Capital Market Crucial To Nigeria’s Trillion-Dollar Economy Target – Shettima

The Vice President, Kashim Shettima, has said the Nigerian capital market plays a crucial role in the realization of the target of the President Bola Ahmed Tinubu administration to create a trillion-dollar economy.

The Vice President stated this on Tuesday when he received at the Presidential Villa, executive members of the Association of Capital Market Academics of Nigeria (ACMAN) led by its President, Prof. Uche Uwaleke.

According to his Senior Special Assistant on Media, Stanley Nkwocha, Shettima said, “We are now in a knowledge-driven age; without the skill set, we cannot make much progress. The capital market has a very prominent role to play in pushing us to the one trillion-dollar economy. With your intellect, experience, and the quality of your membership that counts – not in numbers – we can achieve our objective.”

Shettima who lauded the efforts of capital market experts, emphasized the significance of their contributions to ongoing interventions to transform the nation’s economy.

“We have the skill set, the people, but what matters is the leadership that will push us to cross the Rubicon. We need your association to work with us to come up with robust solutions to our nation’s needs.

“Wherever Nigeria goes, that’s where Africa will go. So, we have that moral burden to make this continent work. That is why I am pleased with your partnership and support for our administration,” the Vice President added.

Earlier, the President of ACMAN, Professor Uche Uwaleke said they were at the Presidential Villa to give the association’s support to the reforms of President Tinubu’s administration in areas of fiscal policy.

He stated that the association, comprising professors and senior academics from Nigerian universities specializing in financial market research, has taken steps to strengthen the bond between academia and industry.

“Today (Tuesday), the association welcomes captains of industry in order to strengthen the bond between the town and the gown.

“The second objective is to confer on His Excellency, Vice President Kashim Shettima, the highest membership status of the association – Fellowship of Capital Market Academics,” Uwaleke said.

He explained that “at the last conference we had, members unanimously nominated His Excellency as a fellow of the association as the Chairman of the National Economic Council.

“We look forward to your inaugural lecture, a very important condition for the award.”

Also present at the meeting were Professor Seth Akutson from Kaduna State University; Dr Hussaini Mohammed; Prof. Taibat Atoyebi and Dr Yekeen Abdul-Maliq, all from the University of Abuja.