FG Should Ramp Up Liberalization Of State Enterprises Through The Capital Market - Patrick Ajayi
Efforts at Liberalizing State Owned Enterprises in Nigeria, should be given top priority by the Federal Government through the Capital Market. Mr Patrick Ajayi the MD/CEO of WCM Capital and Member of the Council of Nigeria Stock Exchange, disclosed this as a guest on the 44th episode of the WebTV "Economy and Politics" show anchored by Ottoabasi Abasiekong.
He also called for clarity in government policy covering fiscal direction, investments and trade to incentivize increased Foreign Direct Investments, FDI inflows into the country. Ajayi said the capital market was ready to support Nigeria's economic sustainability plan post #COVID19, and was happy that the Federal Government was utilized the Capital market for its domestic borrowing and also the recent issuance of the N150bn Ijara Sukuk focused on road infrastructure.