Senate confirms Umar Yahaya as Co-Chairman, Governing Council of Unclaimed Funds Trust Fund

The Senate, on Wednesday, confirmed Umar Yahaya as Co-Chairman of the Governing Council of Unclaimed Funds Trust Fund.

Yahaya’s confirmation was sequel to the consideration of a report by the Committee on Banking, Insurance and Other Financial Institutions.

Chairman of the Committee, Senator Uba Sani (APC – Kaduna Central), in his presentation, said Mr. Yahaya’s appointment was in accordance with the provisions of Section 77(5) of the Finance Act, 2020.

According to the lawmaker, “the nominee possesses the academic qualifications, technical knowledge and professional experience to be appointed Co-Chairman of the Governing Council of Unclaimed Funds Trust Fund.”

He disclosed that the panel did not receive any petition against Yahaya’s nomination, adding that he was cleared by the Nigeria Police Force, Department of State Services (DSS) and possesses the Code of Conduct Acknowledgement slip.