Jonathan sacks PEF, NCMDB Fund boss, appoints replacement

President Goodluck Jonathan continued his last gale of appointment and sack of public office holders on Tuesday with the removal from office of the executive secretaries of Petroleum Equalisation Fund, PEF and the Nigeria Content Management Development Board, NCMDB.

The presidency announced the appointment of Asabe Asmau Ahmed as the new Executive Secretary of PEF.

The new appointee, who is currently the Minister of State for Agriculture and Rural Development, takes over from Sharon Adefunke Kasali who has been Executive Secretary of PEF since 2007.

Capital market operators urge FG to appoint professional as Oteh's replacement

Some capital market operators have urged the Federal Government to appoint a seasoned stock market operator as a replacement to Ms Arunma Oteh, as the Director-General of the Securities and Exchange Commission (SEC).

According to them, the appointment of an experienced capital market operator would facilitate sustained wooing of local investors into the market.