AMCON recovers 61% of EBA purchase price as Senate backs speedy recovery

The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has declared that the Senate of the Federal Republic of Nigeria under the leadership of current Senate President, Ahmed Lawan will join forces with the executive arm of government to wedge serious and sustained war against obligors of Management of Asset Management Corporation of Nigeria (AMCON), whom he described as economic saboteurs who must be made to repay the over N5trillion outstanding debt owed the corporation. In a related development, Ahmed Lawan Kuru, the managing director/CEO,…

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AMCON MD urges FG to convert Arik as National Carrier

Given the strategic and critical role the aviation sector plays in the development of the economy of any nation, managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru has called on the 9th National Assembly to reform the aviation sector, which would help local airline grow and attract many other investors that are denying Nigeria’s huge aviation business opportunity.   Kuru who made the call in Abuja on Monday when he appeared before the Senate Committee on Banking, Insurance and other Financial Institutions led by…

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