December 2, 2022

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Agriculture crucial in financial diversification- Yuguda


As Nigeria pursues insurance policies geared toward diversifying the financial system, creating jobs and hastening socio-economic improvement, agriculture has been recognized as able to taking part in an important function in actualizing these lofty aims.

 Director Basic of the Securities and Alternate Fee, Mr. Lamido Yuguda said this in Benin on the twenty sixth Annual Stockbroker’s Convention with the theme “Capital market and agricultural improvement in Nigeria: Points and the way in which ahead”

The DG mentioned the theme of this 12 months’s convention, ‘Capital Market and Agricultural Improvement in Nigeria: Points and method ahead’ couldn’t have come at a greater time than now because it showcases the vital function the capital market can play in harnessing sources for our nation’s agricultural improvement.

In his tackle, the Governor of Edo State, Mr. Godwin Obaseki described the theme as very apt because it resonates with the efforts of the State authorities to open up the state’s agricultural sector for personal funding.

Represented by Head of Service Edo State, Mr. Anthony Okungbowa, Obaseki mentioned stockbrokers play a crucial function in directing the circulate of funding into varied sectors of the financial system and urged them to think about the impression the elevated funding within the oil palm sector could make in rejuvenating the Nigerian financial system taking into account that money crops akin to oil palm, rubber and timber amongst others have been mainstay of our financial system at a time.

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