The ongoing battle between the Director General of the Securities and Exchange Commission, SEC, Arunma Oteh, and the House of Representatives is already taking its toll on the staff of the Commission, who are being made to bear the brunt of the ‘ego’ clash.

The National Assembly last year refused to treat the 2013 budget of the Commission insisting it will not have anything to do with SEC until its boss is removed.

During the appearance of representatives of government ministries, departments and agencies, before the National Assembly to defend their budget allocations for the year, members of the House of Representatives refused to receive the three-man delegation from SEC, sent to represent Ms. Oteh, to defend the budget.

The lawmakers, who accused Ms. Oteh of not satisfying the legal requirements before her appointment, said they would not have anything to do with the Commission’s budget appropriation until their demand for the director general’s sack is carried out by President Goodluck Jonathan.

The Senate later adopted the resolution of the Reps by including a zero allocation to SEC in the final approved 2013 budget appropriation transmitted to the President shortly before the last yuletide for assent.

This position by the National Assembly is now a concern for many staff of the organisation, who are now bearing the brunt of the battle.

We are suffering

Officials of the commission told PREMIUM TIMES that their various allowances have been withheld since the beginning of the year making it difficult for them to pay their bills...Read more: http:///Un5KSo