Senate receives Buhari’s request to confirm new SEC DG, Yuguda, others

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

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