FG To Inaugurate SEC Nigeria Board With Olufemi Lijadu As Chairman


 Monday, June 24, 2019   /  06.00AM  /  Ottoabasi Abasiekong for Proshare WebTV / Header Image Credit: Pulse.ng


The Federal Government will today inaugurate the board of the Securities and Exchange Commission of Nigeria in Abuja, the Federal Capital Territory. 

This is a welcome development to the Nigerian capital market, as the last time a board was constituted was in 2015. 

SEC is the apex regulator of the financial and capital market in Nigeria. 

The new board has as Chairman Mr Olufemi Lijadu a commercial lawyer with over 30 years experience. 

Mr Lijadu worked with the Udoma and Osagie Chambers (1992-1994), was appointed Executive Director at United Bank for Africa (1997-2002), served in the Presidential Committee on the Recovery of Government Assets (2015-2017). 

He was a consultant at Femi Lijadu & Company, and also C0-Founded a thriving business law firm Ukiri & Lijadu Law Firm. 

Lijadu has vast experience in Energy Law, Banking and Finance Law, Foreign Investment Law and Commercial Law. 

Mr Lijadu attended University of Durham, St Chads College (1977-1980) where he bagged his B.A Hons in Law, and furthered his studies at the University College London, UCL (1982-1983) where he bagged his LLM in Law. 

The SEC Board Chairman also has an M.SC in Business Management from the London Business School (2002-2003). 

He has various  publications to his name, some of which include;

  • Embracing the Globalisation of Legal Services
  • Local Content Development in Nigeria's Upstream Petroleum Industry: The Challenges & Opportunities
  • The Globalisation of Legal Services: Who's afraid of the Big Bad Wolf?


Other members of the SEC Board include;

  • Ms Mary Uduk – Acting Director-General, SEC Nigeria
  • Dr Alvan Ikoku-  Representing Central Bank of Nigeria
  • Mr Lamido Yuguda- Non-Executive Commissioner
  • Mrs Rekiya Ladi – Non-Executive Commissioner
  • Mr Okokon Ekanem – Representing Federal Ministry of Finance
  • Mr  Henry Rowland-Ag Executive Commissioner, Corporate Services
  • Mr Isyaku Tilde- Ag Executive Commissioner, Operations
  • Mr Reginald Karawusa –Ag Executive Commissioner , Legal and Enforcement

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