In an effort to promote women’s financial empowerment, the Federal Government is urging Nigerian women to tap into the capital market for wealth creation. This call was made by the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, during the launch of the Securities and Exchange Commission (SEC) Podcast in Abuja.
Dr. Uzoka-Anite highlighted the importance of increasing women’s participation in the capital market, emphasizing that it could open up new pathways for wealth building. “Opening opportunities for women in the capital market would create a pathway to wealth creation,” she said. She also called for more policies and reforms that will support women in taking part in the financial sector.
The Minister acknowledged the challenges women face in balancing professional careers with family responsibilities but highlighted their natural ability to manage money effectively. “Women are actually very good with investing; we know how to manage money in the house, and it will go round the whole family,” Dr. Uzoka-Anite noted. She believes that if women learn to grow and save their wealth wisely, it will benefit their families and inspire them to participate in the capital market.
Dr. Uzoka-Anite also stressed that helping women succeed in the capital market requires a combined effort of both individual empowerment and institutional support. “We need to ensure that institutions offer women equal opportunities based on their competencies and capacities,” she added.
The launch of the SEC Podcast was hailed as an innovative initiative to spread awareness about the capital market across Nigeria. Dr. Emomotimi Agama, Director-General of the SEC, explained that the podcast aims to reach people nationwide, even in the most remote areas, and inform them about the capital market’s opportunities for wealth creation.
Dr. Uzoka-Anite’s call to action is in line with Nigeria’s goal of becoming a $1 trillion economy. She expressed optimism that, by empowering more women to engage with the capital market, Nigeria can unlock new opportunities for growth and prosperity, ultimately benefiting the country as a whole.
As Nigeria continues its journey toward sustainable economic development, the active participation of women in the capital market will play a significant role in driving financial inclusion and creating long-term wealth for families and communities.