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Presidency, SEC Unveil Plans Mobilise Domestic Savings for $1 Trillion Economy

M rasooli jaan M rasooli jaan
Published on 2026-09-20 01:19:00
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Presidency, SEC Unveil Plans Mobilise Domestic Savings for $1 Trillion Economy

Shettima to endorse 10-year Capital Market Master Plan

Deji Elumoye in Abuja

The Presidency and the Securities and Exchange Commission (SEC) have unveiled plans to deepen Nigeria’s capital market and mobilise domestic savings in a bold move to support President Bola Tinubu’s $1 trillion economic growth target.

While SEC is to introduce a National Savings Scheme backed by tax incentives, Vice President Kashim Shettima is expected to endorse the Nigerian Capital Market Master Plan 2.0, a 10-year strategic framework for the development of the market, as part of the initiative.

The initiatives will feature prominently at the Capital Market Conversation scheduled for October 19, 2026, at the State House, Abuja.

The Presidency and SEC disclosed this weekend during a strategic partnership meeting in Abuja ahead of the event, which is expected to attract local and international investors, capital market operators, listed companies, market infrastructure institutions, policymakers and other stakeholders.

Speaking during the briefing, the Technical Adviser to the President on Economic and Financial Inclusion (Office of the Vice President), Dr Nurudeen Abubakar Zauro, said the administration ...

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