Saturday, November 27, 2021

    SEC assures Investors, Stakeholders of Lagos Free Zone of regulatory support

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    Naija247news Editorial Team
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    The Director-General of the Securities and Exchange Commission, Mr Lamido Yuguda, has commended the efforts of the management of the Lagos Free Zone in making investment opportunities available to Nigerians and assured the organisation of the required regulatory support.

    Yuguda gave the commendation during a joint visit by SEC and the Nigerian Exchange Group Plc to the Lagos Free Zone.

    He said, “We have the labour, raw materials and the market. Nigeria is a big market and if we can focus on this as a policy framework, we will be able to grow our economy and create wealth for our citizens.

    “I am very impressed with what is going on here; this place holds promise for the future of Nigeria. I am sure this kind of place will give others the hope and courage to make useful investments in this country.

    The capital market is open for business and we are willing to provide all the necessary support for companies like this to access the capital market.”

    Yuguda promised that SEC would work with the NGX to aid the LFZ’s entrance to the capital market for Nigerians to access the opportunities it would provide.

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