In a significant development, Dr. Emomotimi Agama has been officially confirmed as the Director-General of the Securities and Exchange Commission (SEC) by the Nigerian Senate.
This confirmation comes alongside the approval of other key appointments within the commission, including Frana Chukwuogor as Executive Commissioner (Legal and Enforcement), Bola Ajomale as Executive Commissioner (Operations), and Samiya Usman as Executive Commissioner (Corporate Services).
The upper legislative chamber’s decision to confirm these appointments was based on the report presented by Senator Osita Izunaso, Chair of the Committee on capital markets.
Senator Izunaso, representing Imo West (Orlu) constituency of Imo State, assured the Senate that the nominees met all the necessary requirements and passed rigorous security checks.
Their qualifications and responses during the screening process were deemed commendable.
Following Senator Izunaso’s presentation, the Senate conducted a vote, which resulted in the official confirmation of the nominees.
Deputy Senate President Barau Jibrin, who presided over the session, urged the appointees to perform their duties diligently for the betterment of the nation.
He emphasized the importance of their work in turning around the Nigerian economy and urged them not to disappoint President Bola Tinubu and the nation as a whole.
Their focus should be on utilizing the institution to promote the overall well-being and prosperity of the country.
President Bola Tinubu, on April 19 of this year, appointed Dr. Emomotimi Agama as the Director-General of SEC, succeeding Lamido Yuguda.
This appointment has been widely praised by stakeholders in the capital market, who recognize Dr. Agama as a capable technocrat who will play a vital role in realizing the Tinubu administration’s vision of a robust $1 trillion economy.
In a recent statement, Dr. Agama expressed his commitment to accelerating the development of the capital market in a manner that fosters wealth creation, attracts investments, and generates employment opportunities for Nigerians.
He highlighted that his team has been entrusted by President Tinubu to transform the narrative of the capital market and position it on a trajectory of sustained economic growth.
With this new leadership at the helm, the Securities and Exchange Commission aims to drive economic growth, enhance investor confidence, and pave the way for a prosperous future for Nigeria.
