KEY POINTS

• The Senate has proposed establishing a N10 billion investment education fund for the capital market sector.
• The project seeks to provide financial education to increase literacy rates and it seeks to attract additional investors to the market.
• The Finance Minister Edun emphasizes stock market strength while noting government backing.

The Senate advocates for a N10 billion special investor education fund in the 2025 budget to create market awareness and recruit more investors.

During their Securities and Exchange Commission budget defense session in Abuja Senator Osita Izunaso who served as the Senate Committee on Capital Market chairman announced this proposal.

During his address to Minister of Finance Wale Edun at the budget session, Izunaso underscored the role of the capital market in reaching the $1 trillion economy goal established by President Bola Tinubu.

Its existing performance in the capital market remains strong yet we should enhance services to draw additional investors. Participation levels stand at an insufficient point while I hold that this situation is incorrect. Izunaso emphasized that the country has many more operating firms than listed entities in its capital market.

The improvement of capital market literacy demands specified financial resources according to Mr. Izunaso who said “Our capital market needs extra investment to become what it should be.”

Government backs capital market stability

Finance Minister Wale Edun presented the government’s actions to develop a secure investment climate by implementing timely economic strategies for speeding up development and poverty decrease.

The stock market exhibited positive performance at the beginning of 2025 as a result of strong investor faith and adaptability. The minister noted that pension account savings can become investment capital which will boost economic strength.

The pension accounts operate monthly for both salary earners and civil servants regardless of their government contributions through the month. Edun emphasized this information.

The established N10 billion investor education fund will boost economic development by improving financial understanding while motivating more investors to join the market.