The Director-General of Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, has disclosed that by formalising Commodities and Warehouse receipts the capital market can unlock $500 billion in dormant agricultural and mineral assets.
Agama, who made this disclosure at a national workshop of the Chartered Institute of Stockbrokers (CIS) held on Tuesday in Abuja, said the initiative would transform the dormant assets into tradeable securities.
According to the investment expert, formalising Commodities and Warehouse receipts will help the economy diversify from the oil and gas industry, and create wealth for the country.
Agama explained that the Investments and Securities Act 2025 had empowered the SEC to take decisive actions and strategies to grow the sector.
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He clarified: “The Act sharpens the SEC’s regulatory focus, ensuring it operates with the precision and authority required to steward a rapidly expanding market.
“Today, I speak not just about the Investments and Securities Act (ISA) 2025 as a legislative milestone, but as a strategic blueprint to propel Nigeria into the league of top global economies.
“This Act is not merely an update—it is a revolution. It dismantles legacy constraints, embeds global best practices, and positions our market as the engine room for national prosperity. The question before us is no longer if Nigeria can achieve a $1 trillion economy, but how soon—and the capital market, under this new Act, will be the accelerant”, Agama added.
The Director-General stressed that the commission now has explicit powers to shut down Ponzi schemes and prosecute offenders, ending the era of get-rich-quick scams that erode market confidence.
He maintained that investors remained now covered for losses from revoked dealer licenses, a long-awaited safeguard that will boost participation, noting that trust is the currency of our capital markets and without it, liquidity dries up.
