Buhari seeks Senate confirmation for SEC's new DG, commissioners

President Muhammadu Buhari on Tuesday, he asked the Senate to select and confirm a new director general and full-time commissioners from the Security and Exchange Commission (SEC).

The president's request was contained in a letter read by Senate President Ahmad Lawan, on Tuesday's plenary.

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Those for screening and confirmation are Lamido Yuguda as the new Director General, while Reginald C. Karausa, Ibrahim D. Boyi and Obi Joseph Joseph for confirmation as full-time Commissioners.

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The letter says in part: “In accordance with Section 3 and 5 (1) of the 2007 Investment and Securities Act, I am writing to request confirmation by the Senate, the appointment of the following four nominees as Director General and Commissioners of the Mobile values. Exchange Commission (SEC). Their resumes are attached.

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