Securities and Exchange Commission, SEC, has announced its readiness to host the third quarter 2015 Capital Market Committee, CMC, meeting scheduled to hold in Lagos, Wednesday.
A statement from the SEC said top on the agenda of the meeting is the capital market master plan implementation.
The 10-year master plan for the Nigerian capital market which is expected to refocus the market and help double its size over time and grow the economy was unveiled last November.
DG of SEC, Mounir Gwarzo had recently assured that he is committed to ensuring the implementation of the 10-year Capital Market Master Plan.
According to him “I have only one agenda for the market, my agenda for the market is to faithfully and religiously implement the 10-year Capital Market Master Plan. It will be recalled last year SEC set up three committees to drive market growth and the best brains in the market participated in the three committees and they worked tirelessly and came up with an excellence report which was launched last year, what we lacked in the country is the faithful implementation of reports.
It was in pursuant to this drive that Gwarzo recently visited Vice President Yemi Osinbajo in Abuja to intimate him about the efforts the Commission had made so far in implementing the 10 year Master Plan as well as brief the Vice President about ongoingmarket reforms spearheaded by the SEC.
The SEC DG also informed the Vice President of the upcoming inauguration of the Capital Market Master Plan Implementation Council, CAMMIC, the launching of the Corporate Governance Scorecard and the inauguration of the Investors Protection Fund all scheduled for Thursday 26 November 2015.

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