Senate Pushes for N10bn Capital Market Awareness Fund to Boost Investor Participation
Nigeria’s Capital Market Set for a Major Investor Education Drive
The Nigerian Senate has proposed a ₦10 billion fund to enhance investor education and awareness in the capital market, aiming to drive higher participation and unlock the sector’s full potential.
Key Highlights of the Proposal
• The Chairman of the Senate Committee on Capital Market, Osita Izunaso, announced the proposal during the budget defense session of the Securities and Exchange Commission (SEC) in Abuja on Tuesday, February 12, 2025.
• He emphasized that low awareness remains a major challenge to market participation, limiting investment opportunities for Nigerians.
• The initiative aligns with President Bola Tinubu’s vision of building a $1 trillion economy, with the capital market playing a central role in economic expansion.
Why the ₦10bn Fund Matters
According to Izunaso, despite the Nigerian stock market’s strong performance, participation remains low, with fewer listed companies than the economy’s potential suggests. The proposed fund would be dedicated to:
✔ Expanding financial literacy programs to educate potential investors.
✔ Encouraging retail and institutional participation in stock trading.
✔ Boosting market confidence through transparency and public engagement.
Legislative Commitment & Government Support
• The Senate has already repealed the Investment and Securities Act, with a new bill awaiting presidential assent, reinforcing the commitment to market-friendly reforms.
• Finance Minister Wale Edun assured the committee of the government’s dedication to a stable, investment-friendly market environment.
• He noted that recent policy measures have strengthened investor confidence, with stock market growth already evident in 2025.
• Edun also hinted at leveraging pension funds and savings to increase capital flow into the market.
What This Means for Investors
If approved, the ₦10bn fund will mark one of Nigeria’s biggest investments in financial literacy, making the capital market more accessible and attractive to both local and foreign investors. With the government, lawmakers, and regulators working together, the stock market could become a key driver of economic growth in the coming years.
Bottom Line: The Senate’s proposal signals a major push toward expanding Nigeria’s investment culture. If implemented effectively, it could unlock new opportunities and broaden participation in the capital market, setting the stage for long-term economic gains.
Nigeria’s Capital Market Set for a Major Investor Education Drive
The Nigerian Senate has proposed a ₦10 billion fund to enhance investor education and awareness in the capital market, aiming to drive higher participation and unlock the sector’s full potential.
Key Highlights of the Proposal
• The Chairman of the Senate Committee on Capital Market, Osita Izunaso, announced the proposal during the budget defense session of the Securities and Exchange Commission (SEC) in Abuja on Tuesday, February 12, 2025.
• He emphasized that low awareness remains a major challenge to market participation, limiting investment opportunities for Nigerians.
• The initiative aligns with President Bola Tinubu’s vision of building a $1 trillion economy, with the capital market playing a central role in economic expansion.
Why the ₦10bn Fund Matters
According to Izunaso, despite the Nigerian stock market’s strong performance, participation remains low, with fewer listed companies than the economy’s potential suggests. The proposed fund would be dedicated to:
✔ Expanding financial literacy programs to educate potential investors.
✔ Encouraging retail and institutional participation in stock trading.
✔ Boosting market confidence through transparency and public engagement.
Legislative Commitment & Government Support
• The Senate has already repealed the Investment and Securities Act, with a new bill awaiting presidential assent, reinforcing the commitment to market-friendly reforms.
• Finance Minister Wale Edun assured the committee of the government’s dedication to a stable, investment-friendly market environment.
• He noted that recent policy measures have strengthened investor confidence, with stock market growth already evident in 2025.
• Edun also hinted at leveraging pension funds and savings to increase capital flow into the market.
What This Means for Investors
If approved, the ₦10bn fund will mark one of Nigeria’s biggest investments in financial literacy, making the capital market more accessible and attractive to both local and foreign investors. With the government, lawmakers, and regulators working together, the stock market could become a key driver of economic growth in the coming years.
Bottom Line: The Senate’s proposal signals a major push toward expanding Nigeria’s investment culture. If implemented effectively, it could unlock new opportunities and broaden participation in the capital market, setting the stage for long-term economic gains.