A two-day Stakeholders’ forum themed “Realising the Full Potential of the Nigerian Economy through Proactive Capital Market Legislation” and organized by the National Assembly is set to commence on June 6, with Dangote Group President, Alhaji Aliko Dangote as Chairman and Senate President, Dr. Bukola Saraki and Speaker, House of Representatives, Mr. Yakubu Dogara as Hosts.
The Forum which will hold at the NAF Conference Centre, Abuja will see Vice-President Yemi Osinbajo leading discussions on how to realize full potential of Nigeria’s economy through better legislation for the capital market in the country.
The aim of the forum is to intimate stakeholders of the 10-year Capital market master plan of 2015 to 2025. The master plan is expected to aid legislators to amend areas in existing legislation that could limit or undermine the growth of the capital market and its contributions to the economy.
The meeting will provide a platform for key stakeholders to critically examine and identify areas requiring focused debate and legislative work that would enhance early achievements of the recommendations of the capital market master plan.
Discussions will focus on opportunities and risks of investing pension funds in infrastructural development, mobilizing capital market financing for Nigeria’s economic growth and demutualizing the Nigerian Stock Exchange, among others.
Speakers at the event who are experts on economic issues are Bismark Rewane, Director-General, Securities and Exchange Commission (SEC) Mounir Gwarzo, D-G, National Pension Commission; Dr Chinelo Anohu-Amazu and The Chairman, Heirs Holdings, Mr Tony Elumelu.
Others include Chairman, Federal Inland Revenue Service (FIRS) Dr Babatunde Fowler; Partner, Radix Legal and Consulting (UK) Mrs Elizabeth Uwaifo; Chief Executive Officer, Nigerain Stock Exchange, Mr. Oscar Onyema, and Managing Partner, Olaniwun Ajayi Ltd, Prof. Koyinsola Ajayi.
Other dignitaries expected at the event include Minister of Power, Works and Housing, Mr Babatunde Fashola; Majority Leader, House of Representatives, Femi Gbajabiamila; Chairman, Senate Committee on Capital Market and Institutions, Sen. Rafiu Adebayo.
At the end of the forum, participants are expected to make recommendations to the Federal Government on diversification of funding sources and ensuring transparency and accountability in financial transactions.
