market in Lagos on Wednesday.

“We all love our country and we need to develop our country. We have potential and it’s time we start taking steps to realise the potential.

“We need money to develop our economy, and to get the money, we need to attract investors — both local and foreign.

“To be able to attract them, our markets need to have the basic rules that are obtainable anywhere else in the world by aligning ourselves with best practices internationally,” he said.

The chairman said that the apex capital market…



Source: News Agency of Nigeria