SEC announces seminar on implications of the 2019 budget to the capital market
Adesola Afolabi was a businessamlive reporter and Head of Financial desk.
The Securities and Exchange Commission, (SEC), has announced its readiness to host the 2019 edition of a budget seminar series aimed at extensive deliberation on the implication of the budget to the capital market in Nigeria.
According to a statement issued Wednesday from the SEC, the seminar is the third of its kind by the commission which will bring together experts with professional, policy and academic background in order to also examine the ways in which the capital market could contribute more meaningfully to the growth and recovery process the budget is intended to promote.
“The commission’s budget seminar series has been established as a forum for evaluating the connection between the Nigerian capital market and the annual Federal Government Budget.
A major aim is to identify how the capital market can contribute to and in turn benefit from the budget and its implementation,” the statement read in part.
The Commission as the host of this event, said it has gathered subject matter experts with incisive knowledge and experience on various economic activities to deliberate extensively, with the aim of enlightening participants on the area of focus for the seminar.
In addition to the learning of the day, which will equip participants, a communique will be drafted and forwarded as the capital market inputs to the appropriate government and private institutions.
The SEC noted Afolabi Olowookere as the presenter for the event, with panellists to include Hajara Adeola of Lotus Capital Limited, Toyin Sanni of Emerging Africa Capital Group, Patience Oniha Director General of Debt Management Office and Olu Ajakaiye, a professor of Africa Centre for Shared Capacity Development Building.
Others are Ike Chioke of Afrinvest Management Limited, Mobolaji Balogun of Chapel Hill Denham, Uche Uwaleke, a professor of Nasarawa State University and Johnson Chukwu of Cowry Assets Management Limited.
The seminar themed “Budgets, Elections and Capital Markets: Risks and Opportunities in 2019” is scheduled for Tuesday March 19,2019, at the Eko Hotels and Suites Victoria Island, Lagos.