The recovery chase for the N5trillion debt in the portfolio of the Asset Management Corporation of Nigeria got new vista, as more government agencies enlist to hunt down the bad debtors.
Ahmed, who made the call in Abuja, at the weekend, during the quarterly briefing of the Ministry of Finance, attended by agencies under the supervision of the Ministry, commended AMCON, but said she expects a lot more from the corporation, especially now that President Muhammadu Buhari has signed the amended 2019 AMCON Act into law.
Similarly, the Director-General of the Bureau of Public Procurement , Mamman Ahmadu, declared BPP’s willingness to collaborate with AMCON in the quest to recover the debt. Relatedly, the Chairman of Independent Corrupt Practices and Other Related Offences Commission , who also chairs the Inter-Agency Presidential Committee set up by the Vice President to recover AMCON debt, Prof. Bolaji Owasanoye, joined his voice in rallying sister agencies of government to ensure that they tighten the noose on AMCON obligors, which he said will pressure them to repay the debt before sunset.
Its time to take that step preventing fresh debt burden
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