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SEC Partners with Labour Unions on Investor Education

SEC Partners with Labour Unions on Investor Education
SEC Partners with Labour Unions on Investor Education

SEC Partners with Labour Unions on Investor Education

By Editor

 The Securities and Exchange Commission (SEC) has partnered with labour unions to launch a financial literacy and investor education campaign for Nigerian workers.

  The initiative aims to improve personal financial planning, encourage saving, and promote investment among the workforce.   In a statement on Thursday, the Commission said the campaign—”SEC Investor Education Partnership with Labour”—aligns with its market development mandate under the Investment and Securities Act of 2007.   “This mandate is also supported by the 10-Year Capital Market Master Plan,” the Commission noted. “SEC is leading its implementation across the Nigerian capital market. It also ties into Nigeria’s role as the regional hub for investor education, training, and research under the International Organization of Securities Commissions (IOSCO).”   Through the partnership, SEC plans to share practical knowledge on financial planning, capital market investment opportunities, and investor protection. It will engage members of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), which include 26 affiliate unions.   Mr. Obi Adindu, Head of SEC’s Market Development Department, said the goal is to build a savings culture among workers. He explained that this pool of investible funds could flow into the Nigerian capital market. “Strong capital markets thrive on domestic participation,” he said.         Also Read: Macy’s Says Employee Hid up to $154 million in Expenses Since 2021

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