Tinubu seeks senate confirmation for SEC DG, three board members

President Bola Tinubu has requested senate screening and confirmation of four Securities and Exchange Commission (SEC) board members.

This request was communicated in a letter read by Godswill Akpabio, senate president, during the plenary on Wednesday.

The appointees for the SEC board are Emomotimi Agama, Frana Chukwuogor, Bola Ajomale, and Samiya Hassan-Usman.

While Agama was appointed as director-general, Chukwuogor was named the executive commissioner for legal and enforcement.

Ajomale was appointed as executive commissioner for operations and Hassan-Usman was named the executive commissioner for corporate services.

In the letter, Tinubu said the appointments comply with section (1) of the Investment and Security Act of 2007.

After the letter was read, the senate president referred the request to the senate committee on capital markets, asking for a report within two weeks.

On April 19, Tinubu appointed seven SEC members.

However, only four names were submitted for confirmation, with no explanation provided for the omission of the other three appointees.