The Securities and Exchange Commission(SEC) has urged Government-Owned Enterprises (GOEs) to list on the Nigerian Exchange Limited, NGX, in alignment with the Renewed Hope Agenda of President Bola Tinubu.
The SEC Director General, Dr. Emomotimi Agama, in a statement by the Commission in Abuja on Thursday, said that the listing of GOEs would promote democratization, inclusiveness, and wealth creation for Nigerians.
He emphasized that the SEC would offer incentives to encourage GOEs to list their securities.
He further stated that aside from the incentives, the SEC will also educate those managing these institutions to understand that listing does not diminish their control. Instead, it empowers them by creating unity.
Agama noted that the Commission would continue providing education and incentives while streamlining the time to market for companies.
“By reducing the time to market and offering certainty and support, we ensure that once a company decides to list, it can follow a reliable timeline supported by the SEC,” he added.
He said the SEC is also leveraging technology to drive inclusion in the capital market, particularly to attract younger investors.