Senate President Abubakar Bukola Saraki yesterday reiterated the readiness of the eighth Senate to do all it could within the ambit of the law to re-invigorate the dwindling nation’s economy and make it compete with those of developed nations.
Saraki stated this when he received a delegation from the United Kingdom Emerging Capital Market Taskforce led by Mr. Roger Gifford in Abuja.
He said the present administration led by President Muhammadu Buhari was working towards attracting investors whose entry would revamp the nation’s stock market and ailing industries that dot the landscape.
He pointed out that apart from the country’s historical relationship with the United Kingdom, Nigeria expects robust economic ties with her former colonial master as well as investments that would assist in the area of industrialisation, employment generation and technological development.
The Senate president assured that the Senate would at all times support and push for policies that would create deep, transparent and open capital market with numerous company listings.
Senator Saraki commended the UK Foreign and Commonwealth Office for the initiative of sending a task force on emerging capital market to Nigeria.
He also enjoined the taskforce to identify Nigeria as a priority market, adding that the Senate would continue to fashion out legislative instruments towards achieving set objectives.
Earlier, leader of the delegation, Roger Gifford, called for continued collaboration between Nigeria and the UK government, saying Nigeria had been identified as an emerging economy in Africa.
“I can only task Nigeria to continue to work together with the United Kingdom in order to make good use of the new partnership,” Gifford said.

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