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SEC partners schools to improve investor education

By BusinessNews Staff on September 1, 2015

The Securities and Exchange Commission has said it is ready to collaborate with stakeholders in the education sector as a means of promoting human capital development and investor education.

The commission said in a statement on Sunday that as part of its efforts to continue to partner with relevant stakeholders in pursuance of its corporate social responsibility it had offered to support indigenous and indigent residents of the Federal Capital Territory with 50 e-readers to make learning easier and affordable for the less privileged.

The Director-General, SEC, Mr. Mounir Gwarzo, disclosed this when he received members of the Federal Capital Territory Scholarship Board led by the Director of Administration and Finance, Mrs. Naomi Biki, and the Director, Scholarship Board, Mallam Ahmad Rany, in his office in Abuja.

He said, “It is as a result of this collaboration that the SEC will redeem its pledge of the provision of e-readers to the two secondary schools in the FCT as part of its earlier commitment and also look into areas to further collaborate with the board.

“The SEC is serious about educating Nigerians from all walks of life on investor education to deepen interest in stock market activities in the country.”

Gwarzo assured members of the FCT scholarship board that the SEC would endow a doctorate chair in a university in a topic that would be relevant to capital market appreciation.

The SEC DG also said the commission would find ways to intervene in the FCT scholarship programme to assist indigent children from primary to tertiary institutions.

E-reader is a digital library where all the texts of subjects approved for scholarly education will be loaded on an iPad or kindle for ease of learning.

Biki said that the visit was in recognition of SEC’s efforts in terms of human capital development programmes and to congratulate the DG on his appointment.

She lamented that paucity of funds was making it difficult for the board to achieve its objective, stressing that despite the lack of funds, the board had so far assisted 70,000 children through scholarship – from primary to tertiary institutions.

She thanked the commission for using the FCT Schools as a pilot scheme for its social responsibility by pledging the provision of e-reader to the two secondary schools.

[Punch]

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