The Senate Committee on Capital Market has given its stamp of approval to Dr. Emomotimi Agama as the newly appointed Director General of the Securities and Exchange Commission.
Under the stewardship of Senator Osita Izunaso, the committee also greenlit the nominations of Frana Chukwuogor as Executive Commissioner (Legal and Enforcement), Bola Ajomale as Executive Commissioner (Operations), and Mrs. Samiya Usman as Executive Commissioner (Corporate Services).
President Bola Tinubu, on April 19, named Agama as the DG of SEC, succeeding Lamido Yuguda. Capital market stakeholders have lauded Agama’s appointment, citing him as a technocrat poised to bolster the realisation of the Tinubu administration’s ambition of fostering a $1 trillion economy.
In his remarks following his confirmation, Agama, an entrenched technocrat within the commission, pledged to expedite the growth of the capital market in a manner conducive to wealth creation, investment attraction, and job generation for Nigerians.
He outlined his team’s mandate, assigned by President Tinubu, to reshape the narrative of the capital market and steer it towards a trajectory that catalyses economic expansion.
“We are bringing on board innovation, and development. We are going to change the narrative of the Nigerian capital market. We are going to turn it around. That is the essence of our appointment by Mr President. With this team, we assure Nigerians that we’re going to do the best that the President has the desire to do,” he affirmed.
Agama characterised the capital market as a vital gauge of the economy, emphasising that the commission would implement progressive policies and programmes aimed at nurturing world-class enterprises, thereby ensuring equitable wealth redistribution.
