The Director General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama has disclosed that by formalising Commodities and Warehouse receipts the capital market can unlock $500 billion in dormant agricultural and mineral assets.
Agama ,who stated this at a national workshop of the Chartered Institute of Stockbrokers in Abuja on Tuesday, said the move would transform them into tradeable securities.
He noted that would help the economy diversify from the oil and gas industry, and create wealth for the country.
Agama explained that the Investments and Securities Act 2025 has empowered the SEC to take decisive actions to promote the sector.
“The Act sharpens the SEC’s regulatory focus, ensuring it operates with the precision and authority required to steward a rapidly expanding market”, he stated.
