FG Tasks Women on Tapping into Capital Market for Wealth Creation
In celebration of International Women’s Day, the Federal Government has urged Nigerian women to seize investment opportunities in the capital market as a viable pathway to wealth creation.
Speaking at the official launch of the Securities and Exchange Commission (SEC) Podcast in Abuja, the Minister of State for Finance, Dr. Doris Uzoka-Anite, emphasized the importance of women’s participation in the financial sector.
“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,” she stated.
Dr. Uzoka-Anite acknowledged the challenges women face in balancing professional and familial responsibilities but stressed that women are naturally skilled at managing finances.
“Women are actually 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 added.
The Minister called for a dual approach to supporting women in the capital market, advocating for both individual empowerment and institutional reforms.
“Assisting women in the capital market is a multi-pronged approach. The individuals need to do more to be heard, while institutions must give women a chance and treat them based on their competencies and capacities,” she explained.
She lauded the SEC for launching the podcast, describing it as an innovative platform to enhance financial literacy and market participation among women.
Earlier in his remarks, the Director General of the SEC, Dr. Emomotimi Agama, underscored the podcast’s role in spreading awareness about the capital market, particularly to remote areas.
“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.
Dr. Uzoka-Anite’s call for action aligns with Nigeria’s broader financial inclusion agenda. As the country pursues its ambitious $1 trillion economy target, increased female participation in the capital market is expected to drive economic transformation and sustainable development.
