Retail
  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy
No Result
View All Result
Premium Politics
No Result
View All Result
Home National Assembly

Senate to support AMCON’s debt recovery drive

by Agency Report
July 6, 2022
in National Assembly
Reading Time: 1 min read
Senate to support AMCON’s debt recovery drive

AMCON

0
VIEWS
Share on FacebookShare on Twitter

The National Assembly has vowed to support the debt recovery efforts of Asset Management Corporation of Nigeria.

This was disclosed by the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, while speaking at a one-day retreat held recently in Niger State.

YOU MAY ALSO LIKE

Arewa youths urge Tinubu to compensate North-West with senate presidency

NASS should be independent, allowed to decide leadership — Buhari

According to The PUNCH, the retreat was themed: “Asset Recovery as a Tool for Enhanced Growth and Stability of the Banking Sector Sustaining the Impact and Bridging the Challenges of AMCON.”

While appealing to sister agencies of the Federal Government and all stakeholders to support the recovery drive of AMCON, Sani said the support had become critical because AMCON remains a strategic national institution that plays an important and pivotal role in stabilising the economy.

AMCON is expected to recover nearly N5tn owed the country by debtors who for years have hidden under all manner of technicalities to tie AMCON up in different courts to stall repayment.

Sani who was represented by Senator Olubunmi Adetumbi however commended the management of AMCON for remaining resolute. He also appreciated the contribution of the Inter-Agency Committee set up by the Federal Government sometime in 2019 to ensure that debtors are held accountable.

The work of the committee has brought many obligors to the negotiation table. The Inter-agency Committee is chaired by the Chairman of Independent Corrupt Practices and Other Related Offences Commission. Prof Bolaji Owasanoye.

Tags: AMCONSenate
ShareTweetSend
ADVERTISEMENT
Previous Post

Kwankwaso: I prefer younger running mate, says Peter Obi

Next Post

How FG can end IPOB agitation – Peter Obi

Related Posts

Arewa Youths Assembly
National Assembly

Arewa youths urge Tinubu to compensate North-West with senate presidency

May 26, 2023
President Muhammadu Buhari
National Assembly

NASS should be independent, allowed to decide leadership — Buhari

May 26, 2023
S’Court affirms Akpabio authentic APC Abia NorthWest senatorial candidate
National Assembly

NASS leadership: Women groups threaten naked protest if Tinubu backs Akpabio

May 22, 2023
All Progressive Congress
National Assembly

10th NASS: APC N/West support Akpabio, Barau endorsement

May 7, 2023
S’Court affirms Akpabio authentic APC Abia NorthWest senatorial candidate
National Assembly

Umahi drops senate presidency bid, declares support for Akpabio

May 6, 2023
Reps to reintroduce diaspora voting bill
National Assembly

10th NASS: Kaduna reps member tipped favourite for speakership — Survey

May 1, 2023
Next Post
Fuel subsidy organized crime - Peter Obi

How FG can end IPOB agitation - Peter Obi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Asiwaju Bola Tinubu

I’ll treat Atiku, Obi as important compatriots – Tinubu 

by Kazeem Owoseni
May 29, 2023

PHOTOS: Buhari, Aisha arrive Daura

PHOTOS: Buhari, Aisha arrive Daura

by Marcus Amudipe
May 29, 2023

Buhari to attend agriculture conference in Senegal Tuesday

VIDEO: Buhari’s helicopter arrives his hometown, Daura

by Alade Abayomi Adeleke
May 29, 2023

Kano gov to probe N214bn debt inherited from Ganduje

Kano gov to probe N214bn debt inherited from Ganduje

by Marcus Amudipe
May 29, 2023

Premium Politics

© 2023 Premium Politics

Navigate Site

  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy

© 2023 Premium Politics

Go to mobile version