By Sabiu Abdullahi
The National Assembly has forwarded the Investments and Securities Bill, 2024, to President Bola Tinubu for approval.
Senator Osita Izunaso, Chairman of the Senate Committee on Capital Market, made the announcement during the Securities and Exchange Commission’s (SEC) budget defense on Tuesday in Abuja.
He stated that the bill, which had already been signed by Senate President Godswill Akpabio, had been sent to the executive for final assent.
According to Izunaso, President Tinubu is expected to sign the bill into law within 30 days.
Izunaso also mentioned that the committee had issued a written directive to the Minister of Finance requesting the inclusion of a N10 billion special fund for investor education in the 2025 budget.
During the meeting, Senator Anthony Yaro (PDP-Gombe) commended the SEC for its efforts in 2024.
He expressed optimism about the agency’s improved performance.