The Federal Government plans to increase retail investors in Nigeria's capital market from six million to twenty million by 2036. Finance Minister Taiwo Oyedele announced the target, together with a goal of raising the number of listed companies to two hundred and fifty over the same period. The plan rests on broadening participation beyond the small base of Nigerians who currently hold stocks. Officials argue that deeper retail involvement would channel domestic savings into companies and reduce reliance on a narrow pool of institutional money. Pulling it off would need simpler account opening, steadier investor education and products that ordinary earners can actually reach. Interest in the Nigerian Exchange has picked up lately, though participation remains thin relative to the size of the population. Whether the twenty million figure is met will come down to execution over the next decade rather than announcements alone.