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Capital market has a role to play for us to achieve $1trn economy

Capital market has a role to play for us to achieve $1trn economy

Vice-President Kashim Shettima says the Nigerian capital market has an important position to play in Nigeria reaching a $1 trillion financial system.

Shettima spoke on Tuesday whereas receiving government members of the Affiliation of Capital Market Teachers of Nigeria (ACMAN), led by Uche Uwaleke, on a courtesy go to to the Presidential Villa.

In October 2023, President Bola Tinubu informed the enterprise neighborhood on the Nigerian Financial Summit (NES) that the nation’s financial system might develop to $1 trillion by 2026.

The president additionally stated a $3 trillion Nigerian financial system is achievable inside 10 years.

Talking concerning the goal, Shettima stated the aim is achievable because of the mind and expertise of the capital market.

“We are actually in a knowledge-driven age; with out the talent set, we can not make a lot progress,” Shettima stated.

“The capital market has a really distinguished position to play in pushing us to the one trillion-dollar financial system.

“Together with your mind, expertise, and the standard of your membership that counts—not in numbers—we are able to obtain our goal.”

The vice-president additionally stated the contributions of capital market consultants are vital to the continuing efforts to remodel the nation’s financial system.

Additionally, Shettima was conferred with the Fellowship of Capital Market Teachers, the very best membership standing of the affiliation.

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