President Muhammadu Buhari has written formally to the Senate for the confirmation of Mr. Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).
He is also requesting the upper chamber to confirm three nominees as full-time commissioners of the Commission.
The president’s request was contained in a letter written to the President of the Senate, Dr Ahmad Lawan, and read at plenary on Tuesday.
The letter read: “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.”
