Workers at the Securities and Exchange Commission (SEC) on Monday morning shut down the office premises over attempts to reinstate suspended DG, Mounir Gwarzo.

BusinessDay gathered that the Association of Senior Civil Servants of Nigeria, SEC Branch, locked up offices of the Headquarters of the Commission.

The Union is protesting attempts to reinstate the suspended Director General of SEC, Mounir Gwarzo.

Gwarzo had been indicted for abuse of office and corruption by an Administrative Panel of Inquiry set up by the Federal Ministry of Finance headed by the Permanent Secretary, Dr. Mahmoud Isa-Dutse.

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Gwarzo was also indicted by the House of Representatives Ad-Hoc Committee which investigated his suspension by the former Minister of Finance, Mrs. Kemi Adeosun.

However, an industrial court in Abuja last Thursday dismissed the three issues raised again the embattled DG and ordered his immediate reinstatement.

 

Onyinye Nwachukwu, Abuja

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Onyinye Nwachukwu is the Abuja Bureau Chief of BusinessDay, overseeing coverage across Abuja and Northern Nigeria. With more than two decades of experience in economic and financial journalism, she reports on business, policy, and market trends, linking local developments to the global economy. A fellow of the International Monetary Fund (IMF) and recipient of the P. Vishwanathan Memorial Award for Excellence in Financial Journalism, she is known for her insightful storytelling and interviews with senior policymakers, diplomats, and business leaders. Well traveled and globally minded, Onyinye brings depth and international perspective to her reporting.

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