Buhari Wants Senate to Confirm Yuguda as SEC DG
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 .
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 in part: “Pursuant to Section 3 and 5 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 . 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.”
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