HomeBusinessReps applaud SEC’s fiscal reforms, revenue growth

Reps applaud SEC’s fiscal reforms, revenue growth

The House of Representatives has commended the Securities and Exchange Commission for enhancing its fiscal sustainability through cost‑cutting measures and improved revenue generation.

Deputy Chairman of the House of Representatives Committee on Finance, Saeed Abdullahi, gave the commendation on Tuesday during the 2026 Revenue Monitoring Exercise with the commission in Abuja.

Praising the SEC’s financial trajectory, Abdullahi urged its management to sustain the momentum and challenged the agency to surpass its 2026 revenue projection by at least 20 per cent.

He said, “DG, you have done significantly well. We have followed the progress of the SEC over the years and urge you to keep the flag flying. We will continue to celebrate you when you do well.

“This exercise is not to witch‑hunt any agency; it is aimed at ensuring better performance, especially at a time when the country is facing serious fiscal challenges.”

Earlier, the Director‑General of the SEC,

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