Connect with us

Business News

Federal Government, Nigeria Stock Exchange Collaboration Essential For Economic Development, Osinbajo



VP Osinbajo with CEO, Nigerian Stock Exchange, Mr. Oscar Onyema (L); and Nigerian Stock Exchange,
Divisional Head, Listings Business, Mr. Olumide Bolumole (R). -Photos: NOVO ISIORO

The Federal Government has assured collaboration with the Nigerian Stock Exchange (NSE) in key aspects of improving the economy including the Ease of Doing Business, the privatization of public enterprises, amongst others.

The Vice President, Prof. Yemi Osinbajo stated this on Thursday when a delegation from the Nigerian Stock Exchange led by the Chief Executive Officer, Mr Oscar Onyeama, paid him a courtesy visit at the Presidential Villa.

The Vice President said the proposed NSE collaboration with the Federal Government in implementation of important programmes of the Buhari administration would enhance service delivery and improve transparency in public governance.

According to him, “The collaboration with the Federal Government in the Ease of Doing Business, government’s privatization programme and even in the innovation hubs programme is a good thing, and I think it will be very helpful.

“The NSE’s participation and collaboration in our Quarterly Business Forum and the competitiveness council will also be very useful. So, generally I think collaborating with the NSE in different initiatives is a good idea.”

Speaking further on the benefits derivable from such collaboration, the Vice President said, “the participation of the NSE will bring about more transparency and credibility in the sale of public enterprises, and we will look into that aspect”.

Prof. Osinbajo said the Federal Government would make efforts to further improve the ease of doing business environment and also key into any initiative that promotes innovation and creativity.

Earlier in his remarks, the Chief Executive Officer, Mr Oscar Onyeama briefed the Vice President on the proposed collaboration with the Federal Government in the operationalization of the Exchange’s innovation hub and other initiatives of the Federal Government, to which the NSE is willing to support.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *