President Muhammadu Buhari has asked the Senate to confirm Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).
His request was contained in a letter read out by the Senate President, Ahmad Lawan, at the start of plenary on Tuesday.
The president also sought confirmation of three nominees as full-time Commissioners of the Commission.
They are Reginald C. Karausa, Ibrahim D. Boyi and Obi Joseph.
“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),” the letter read in part.
The nominees will be referred to the appropriate committee for screening on another legislative day.