Senate Receives Buhari’s Request To Confirm New SEC DG, Yuguda, Others

By Musa Sunusi Ahmad

The Senate has received a request from President Muhammadu Buhari for
the confirmation of Mr 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.

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. karausa, full-time Commissioner; Ibrahim D. Boyi,
full-time Commissioner; and Mr. Obi Joseph, full-time Commissioner.

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