Obasanjo calls for transparency in Stock Exchange

chika ebuzor

November 4, 2016 7:55 AM

OBJ said for Nigeria’s economy to grow, investors need to be confident about the stock market.

Former President, Olusegun Obasanjo

Former President Olusegun Obasanjo has called on the Securities and Exchange Commission (SEC) to put measures in place that will make sock investors more confident.

Obasanjo added that if transparency, stability and credibility can be guaranteed in the stock market, recession will a thing of the past.

OBJ said this while meeting with the Director General, Securities and Exchange Commission (SEC), Mounir Gwarzo, on Thursday, November 3, 2016, in Abeokuta.

The former President also added that for Nigeria’s economy to get back on its feet, investors need to be confident about the stock market.

ALSO READ:Obasanjo says it’s time to elect a female Governor

According to Vanguard, Obasanjo said the Nigerian stock market has turned many billionaire to millionaires, and millionaires to ‘thousandnaires’.

Former President Olusegun Obasanjo also assured young Nigerians that the country will overcome the challenges it is going through currently.

chika ebuzor

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!