$1tn economy: FG urges women to explore capital market investment opportunities
The Federal Government has called on women across the country to explore investment opportunities in the capital market, describing it as a vital tool for wealth creation and economic empowerment.
The appeal came during the launch of the Securities and Exchange Commission Podcast in Abuja on Tuesday, an event aimed at boosting financial literacy and inclusion.
The Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga, revealed this in a statement on X (formerly Twitter) on Tuesday.
The Minister of State for Finance, Dr. Doris Uzoka-Anite, who officiated the launch, emphasised the transformative potential of women’s participation in the capital market.
She said, “Opening opportunities for women in the capital market would create a pathway to wealth creation.
“We need to come up with more policies, reforms, or frameworks that encourage more women to participate in the financial sector.
“By leveraging the capital market, Nigerian women can unlock new opportunities for wealth creation, economic growth, and prosperity.”
The statement further tied the initiative to Nigeria’s broader economic ambitions, noting, “As the country strives to achieve its $1 trillion economy target, the active participation of women in the capital market will play a vital role in driving sustainable development and economic transformation.”
Highlighting the innate financial acumen of women, Uzoka-Anite noted their ability to manage resources effectively.
“Women are very good with investing; we know what to do with money. We know how to manage money in the house, and it will go around the whole family. If a woman learns how to make that money multiply and how to save it in a way that it will continue to add value and meet her needs and her family’s needs, I think she will love that,” she remarked.
The Minister also acknowledged the unique challenges women face in balancing professional and familial responsibilities, calling for a dual approach to support their involvement in the financial sector.
“Assisting women in the capital market is a multi-pronged approach; the individuals need to do more to be heard.
“The institutional approach, where we encourage the institutions to give women a chance, to treat women based on their competencies, capacities, and encourage them, is equally critical,” she explained.
The SEC Podcast, hailed as “very innovative and highly needed at this time” by Uzoka-Anite, is designed to bridge the knowledge gap about the capital market.
Speaking at the event, SEC Director General Dr. Emomotimi Agama, elaborated on its purpose.
“We want people in the most remote parts of this country to be aware of the capital market and how they can participate to create wealth,” he said.
