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Tinubu Seeks Senate Nod for SEC Nominees’ Confirmation

President Bola Tinubu yesterday asked the Senate to screen for confirmation, four persons recently appointed as members of the Board of the Securities and Exchange Commission (SEC).

The President’s request was contained in a letter read by the Senate President, Godswill Akpabio at plenary.

The nominees were: Emomotimi Agama, Frana Chukwuogor, Bola Ajomale and Samiya Hassan-Usman.

Agama was nominated as Director-General while Chukwuogor would serve as Executive Commissioner (Legal and Enforcement), SEC. Ajomale, on the other hand, nominated as Executive Commissioner (Operations) while Hassan-Usman was appointed as Executive Commissioner (Corporate Services).

Tinubu, had on April this year, approved the appointment of seven persons as members of the SEC pending their confirmations by the Senate. Only four names were however, transmitted to the Senate for confirmation and the President did not give reasons for not including names of the other three professionals.

In the letter, the President explained that the appointment was in compliance with the provisions of section 3 and 5 (1) of the Investment and Security Act of 2007. Part of the letter titled, “Confirmation of appointment of the Director-General and Commissioners of the Securities and Exchange Commission,” read: “In accordance with the provision of sections 3 and 5 (1) of the investment and security Act of 2007.

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