The Securities and Exchange Commission (SEC) has urged Nigerian civil servants to take advantage of the capital market to grow wealth, improve financial security, and contribute to national economic development.
During a strategic engagement with Head of Service Didi Walson-Jack, SEC Director-General Dr. Emomotimi Agama stressed that civil servants should move beyond being salary earners to becoming active investors. He highlighted that pension funds already link millions of civil servants to the market through government bonds, equities, and infrastructure investments, which directly affect retirement benefits.
Dr. Agama proposed a tailored financial literacy program covering savings, investment planning, home ownership, and education funding. He also warned against unregistered schemes, noting that civil servants are often targets of Ponzi schemes.
Head of Service Walson-Jack expressed readiness to collaborate with SEC, ensuring civil servants can retire with better financial security and access to assets like homes.
