Senate confirms Lamido Yuguda as SEC DG

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Senate confirms Lamido Yuguda as SEC DG
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The Senate on Wednesday confirmed Mr. Lamido Yuguda as the Director-General of the Securities and Exchange Commission.Reginald C. Karausa, Ibrahim D.

Boyi, and Obi Joseph were also confirmed as full-time commissioners of the Commission.

Ezrel Tabiowo, Special Assistant on Press to Senate President, Ahmed Lawan, announced in a statement that the nominees were confirmed after the Senate considered the report of the Committee on Capital Market. The Committee which is chaired by Senator Ibikunle Amosun , recommended that “the Senate confirms the four nominees as appointed by Mr President, the Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria to the Board of the Securities and Exchange Commission”.

“People should bring their monies and feel safe with their investments here. This is essential to create a very enabling climate for investors to be attracted and retained here in the country.”

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