President Bola Tinubu.
President Tinubu has made 12 new appointments.
Newsone Nigeria reports that President Bola Tinubu has approved the appointment of 12 new members to the Investments and Securities Tribunal (IST).
This follows recommendations from Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, under the provisions of the Investments and Securities Act 2025.
The move, according to officials, is intended to enhance the tribunal’s capacity to resolve investment and securities disputes efficiently, protect investors’ rights, and promote confidence in Nigeria’s financial markets.
Newsone reports that the Investments and Securities Tribunal, established as a specialized body to handle such cases swiftly and fairly, will now benefit from the diverse expertise of the new appointees drawn from law, finance, capital markets, and public service.
Those appointed include Amos Isaac Azi as Chairman, alongside Gboyega Oyekanmi, Felix Onwuneme, Shehu Lawal Mandiya, Robert Uchenna Okwuego, Osaze Ize-Iyamu, Ummahani Ahmad Amin, Ali Sadiq Mohammed, Olatunde M. Amolegbe, Udegbulam Athanatius Chukwuemeka, Orya Ungwaga Roberts, and Kamarudee Oladosu.
The tribunal was inaugurated on Tuesday.
Meanwhile, government officials stressed that the IST plays a crucial role in ensuring fairness, transparency, and trust in the country’s capital markets, thereby encouraging both local and foreign investment.