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Lawmakers to hold capital market stakeholders’ forum 


Vice President Yemi Osinbajo

The Senate and House of Representatives’ Committees on Capital Market and Institutions, Securities and Exchange Commission and other Regulatory Agencies, are set to hold the second biennal Stakeholders’ Forum on the Capital Market on Monday, July 23.

The Forum is coming on the back of the success recorded at the exchange of robust ideas and broad-based participation at the inaugural Meet in 2016.A statement by the organisers in Abuja said Vice President Yemi Osinbajo is expected at the Forum as the Special Guest of Honour and will be joined by federal legislators, including the Senate President, Senator Bukola Sarki and the Speaker of the House of Representatives, Hon. Yakubu Dogara and capital market experts.

The  statement said the first edition of the forum in 2016 was a very successful bi-partisan event co-chaired by Dr. Aliko Dangote and Mr. Aigboje Aig-Imokhuede.Top private sector personalities including leading industrialist, Alhaji Aliko Dangote; Chairman of Heirs Holdings, Mr. Tony Elumelu; Chairman Coronation Capital, Mr. Aigboje Aig-Imohkuede and MD of Access Bank, Mr. Herbert Wigwe are expected to make this year’s event.  

According to the Chairman of the House of Representatives’ Committee on Capital Market and Institutions, Honourable TeeJay Yusuf, the theme of this year’s conference is, “capital Market As A Catalyst for Economic Growth and Development.”while both Senate President, Senator Bukola Saraki and the Speaker of the House of Representatives, Honourable Yakubu Dogara are to be the Chief Hosts.

“Papers to be presented and vibrantly discussed by economic development experts and political office holders from various parties include one on “Post Recession: Challenges, Implications and Opportunities for the Nigerian Capital Market”.

“Also, there are others on the Role of Commodity Exchange, development of the Agricultural Sector and Capital Market Options for funding the development of major infrastructure projects.

“Dignitaries expected at the event include, the Minister of Finance, Kemi Adeosun and Ministers of Agriculture, Economic Planning, Trade and Investment and Works, Power and Housing, as well as State Governors including Rivers, Kebbi, Kaduna, Sokoto, Bauchi, Lagos, Nasarawa.

“Also, heads of critical public institutions, including the Central Bank of Nigeria, Federal Inland Revenue Service (FIRS) and PENCOM are expected to participate actively in the cross-fertilization of ideas that can lead to massive changes in funding arrangements for national infrastructural projects.

“Others being expected to ensure excellent and workable recommendations include the Acting DG of SEC, Ms Mary Uduk; CEO of NSE, Mr. Oscar Onyema, MD NASD Mr. Bola Ajomale, MD FMDQ Mr. Bola Onadele, MD of ARISE Africa News Channel, Ms Ijeoma Nwagwugwu, the DG Budget Office, Mr. Ben Akabueze; DG of Debt Management Office, Ms. Patience Oniha; MD Nigeria Commodity Exchange, Mrs. Zaheera Baba-Ari; former Minister of Finance, Dr. Shamsudeen Usman, and other technocrats”, Honourable Yusuf stated.

A perusal of the programme further indicates that other participants include the MD of Chapel Hill Denham, Mr. Michael Adegbola; MD of CSCS, Mr. Jalo Waziri Haruna; Group CEO of United Capital Plc, Mr. Peter Ashade; MD of Financial Derivatives Ltd, Mr. Bismarck Rewane; Prof. Uche Uwaleke, First Nigerian Professor of Capital Market; Ms. Daisy Ekineh, CEO DSE Advisory Services and Mr. Abimbola Ogunbanjo who is President in Council of the Nigerian Stock Exchange (NSE). 

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