Buhari seeks Senate’s confirmation for new SEC DG, commissioners

President Muhammadu Buhari on Tuesday asked the Senate to screen and confirm a new Director General and full time commissioners for the Security and Exchange Commission (SEC).

The request from the President was contained in a letter read by the Senate President, Ahmad Lawan at plenary on Tuesday.

Those for screening and confirmation are Lamido Yuguda as the new Director-General, while Reginald C. Karausa, Ibrahim D. Boyi, and Mr. Obi Joseph Joseph for confirmation as full-time Commissioners.

Read also: COVID-19 LOCKDOWN: Kano gives 4 hour window on Sundays, Wednesdays, Fridays

The letter reads in part: “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.”

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now