Tinubu Makes 12 New Appointments

NEWS UPDATE

President Bola Tinubu has approved the appointment of twelve persons into the Investments and Securities Tribunal (IST).

The decision came after recommendations from the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, under the provisions of the Investments and Securities Act 2025.

The appointments are aimed at strengthening the tribunal’s role in resolving disputes related to investments and securities.

The IST was set up as a specialized body to handle such cases quickly and fairly, ensuring that investors’ rights are protected.

The new members are expected to bring expertise from law, finance, capital markets, and public service to improve the tribunal’s efficiency.

The list of new appointees includes 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.

Officials explained that the IST plays an important role in maintaining fairness, transparency, and trust in Nigeria’s financial markets, which in turn encourages investors’ confidence.