Senate Committee on Banking, Insurance and Other Financial Institutions Chairman Senator Mukhail Adetokunbo Abiru, who represents Lagos East, has stressed the need for sustained collaboration among policymakers, regulators, market operators, and investors to strengthen Nigeria’s financial system and accelerate economic growth, speaking while receiving the Legislative Excellence Award for Financial Sector Advancement at the 2026 Nairametrics Capital Market Awards in Lagos.

In a statement by his Media Office, Abiru said the recognition underscored the importance of collective efforts in building a resilient and globally competitive financial ecosystem capable of attracting investments, deepening investor confidence, and creating opportunities for Nigerians. He described stronger partnerships among key stakeholders as critical to advancing reforms that would enhance the efficiency of the capital market and support long-term economic transformation.

The former banking executive reaffirmed his commitment to promoting legislative initiatives aimed at strengthening the capital market, improving financial stability, and driving sustainable economic development. He commended operators and regulators in the financial services industry for their continued dedication to expanding and modernizing Nigeria’s capital market and noted that a vibrant and resilient capital market remained indispensable to achieving the country’s economic aspirations.