At a press briefing to explain the recent take over of two Kwara properties by Assets Management Corporation of Nigeria (AMCON) owing to about N1.7bn debts of the Farm, the government said more than a cumulative sum of N5bn of public funds and loans secured with the government as guarantor have been sunk into the agricultural project with no traces of any dividends to the people of the state.
Browsing: Assets Management Corporation of Nigeria
AMCON had on November 4, 2020 obtained an ex-parte order against Nicon Investment Limited, Global Fleet Oil & Gas Limited and Ibrahim
This was contained in a letter presented to the House of Representatives Ad-Hoc Committee on Assessment and Status of All Recovered Loots at an investigative hearing on Tuesday in Abuja.
The position of AMCON was stated by its spokesman, Jude Nwauzor, in an interview with LEADERSHIP newspaper.
“I feel for the innocent students affected by this development,” Obi said.
A Senior Advocate of Nigeria, Babajide Koku, told Justice Ayokunle Faji that the building, located at 27, Femi Okunnu Road (Old Cooper Road), Ikoyi, a national historical monument, was pulled down by an AMCON assignee despite pending litigation over its ownership
The newly appointed AMCON Chairman is the Deputy Governor of the CBN, Edward L. Adamu
The Vice-President, Prof. Yemi Osinbajo, has directed that new approaches be adopted in the recovery of debts owed the Assets Management Corporation of Nigeria.
Senator Solomon Adeola who laid the petition at plenary, said “there is a petition here from my constituents on the nomination of Muiz Banire as AMCON chairman”.
One of the Passengers, Ismail Sani, told PRNigeria in Sokoto that the flight, No 128, after half-way into its journey was still not stable, prompting the pilot to announce that the landing gear could not return after series of noise from the engines
The scheme, an initiative of the Federal Ministry of Finance that provides a time-limited window for taxpayers with undisclosed income and assets to regularize their tax status, according to Tunde Fowler, the Chairman of the Federal Inland Revenue Service, had earned the Federal Government N17 billion by early December 2017
According to findings by LEADERSHIP, the above financial institutions in six years under consideration have reported an estimated N2.6 trillion profit before tax as a result of Assets Management Corporation of Nigeria acquisition of their non-performing loans and prudent management of customers’ deposit
The lender announced the names of the appointees in a statement
AMCON had on February 8 announced that it had taken over Arik Air to save it from collapse and in the best interest of the general public, workers, creditors and others in the aviation sector
AMCON made the claim in a statement signed by its spokesman, Jude Nwauzor, on Sunday in Lagos
Karu made this known at a meeting with the Senate Committee on Banking, Insurance and other Financial Institutions on Wednesday in Abuja
The asset company made the disclosure in a statement signed by its Spokesman, Jude Nwauzor, in Lagos
Jude Nwauzor, the AMCON spokesperson, confirmed the development to newsmen in Lagos
Ahmed Kuru, the Managing Director of AMCON, made the assertion at a media parley in Lagos
Justice Saliu Saidu made the order following an application to that effect by AMCON’s lawyer, Yusuf Ali (SAN)