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Nigeria: FG to complete sale of Abuja Exchange June

Posted on 30 January 2014

The Federal Government has said the proposed sale of the Abuja Securities and Commodities Exchange will be completed by June this year. The director General of the Securities and Exchange Commission, SEC, Arunma Oteh, who disclosed this in Abuja noted that the government’s earlier commitment to complete the privatisation exercise by the end of last year could not hold, as it was unable to meet the deadline.
According to Oteh, “the government wants to privatise the only commodity exchange and it had committed to doing it by the end of last year. It didn’t meet that deadline, but it’s planning to do something by the middle of 2014.”……………………………………….Full Article: Source


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