President, Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has said structural reforms would lead to sustainable capital formation and long-term economic growth.
He underscored the need for deliberate government actions to create an environment where industries, institutions, and capital markets can flourish.
“Capital formation does not occur in a vacuum. It requires an ecosystem built on policy consistency, macroeconomic stability, robust public-private partnerships, and investment in human capital,” Dada said.
Speaking at the CIS Workshop themed “Capital Formation in Nigeria: Strengthening Industry, Institutions and Markets to Bolster a $1 Trillion Economy,” held at the State House, Abuja, Dada stressed the importance of strong, transparent institutions in attracting long-term investments.
Read Also: ‘Nigeria’s development uncertain without agric, education, engineering’
He said: “Institutional reform is critical. Nigeria must enhance governance, strengthen its regulatory frameworks, and address corruption in order to build investor confidence”.
He also highlighted the untapped potential of Nigeria’s informal sector.
According to him, by formalizing and integrating this sector into the mainstream economy, Nigeria can broaden its tax base, deepen financial inclusion, and significantly boost capital market participation.
Director General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, reaffirmed the Commission’s commitment to capital formation as a pillar of economic growth.
He referenced the Investment and Securities Act (ISA 2025) as a key tool to drive innovation and deepen the market.
He said: “This Act is a framework for transformation. It calls on stockbrokers to innovate, investors to invest confidently, and regulators to act with foresight. Every policy we implement must answer one question: does it move us closer to achieving a $1 trillion economy?”