The Lagos State Debt Management Office has taken steps to strengthen institutional capacity with a specialised training programme focused on capital market operations and investment processes.
Eko Hot News reports that the Lagos State Debt Management Office (DMO), in collaboration with the Nigerian Exchange Group (NGX) and NGX X-Academy, organised a two-day capacity-building training programme to deepen staff understanding of capital market structures, products, and regulatory trends.
The training was designed to equip officers of the Debt Management Office with practical knowledge required to operate effectively within Nigeria’s evolving capital market, particularly as Lagos State continues to leverage the market as an active issuer of funds for infrastructural development.
Declaring the programme open, the Permanent Secretary of the Debt Management Office, Mrs. Alake Sanusi, who was represented by the Director of Administration and Human Resource, Ms. Titi Awokoya, encouraged participants to fully maximise the learning opportunity.
She charged attendees to align with the administration’s guiding principle of “Learn, Unlearn, and Re-learn,” stressing the importance of continuous learning in a dynamic financial environment.
Ms. Awokoya explained that a solid understanding of capital market operations is critical to the Office’s mandate, especially as Lagos State increasingly raises long-term, patient capital to finance infrastructure projects that support economic growth and social development.
She noted that improved staff competence would translate into better policy execution, stronger investor confidence, and more effective debt management strategies.
She also expressed appreciation to the Nigerian Exchange Group for partnering with the Debt Management Office to organise the training.
According to her, the collaboration reflects a shared commitment to strengthening public sector capacity and enhancing service delivery through targeted knowledge development.
In her remarks, the Team Lead of NGX X-Academy, Ms. Ugochi Obi, said the decision to partner with Lagos State was informed by the state’s active and strategic participation in the capital market.
She noted that Lagos has consistently demonstrated leadership as a sub-national issuer, making it important for its workforce to be well grounded in market operations and regulatory expectations.
Ms. Obi stated that the training was structured to bridge knowledge gaps and empower participants to perform their roles more effectively. She encouraged participants to engage actively in discussions, ask questions, and share experiences throughout the sessions.
According to her, the two-day programme focused on several critical areas, including the roles of capital market operators and regulators, regulatory frameworks governing both the capital market and the exchange, market surveillance mechanisms, clearing and settlement processes, and available investment opportunities.
Other key areas covered included the processes involved in investing and trading in the capital market, as well as emerging regulatory trends shaping the financial landscape.
Participants were also exposed to practical insights on how government institutions can optimise capital market instruments to support sustainable development while maintaining fiscal discipline and transparency.
The training aligns with Lagos State Government’s broader agenda to strengthen financial governance, build technical capacity within key institutions, and promote best practices in public finance management.
By equipping its workforce with up-to-date knowledge of capital market operations, the Debt Management Office aims to improve efficiency, enhance compliance, and support informed decision-making.
At the end of the programme, participants commended the organisers for the quality of the sessions and expressed confidence that the knowledge gained would positively impact their daily responsibilities. The organisers reaffirmed their commitment to continued collaboration and future capacity-building initiatives.
