✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

Senate confirms Yuguda as SEC Director-General

The Senate, on Wednesday, confirmed the nomination of Mr Lamido Yuguda as the Director-General of the Securities and Exchange Commission (SEC). Yuguda’s nomination was approved…

The Senate, on Wednesday, confirmed the nomination of Mr Lamido Yuguda as the Director-General of the Securities and Exchange Commission (SEC).

Yuguda’s nomination was approved along with Reginald Karawusa (Imo), Ibrahim Boyi (Katsina) and Obisan Joseph (Lagos) as full-time commissioners.

Their appointment was confirmed after the Senate considered the report of the Committee on Capital Market, chaired by Senator Ibikunle Amosun.

Amosun, in his presentation, said the nominees were experienced and suitable for the job and recommended their confirmation.

Also confirmed were the appointments of six nominees as members of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC).

They are: Salamatu Mohammed Bala (Adamawa), Alfred Egba (Bayelsa), Adamu Shettima Yuguda (Borno), Oladele Semiu Gboyega (Osun) Bello Abubakar Wamakko (Sokoto) and Ahmed Yusuf (Taraba)

The Red Chamber, however, stood down the conformation of Barr. Emmanuel Nwosu (Imo).

This followed the consideration of the report of the Senate Committee on National Planning and Economic Matters.

Chairman of the Committee, Senator Olubunmi Adetunmbi (Ekiti North), in his presentation, said the panel suspended the screening of Barr. Nwosu because the security report it received from the Department of State Services (DSS), showed that there were petitions against the nominees which the secret police said it was investigating.

Nwosu’s screening was suspended pending the conclusion of the DSS investigation, Adetunmbi said.

Senate President, Ahmad Lawan, congratulated all the confirmed nominees and urged them to bring their experience to bear in the discharge of their duties.

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.