Tuesday, 19 Aug 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • National
  • Sports
  • Crime
  • Entertainment
  • Business
  • Breaking News
  • Gist
  • Health
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » Akwa-Ibom senators withdraw petition challenging Buhari’s nomination of Yuguda as SEC DG
National

Akwa-Ibom senators withdraw petition challenging Buhari’s nomination of Yuguda as SEC DG

Last updated: February 11, 2021 2:50 pm
Track News
Share
SHARE

The three Senators representing Akwa-Ibom State have withdrawn a petition challenging President Muhammadu Buhari’s nomination of Mr. Lamido A. Yuguda as Director-General of the Securities and Exchange Commission (SEC).

The Senators are Bassey Akpan (PDP – Akwa-Ibom North-East); Christopher Ekpenyong (PDP – Akwa-Ibom North West); and Akon Eyakenyi (PDP – Akwa-Ibom South).

The lawmakers challenged Yuguda’s nomination on grounds that the President refused to nominate Mary Uduk from Akwa-Ibom State, who was already serving as Acting Director-General at the Commission.

According to a report of the Senate Committee on Ethics, Privileges and Public Petitions, the lawmakers had sought the intervention of the Upper Chamber to ensure that the people of Akwa-Ibom State were not further marginalized in matters of Federal Appointments.

In his presentation, Chairman of the Committee, Senator Ayo Akinyelure explained that the three Senators, found it “disheartening that Mary Uduk who was eminently qualified to be appointed DG, SEC, having represented Nigeria at the regional and international bodies such as the West African Capital Market Integration Council (WACMIC) and currently on the board of the International Organization of the Securities Commission (IOSCO), the international standards setter for securities regulation, was neither listed as DH nor as a full-time Commissioner.”

He, however, said following a move by the Committee to investigate the concerns raised by the lawmakers in the petition to the Senate, the Petitioners and Respondents met and resolved the matter.

According to Akinyelure, the resolution between both parties, subsequently led to the withdrawal of the petition by the three lawmakers from Akwa-Ibom State led by Senator Albert Bassey Akpan.

Sam Egwu (PDP – Ebonyi North), in his contribution, called on the Federal Government to consider Akwa-Ibom in future appointments in view of the withdrawal of the petition.

Adamu Bulkachuwa (APC – Bauchi North), on his part said the consideration of the report of the Ethics Committee was not necessary as the petitioners had withdrawn the petition.

The Senate President, Ahmad Lawan, however, observed that there was a procedural issue which made it mandatory for the Committee to submit a report to the Senate despite the decision by the petitioners to withdraw the petition in the first place.

Accordingly, the Senate while adopting a resolution by Senator James Manager (PDP – Delta South), resolved that, “Consequent upon the withdrawal of the petition by the petitioner, the matter is hereby taken and withdrawal approved.”

Meanwhile, the Senate on Thursday stepped down the consideration of two reports of the Committee on Ethics, Privileges and Public Petitions.

Mid-way through consideration of a report on a petition from DSC Ibrahim Maigari against the Nigerian Security and Civil Defence Corps (NSCDC) for alleged threat to his life, conspiracy to eliminate him, assault intimidation, torture and unwarranted long detention, Senators were divided as to whether to adopt the committee’s resolution of upholding the dismissal of the petitioner from service or wait for the final position of the Governing Board of the NSCDC on the matter as prescribed by the civil service rules.

Giving his ruling, the Senate President, Ahmad Lawan, said that the matter be stepped down pending a final determination by the Governing board of the Nigerian Security and Civil Defence Corps (NSCDC) in compliance with laid down procedures of civil service rules.

In another instance, the Upper Chamber stepped down consideration of another report on a petition from Finian Tobias Okoro on behalf of 26 other lectures of the Nigeria Maritime University, Okerenkoko, whose appointments were allegedly terminated by the University without justifiable cause.

Contributing, the Deputy Whip, Senator Aliyu Sabi Abdullahi (APC – Niger North) called for the stepping down of the report to allow the Committee obtain more answers from the Nigerian Universities Commission (NUC), and the Federal Ministry of Education to understand the contents of the terms of engagement.

Senate President Ahmad Lawan while aligning with the lawmaker’s position, ruled that the matter be stepped down pending when the committee is able to have access to the contents of the terms of employment for the dismissed lecturers.

TAGGED:Akwa-Ibom senators withdraw petition challenging Buhari’s nomination of Yuguda as SEC DG
Share This Article
Email Copy Link Print
Previous Article EndSARS: Lagos govt vows to stop planned #OccupyLekkiToll gate protest by rival groups
Next Article Why FG won’t allow another #ENDSARS mayhem — Information Minister
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

Looted funds: Drama as Committee Chairman shields AGF from answering questions on outsourcing of legal services

By
Track News

Osinbajo, NEMA DG To Face Probe Over IDPs N33Billion

By
Track News

Kuje Prison Attack: They Must Have Had Inside Help, The Seat Of Power Is No Longer Safe – Ahmad Lawan Speaks.

By
Track News
FeaturedNational

I’ll Support Youths To Participate In Politics – President Buhari

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?