Udoma Udo Udoma

Posted by on 05/21/2016 06:20:14 PM
Post Comment Udoma Udo Udoma Nigeria

Udoma Udo Udoma was elected Senator for the Akwa-Ibom South constituency of Akwa-Ibom State, Nigeria at the start of the Nigerian Fourth Republic, running on the People's Democratic Party (PDP) platform. He took office on 29 May 1999. He was reelected in April 2003, again running on the PDP platform.After taking his seat in the Senate in June 1999, he was appointed to committees on Public Accounts, Judiciary, Banking & Currency, Science & technology, Privatization and Drug & Narcotics (vice chairman).

In February 2010, as chairman of the Governing Board of the Securities and Exchange Commission, Udoma was criticized for retaining the posts of Chairman of UACN, Director of Unilever and Vice Chairman of the Board of Linkage Assurance, publicly traded companies. Udoma declared his interest in these companies before being appointed, and as required by the law excused himself from meetings where issues directly related to these companies were being discussed, but there remained concern that in his position he might exercise undue influence or become involved in a conflict of interests.

On the 11th of November 2015, Udoma was appointed the Minister of Budget and Planning by President Muhammadu Buhari.

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