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The Nigerian Senate has confirmed receipt of President Muhammadu Buhari’s request for the confirmation of Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).
Also to be screened and confirmed are three nominees as full-time Commissioners of the Commission.
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The President’s request was contained in a letter read by the Senate President, Senator Ahmad Lawan, during plenary on Tuesday.
The letter reads: “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.
Others for confirmation are Mr Lamido A. Yuguda, Director General; Reginald C. karawusa, full-time Commissioner; Ibrahim D. Boyi, full-time Commissioner; and Mr Obisan Joseph, full-time Commissioner.
