FG ready to work with private sector to revive economy - Buhari

The president has stated that he is willing to work with private sectors to boost the economy

Buhari lauded the management of the Nigerian Exchange Limited

President Muhammadu Buhari has commended the management of the Nigerian Exchange Limited (NGX) on the successful conversion of the defunct Nigerian Stock Exchange (NSE) into a public company.

He made the statement, yesterday, at the NGX virtual launch of the ‘Stock Africa Is Made Of’ campaign to uncover the exchange’s new identity as well as amplify NGX Group’s positioning and commitment to the African financial markets.
Buhari also assured Nigerians that the Federal Government would continue to engage and collaborate with the private sector to improve lives and transform the country’s economy.

He affirmed that the exchange has continued to play its part in nation-building by stimulating economic growth and providing a platform for businesses to raise capital.

“Let me start by congratulating Nigerian Exchange Group Plc on its recently-concluded demutualisation, which is the first in the country. I recall signing the demutualisation Bill in August 2018, paving the way for the long-awaited demutualisation of the then NSE.

“It is my pleasure to join you all at this important event organised to amplify the positive narrative about Africa and its great potentials. The occasion of the demutualisation of the NSE is yet a proud moment for all of us. Indeed, all Nigerians deserve congratulations for this feat as it is the beginning of a new era for the capital market.

“The exchange continues to play its part in nation building by stimulating economic growth and providing a platform for businesses and individuals to save and raise capital through innovation, diversified products and services, enabling regulatory environments and much more,” he said.