2019 Amended Act: Legal consultant challenges, AMCON, others to recover over N5trillion debt

In what seemed like an x-ray of the newly amended 2019 AMCON Act, which was recently signed into law by President Muhammadu Buhari, a legal consultant and Senior Partner, Olaniwun Ajayi -LP, Mr Muyiwa Balogun has challenged the Asset Management Corporation of Nigeria (AMCON); Asset Management Partners (AMPs) and the Inter-Agency Presidential Committee set up by the federal government to leverage the 2019 Amended AMCON Act, to recover the over N5trillion outstanding AMCON debt before the corporation’s sunset.   Balogun who made a case in support of the 2019 Amendments…

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Judge tells AMCON to stop its debtors from contesting elections In Nigeria

Photo Caption: L-R: Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru; Justice C.M.A. Olatoregun of the Federal High Court and Dr. Francis Chuka Agbu SAN, Lead partner at Lexavier Partners at the one day seminar for AMCON External Solicitors and Asset Management Partners (AMPs) of AMCON at Eko Hotels, Lagos….at the weekend.  Justice C.M.A. Olatoregun of the Federal High Court at the weekend called on the management of AMCON to adopt a new strategy and partner other sister agencies of the government to stop…

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AMCON MD commends Super Eagles for Semi-finals qualification

Following the impressive performance of Nigeria’s Super Eagles at the ongoing Africa Cup of Nations (AFCON), the managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru, has commended the Super Eagles of Nigeria for qualifying for the Semi-finals.   The Super Eagles who beat arch rivals, South Africa with 2-1 victory in Egypt, qualified for the Semi-finals of the 32nd edition of the tournament where they will now face Algeria in a titanic battle. Algeria beat Ivory Coast on Thursday to set up the epic…

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AMCON, ICPC collaborate to recover N5trillion outstanding debt

Photo Caption  L-R: Executive Director, Asset Management Corporation of Nigeria (AMCON), Dr. Eberechukwu Uneze (left); Managing Director/Chief Executive Officer, AMCON, Mr. Ahmed Lawan Kuru in a handshake with the Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye; Board Chairman, AMCON Dr. Muiz Banire SAN and Executive Director, Operations, AMCON, Mr. Aminu Ismail, when AMCON visited ICPC in Abuja….on Wednesday     The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye on Wednesday in Abuja disclosed plans by the…

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AMCON MD congratulates National Assembly leadership, tasks them on far reaching legislation

Managing director/chief executive officer of Asset Management Corporation of Nigeria (AMCON), Ahmed Lawan Kuru (ALK), has congratulated the principal officers of the 9th national assembly in both the Senate and House of Representatives on their emergence just as he urged them to make far reaching legislative contributions towards the development of Nigeria.   Kuru in a letter to the lawmakers, expressed confidence in the abilities of these newly elected officials to deliver given their pedigrees both as politicians and representatives of the people. He said that they had the qualities…

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AMCON boss calls for more attention on human capital development

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON) Ahmed Lawan Kuru has reiterated the need for the government and institutions at all levels to pay more attention to human capital development, which he described as the key to the paradigm shift the country is clamoring for.   Kuru who was special guest of honour at the 2018 edition of the annual Presidential Dinner for the graduating Senior Executive Course 40 Participants of the National Institute for Policy and Strategic Studies, organized by the Alumni Association of the National…

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