We’ll Ensure AMCON Recovers N4.4trn Debt – Senate

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 77%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The senate has fingered prominent Nigerians behind the inability of the Assets Management Corporation of Nigeria (AMCON) to recover about N4.3 trillion

The chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Uba Sani, who stated this, said some influential Nigerians were frustrating the efforts of AMCON to recover the N4.4 trillion owed the corporation.

“AMCON has been at the receiving end of well laid and orchestrated acts of economic sabotage,” Sani said, adding, “From the N4.4 trillion we are trying to recover, about 350 people in this country are responsible. This is about 83 per cent of the debt.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

350 Nigerians frustrating AMCON's N4.4tn debt recovery efforts —Senate - Punch NewspapersThe most widely read newspaper in Nigeria Lol
Source: MobilePunch - 🏆 8. / 63 Read more »

FCTA Shares N4.476bn To Area Councils, StakeholdersFederal Capital Territory Administration (FCTA) has disbursed a total sum of N4,476,067,191.05billion to the six area councils in the FCT and other
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Senate: 350 Debtors Frustrating AMCON’s Efforts to Recover N4.4tn• Kuru: Slow court processes, conflicting orders hindering recovery Our Correspondents The Senate yesterday lamented that efforts to recover the N4.4 trillion owed the Asset Management Corporation … They are amongst you in the senate there , thieves
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

350 people owing banks N4.4trn, says SenateThe Senate on Friday lamented that the efforts to recover the N4.5trn owed the Asset Management Corporation of Nigeria were being frustrated by 350 prominent Nigerians. That’s outrageous. Who are these 350 people? OgodoLouis Imagine mama chinedu embarrassing me bcos of 4k 😭
Source: MobilePunch - 🏆 8. / 63 Read more »

Senate: 350 Debtors Frustrating AMCON’s Efforts to Recover N4.4tn• Kuru: Slow court processes, conflicting orders hindering recovery Our Correspondents The Senate yesterday lamented that efforts to recover the N4.4 trillion owed the Asset Management Corporation … They are amongst you in the senate there , thieves
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

350 Nigerians frustrating AMCON's N4.4tn debt recovery efforts —Senate - Punch NewspapersThe most widely read newspaper in Nigeria Lol
Source: MobilePunch - 🏆 8. / 63 Read more »