What do you believe is the single most important factor driving up the cost of living in Nigeria?

The Director General of the Securities and Exchange Commission, Emomotimi Agama, said this in a statement issued on Sunday in Abuja.

Agama said the Commission’s enforcement mechanisms will be fully deployed to fish out anyone who is perpetrating illegal activities within the investment climate in Nigeria.

According to him, “Section 13(a) of the Investments and Securities Act 2007 states that the SEC has the power to regulate Investments and Securities business in Nigeria. So, within the law, we have the power to do so.

“What we are doing is strengthening our enforcement mechanism in collaboration with the Nigerian Police Force and the Federal Ministry of Justice. This serves as a notice to anyone not playing by the books to desist or face the law.

He assured that the SEC is prepared to protect investors and also educate them, which will translate into confidence in the market while also superintending over public companies to ensure that good corporate governance is imbibed in their administration.

• Read More