By Obas Esiedesa, Abuja
The Securities and Exchange Commission (SEC) has launched a nationwide awareness campaign to assist investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen investor protection and reduce dormant assets in Nigeria’s capital market.
The initiative, unveiled on Thursday in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, is designed to educate investors, beneficiaries and executors on probate procedures, estate administration and the processes required to access inherited financial assets.
Speaking at the event, Director-General of SEC, Dr. Emomotimi Agama, said the Commission was addressing a long-standing challenge that has prevented many families from accessing investments belonging to deceased relatives.
Agama noted that several beneficiaries face difficulties obtaining probate, letters of administration, death certificates and other documents required to claim shares, dividends and other financial assets.
