Wednesday 13 May 2015

Senate unanimously confirms Gwarzo as DG SEC




The upper legislative chamber of the Nigerian National Assembly (NASS), the Senate has unanimously confirmed the nomination of Mallam Mounir Haliru Gwarzo as the Director General of the Securities and Exchange Commission (SEC) at plenary on Wednesday May 13, 2015.

The confirmation, by unanimous decision, followed consideration of  the screening report of the Senate Committee on Capital Market headed by Senator Ayo Adeseun which affirmed Gwarzo as the best candidate for the position. The Committee had earlier screened Gwarzo and expressed its satisfaction with his nomination and therefore called on the whole house to confirm his nomination by President Goodluck Ebele Jonathan.

Thereafter, some members of senate including the three senators from Kano State (Gwarzo’s state of origin), Senators Bello Dalhatu Gwarzo, Kabiru Gaya and Bashir Garba Lado also spoke in favour of confirmation of the new DG of SEC.

Senate Leader Senator Victor Ndoma-Egba and a former Chairman of the Senate Committee on Capital Market, Senator Ganiyu Solomon from Lagos also openly supported his nomination before the Senate President, Senator David Mark put the motion for his confirmation before his colleagues. The motion was then unanimously supported without a single opposition. In his comment senator David Mark described Gwarzo as ‘’a round peg in a round hole’’ and expressed the hope that he would bring his experience to bear on the job.

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