Appointment of Investment, Securities Tribunal chair followed due process – CSO

The Centre for Social Justice, Equity and Transparency has insisted that owed process was followed successful the assignment of Barrister Aminu Junaidu arsenic Chairman of the Investment and Securities Tribunal, IST.

The Centre stressed that the process was backed by the law authorization of President Bola Tinubu.

Addressing a property league connected Friday successful Abuja, the Centre’s Executive Director, Pastor David D. Yakubu, dismissed claims that the assignment violated the Investment and Securities Act 2025 arsenic unfounded and lacking evidence.

Junaidu assumed bureau connected October 26, 2025, pursuing his assignment by President Tinubu.

The Centre noted that reforms introduced by the bureau since the assignment is being emulated by contemporaries successful different countries.

It pointed retired that connected March 13, 2026, the Ethiopian Ambassador to Nigeria visited the IST to survey its processes. Also, a delegation from Ethiopia’s superior marketplace institutions called astatine the IST connected March 27, 2026.

“Such engagements are not routine. They bespeak a level of assurance successful the Tribunal’s absorption and awesome that its reforms are gaining designation beyond Nigeria’s borders,” Yakubu added.

Speaking connected the ineligible contention surrounding Junaidu’s appointment, the Centre maintained that it was decently approved by President Tinubu wrong his law powers.

It dismissed claims that the Secretary t...