Nigerian officials have advocated stock-exchange listings for NNPC Ltd and Nigeria LNG as part of a wider capital-market expansion agenda, according to a National Assembly Library Trust Fund report published on 22 October. The proposals were discussed at the National Capital Market Conference in Abuja.

The report attributes to Finance Minister Taiwo Oyedele a ten-year ambition to expand Nigeria’s capital market to $1 trillion. It separately refers to the government’s $1 trillion national-economy target for 2030. A market-value target and an economy-wide output target measure different things and should not be treated as interchangeable.

Senate capital-market committee chair Osita Izunaso urged major companies to list, while Oyedele described incentives to encourage participation rather than forcing private businesses to sell shares. The account also reports the launch of a National Savings Scheme, with the securities regulator describing professional fund management and digital access as features of the initiative.

The source does not establish an approved initial public offering, valuation, share price, ownership percentage to be sold or timetable for either NNPC or Nigeria LNG. Broader ownership and deeper investment funding are stated policy aims. Neither an expression of support for a listing nor announcement of a savings scheme guarantees a return for investors.