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Buhari sent letter to Senate to confirm Yuguda as SEC DG

by Alice Babalola

President Muhammadu Buhari has written the Senate to confirm Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).

This was contianed in a statement read by Ezrel Tabiowo, Special Assistant on Press to Senate President, Ahmed Lawan, on Tuesday 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.

Included with the request is the screening of three other nominees who are to be confirmed as commissioners in SEC.

They are Reginald Karawusa, full-time Commissioner; Ibrahim Boyi, full-time Commissioner; and Obisan Joseph, full-time Commissioner.

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