The Senate has received a request from President Muhammadu Buhari for the confirmation of Mr Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).
ABN TV reports that The President’s request was contained in a letter read by the President of the Senate at plenary on Tuesday.
Also to be screened and confirmed as full-time Commissioners of the Commission are Reginald karausa, Ibrahim Boyi, and Mr Obi Joseph.
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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.”