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Buhari asks Senate to confirm Lamido Yuguda as SEC DG

Published by on May 19th, 2020.


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

Ezrel Tabiowo , Special Assistant on Press to Senate President , Ahmed Lawan , announced this in a statement on Tuesday.

Tabiowo also said three other nominees were put forward by the President for confirmation as commissioners in SEC.

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

According to him , the President ’ s letter read in part, “ 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 . ”

He said his principal read the letter during plenary on Tuesday.

The Commission is presently headed by Mary Uduk in an acting capacity.

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