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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.”