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Buhari writes Senate, requests confirmation of Yuguda as SEC DG, others

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File: President Muhammadu Buhari

By Henry Umoru

President Muhammadu Buhari has written to the Senate, requesting for the screening and confirmation of Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC DG).

Also to be screened and confirmed are three nominees as full-time Commissioners of the Commission.

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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President Buhari’s request was contained in a letter read by the President of the Senate, Senator Ahmad Lawan during plenary.

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.

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