Shettima, Agama, Others Charge Judiciary to Foster Confidence in Nigeria’s Capital Market

Nigeria’s Vice President Kashim Shettima, the Minister of State for Finance, Doris Uzoka Anite, the Director General of the Securities and Exchange Commission (SEC) Dr Emomotimi Agama and other stake- holders in the capital market on Monday called on the country’s judiciary to enhance trust and efficiency within the country’s capital market.

They stressed that the judiciary has a critical role in driving the agenda of the federal government to achieve the N1tn target for the Nigerian economy. Speaking at the Securities and Exchange Commission (SEC) Judges’ Work- shop in Abuja, Shettima highlighted how effective dispute resolution mechanisms underpin investor confidence and market stability.

Themed “Repositioning the Nigerian Capital Market for National Economic Transformation through Effective Dispute Resolution,” the workshop brought together the Chief Justice of Nigeria, President of the Court of Appeal, Chief Judges, Attorney-General, SEC officials, and key legal practitioners.

“A strong and trustworthy capital market is fundamental to national economic transformation,” the Vice President said.

He noted that beyond its role as a trading platform, the capital market mobilizes long-term funds crucial for infrastructure, business expansion, and job creation, all vital to Nigeria’s development goals amid a young and growing population.

Shettima stressed that investor trust hinges on a legal system capable of resolving disputes promptly and fairly.

“Justice delayed is justice denied, especially in financial markets where timing is critical,” he stated, urging judges to deepen their knowledge of capital market laws and work closely with the SEC to uphold market integrity.

He also reassured participants of the government’s commitment to supporting judicial independence and improving access to justice, including through alternative dispute resolution techniques such as mediation and arbitration, aimed at easing court congestion and speeding up settlements.