Lawan gave the indication on Wednesday in his remarks after the senate confirmed Lamido Yuguda, a former director at the Central Bank of Nigeria (CBN), as the director-general (DG) of the Securities and Exchange Commission (SEC). Speaking further the Senate President said, “The Security and Exchange Commission must be efficient and effective in ensuring that we are able to attract and sustain not only domestic investment but a foreign direct investment. The nominees were confirmed after the Senate considered the report of the Committee on Capital Market. Chairman of the Committee, Senator Olubunmi Adetumbi (APC – Ekiti North), in his presentation on the screening of the nominees, said the Committee recommended that the nomination of Barr. The nominees confirmed by the Senate are Salamatu Mohammed Bala (Adamawa); Hon.

Source: The Guardian June 10, 2020 13:41 UTC