Vice President Shettima: Capital Market Crucial to Nigeria’s Trillion-Dollar Economy Target

Vice President Shettima: Capital Market Crucial to Nigeria’s Trillion-Dollar Economy Target

Nigeria’s Vice President, Kashim Shettima, has emphasized the vital role of the capital market in achieving the Federal Government’s goal of a trillion-dollar economy. He made this statement during a courtesy visit from the Association of Capital Market Academics of Nigeria (ACMAN) at the State House in Abuja.

Shettima highlighted the significance of the capital market in driving economic growth, stating that “the capital market has a very prominent role to play in pushing us to the one trillion-dollar economy”. He praised the expertise of capital market professionals and their contributions to transforming the nation’s economy.

The Vice President also stressed the importance of leadership in achieving this objective, saying, “We have the skill set, the people, but what matters is the leadership that will push us to cross the Rubicon”. He expressed his appreciation for ACMAN’s support and partnership, acknowledging the moral burden of making Africa work.

ACMAN’s President, Prof. Uche Uwaleke, explained that the association, comprising professors and senior academics from Nigerian universities specializing in financial market research, has taken steps to strengthen the bond between academia and industry.

In a move signifying the growing importance of academic input in national economic policies, ACMAN conferred its highest membership status, Fellowship of Capital Market Academics, on Vice President Shettima. This recognition acknowledges his role as Chairman of the National Economic Council.

Present at the meeting were Prof. Seth Akutson from Kaduna State University, Dr. Hussaini Mohammed, Prof. Taibat Atoyebi, and Dr. Yekeen Abdul-Maliq, all from the University of Abuja.

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