Tinubu Approves New Appointments for Investments, Securities Tribunal
By: Israel Adeleke
OPEN TELEVISION NAIJA (OTN) News reports that the President of the federal republic of Nigeria, Bola Ahmed Tinubu, has approved the renewal of the appointment of the Chairman and the appointment of 11 new members of the Investments and Securities Tribunal (IST), a move aimed at strengthening Nigeria’s capital market adjudication system.
OTN News further reports that the approval follows recommendations from the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, in line with the provisions of the Investments and Securities Act 2025.
In a statement issued on Sunday, the IST’s Acting Head of Corporate Affairs, Maria Anodere, described the development as “a major boost to the capital market adjudication system.” She said the appointments mark a significant step in reinforcing the tribunal’s role in resolving disputes and enforcing rights within Nigeria’s financial markets.
“The appointment marks a significant step towards strengthening the adjudicatory framework of the Nigerian capital market, as the new members bring their rich experience in the capital market, law, finance, and public service to enhance the efficiency of the tribunal in justice delivery and in promoting investors’ confidence,” Anodere stated.
The appointees are:
Amos Isaac Azi Esq. (Chairman)
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
Kamarudee Oladosu
The newly reconstituted tribunal is expected to be formally inaugurated on Tuesday.
Anodere emphasized that the IST, established as a specialized adjudicatory body, is vital for ensuring fairness, transparency, and integrity in Nigeria’s capital market. “It is a very critical capital market infrastructure which serves to ensure fairness, transparency, and integrity in our financial market, thereby promoting investors’ confidence,” she said.
OTN News, however, observes that with the new appointments, the tribunal is expected to accelerate justice delivery in securities-related disputes, providing greater confidence for both domestic and international investors.
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