The Securities and Exchange Commission has again confirmed that the capital market possess the potentials to bridge the infrastructure gap in the country as well as aid economic development.
This was established by Executive Commissioner Operations of the SEC, Mr Dayo Obisan at the annual conference/30th anniversary of the Finance Correspondents Association of Nigeria with the theme: Financing Infrastructure & SMEs for inclusive growth in the post-Covid-19 economy, which was hosted Lagos weekend.
Obisan added that there are a number of options that can be explored one of which is Sukuk that is directly linked to each project and deployed to extend credit to bridge the gap.
According to him, “There are a number of options that can be explored to bridge the infrastructure gap. One of them that has been used in the past is Sukuk. In the last three to four years, Sukuk has been used to raise funding for critical projects in various sectors of the economy.
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