President Muhammadu Buhari Asks Senate To Confirm New SEC DG, 3 Commissioners

The Nigerian President Muhammadu Buhari has requested the Senate to affirm Mr Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).

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Buhari’s demand was contained in a letter read by the President of the Senate, Ahmad Lawan, during plenary on Tuesday in the upper chamber of the National Assembly in Abuja.

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According to the letter, Buhari  urged the lawmakers to screen and confirm three nominees as full-time commissioners of the Commission.

They are  Reginald Karausa, Ibrahim Boyi, and Mr Obi Joseph.

The letter which 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.”