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Published On: Mon, May 19th, 2014

SEC committed to financial literacy- Oteh

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By Doyin Ojosipe

The Director General of the Securities and Exchange Commission (SEC), Arunma Oteh has said that the Commission would play its role as the Apex regulator of Nigeria’s capital market in ensuring that more Nigerians become financially literate.

Oteh said this when she received members of the Nigerian Institute of Management (NIM) in her office over the weekend.

According to the DG, the commitment to financial education among other considerations informed the decision of the Commission to partner with the entertainment industry to communicate to Nigerians, issues relating to financial literacy.

She said, “ As the Apex Regulator of the capital market we need to raise financially literate citizens who spend wisely and save wisely

“ We believe if people are well schooled, they will be able to make informed financial decisions. We are keen on ensuring that Nigeria has financially responsible citiens”.

Oteh emphasized that integrity and discipline are very important to the Commission as it must strive to be a role model in all it does.

“We must be a role model in everything we do because our work entails regulations and enduring that our markets are where we want them to be and also ensure that Nigeria is the preferred investor destination” she said.

Earlier in an address, President of the Institute, Dr. Nelson Uwaga commended the SEC for the meritorious service it has been rendering to the nation and the economy and on its efforts in turning around the nation’s capital market.

 

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