Friday, July 24, 2020

Buhari Appoints DG For Industrial Training Fund (ITF)




President Muhammadu Buhari

Nigeria's President Muhamamdu Buhari has reappointed Joseph Ari as the director-general of the Industrial Training Fund (ITF) on another four-year term.

The approval for the reappointment was given by the president in a letter to the Ministry of Trade and Investment on Thursday, July 16, 2020.

Ari was appointed as the ITF DG in 2016 and his reappointment will take effect on September 26, 2020.

Also, President Buhari has written to the Senate to approve the appointment of Lamido Yuguda as the new director-general of the Securities and Exchange Commission (SEC).

Ahmed Lawan, Senate president, made the disclosure while reading the letter seeking the approval of Yuguda's appointment during a plenary on Tuesday, May 18.

President Buhari also sought confirmation of three nominees, Reginald C. Karausa, Ibrahim D. Boyi and Obi Joseph as full-time commissioners of the commission.


“Pursuant to Section 3 and 5(1) of the Investment and Securities Act 2007, I write to request for confirmation by the Senate, the appointment of the following four nominees as Director-General and Commissioners of the Securities and Exchange Commission (SEC),” the letter read in part.

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