Nigerian govt to stop patronizing individuals, firms owing AMCON - Osinbajo - Premium Times Nigeria

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Nigerian govt to stop patronizing individuals, firms owing AMCON – Osinbajo

The Nigerian government will stop ‘patronising’ all individuals and companies that owe the Asset Management Corporation of Nigeria , Vice President Yemi Osinbajo has said in Abuja.

Mr Osinbajo, who is the Chairman of the Economic Council, accused the affected debtors of “holding the entire nation to ransom with their bad behaviour.” “I think the time has come for the government to set some examples with some of these top debtors of AMCON, to serve as a deterrent to others,” he added

As at end of December 2018, he said AMCON’s Assets Under Management stood at about N172.5 billion, with total real estate properties, assets available for sale valued at N62 billion.

 

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