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News

Buhari sends names of new SEC DG, three commissioners to Senate for confirmation

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: May 19, 2020
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President Muhammadu Buhari
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President Muhammadu Buhari has written formally to the Senate for the confirmation of Mr. Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).

He is also requesting the upper chamber to confirm three nominees as full-time commissioners of the Commission.

The president’s request was contained in a letter written to the President of the Senate, Dr Ahmad Lawan, and read at plenary on Tuesday.

The letter read: “Pursuant to Section 3 and 5(1) of the Investment and Securities Act 2007, I write to request for confirmation by the Senate, the appointment of the following four nominees as Director-General and Commissioners of the Securities and Exchange Commission (SEC). Their CVs are attached herewith.

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“Others for confirmation are: Mr. Lamido A. Yuguda, Director General; Reginald C. Karausa, full-time Commissioner; Ibrahim D. Boyi, full-time Commissioner; and Mr. Obi Joseph, full-time Commissioner.”

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Summary, Breakdown of COVID-19 cases in 34 states and FCT of Nigeria for May 18, 2020
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