House of Reps Applauds President Tinubu for Signing Investment and Securities Bill into Law
The House of Representatives has commended President Bola Ahmed Tinubu, GCFR, for signing the Investment and Securities Bill 2025 into law.
The legislation is expected to transform Nigeria’s capital market, strengthen investor protections, and align regulatory frameworks with international standards.
The newly enacted Act is the culmination of extensive legislative efforts spanning the 8th, 9th, and 10th National Assemblies. It involved rigorous consultations and stakeholder engagements, including a public hearing held on November 14, 2024, at the National Assembly Complex.
A subsequent technical retreat with the Securities and Exchange Commission (SEC) from November 16 to 18, 2024, further refined the bill before its final passage.
Chairman of the House Committee on Capital Market and Institutions, Rep. Solomon T. Bob (PDP, Rivers), lauded the enactment of the Act, emphasizing its importance in fortifying Nigeria’s investment landscape.
He stated, “The signing of the Investment and Securities Act 2025 is a testament to the National Assembly’s commitment to fostering a transparent, efficient, and investor-friendly capital market. This Act introduces critical reforms, including stricter regulation of investment schemes, enhanced oversight of securities markets, and stronger protection mechanisms for investors.”
Rep. Bob highlighted that the Act grants enhanced regulatory powers to the Securities and Exchange Commission (SEC), ensuring full compliance with the International Organisation of Securities Commissions (IOSCO’s) Enhanced Multilateral Memorandum of Understanding (EMMoU).
This, he noted, will enable the SEC to maintain its ‘Signatory A’ status, boosting the credibility and attractiveness of Nigeria’s capital market.
The Investment and Securities Act 2025 also bolsters the SEC’s role as the apex regulatory authority, strengthens the legal framework for investment activities, and enforces stringent measures against Ponzi schemes and fraudulent financial practices. Additionally, it enhances the Investor Protection Fund to safeguard market participants from potential losses due to revoked brokerage licenses.
The House of Representatives extended gratitude to all stakeholders, including legislators, market regulators, investors, and industry experts, whose contributions were instrumental in shaping the law. The passage of this legislation reaffirms the National Assembly’s dedication to enacting policies that drive economic growth, attract investment, and position Nigeria as a leading financial hub in Africa.
In conclusion, the House reiterated its appreciation for President Tinubu’s visionary leadership and commitment to economic reforms that will boost investor confidence and spur national prosperity.
