The Federal Government has called on women across Nigeria to explore investment opportunities in the capital market, emphasizing its potential as a vital tool for wealth creation and economic empowerment.
This appeal was made during the launch of the Securities and Exchange Commission Podcast in Abuja, an event aimed at boosting financial literacy and inclusion.
The Minister of State for Finance, Dr. Doris Uzoka-Anite, officiated the launch and highlighted the transformative potential of women’s participation in the capital market. “Opening opportunities for women in the capital market would create a pathway to wealth creation,” she said. Uzoka-Anite emphasized the need for more policies, reforms, or frameworks that encourage women to participate in the financial sector
Capital Market as a Pathway to Wealth Creation*Uzoka-Anite noted that women are naturally adept at managing resources effectively. “Women are very good with investing; we know what to do with money,” she remarked. By leveraging the capital market, Nigerian women can unlock new opportunities for wealth creation, economic growth, and prosperity.
The SEC Podcast is designed to bridge the knowledge gap about the capital market. SEC Director General Dr. Emomotimi Agama explained that the podcast aims to disseminate information across Nigeria, fostering understanding of the capital market and its opportunities. “We want people in the most remote parts of this country to be aware of the capital market and how they can participate to create wealth,” he said.
PAs Nigeria strives to achieve its $1 trillion economy target, the active participation of women in the capital market will play a vital role in driving sustainable development and economic transformation. Uzoka-Anite’s call to action marks a significant milestone in Nigeria’s journey towards financial inclusion and women’s economic empowerment.
The Minister acknowledged the unique challenges women face in balancing professional and familial responsibilities, calling for a dual approach to support their involvement in the financial sector. “Assisting women in the capital market is a multi-pronged approach; the individuals need to do more to be heard,” she explained. This approach involves both individual empowerment and institutional support.
The Federal Government’s call to action is a significant step towards promoting women’s economic empowerment and financial inclusion in Nigeria. By leveraging the capital market, Nigerian women can unlock new opportunities for wealth creation, economic growth, and prosperity