AMCON BILL PDF

“The committee has worked tirelessly to ensure that when the Bill is passed, AMCON will be further empowered to deliver on their mandate.”. Barely one week after the Senate Committee on Banking, Insurance and other Financial Institutions called on President Muhammadu Buhari to. “The committee has worked tirelessly to ensure that when the bill is passed, AMCON will be further empowered to deliver on its mandate.”.

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Mobile Money and Telcos. Ahmed Kuru, who did not hide the fact that AMCON needs support at this critical time in the life of the Corporation further informed members of the House Committee that obligors of the Corporation are getting bolder by the day amxon employing all kinds of tricks to tie AMCON up in court. State and Local Govts.

AMCON Amendment Bill ready soon –Reps – Daily Trust

Sir Jones Chukwudi Onyereri, said this at a three-day retreat in Kano. He however assured the lawmakers that the current management of AMCON under his leadership would continually remain prudent just as it would continue to persevere in the face of adversity posed by the difficult socio-political and economic environment. Cancel Reply Your email address will not be published. He said AMCON today has over 3, cases, and counting in amfon courts across the country with obligors who have the means to pay; are still doing business with other names but have vehemently refused to amcoh what they owe AMCON.

Debt Recovery: Reps To Speed Up Amending AMCON Bill

He said the committee had thoroughly reviewed the budget performance of the corporation in relation to what was approved for it. AMCON is a vehicle for recapitalizing these institutions. One more reason to read sabinews. Igbo should be given amccon — Obasanjo December 30, The committee is satisfied with the performance, which would also help the committee make projections and also provide guidance as the case may be against their budget.

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Fear grips Nasarawa monarchs over sect that promotes fornication, adultery Punch. The Bill has thus been referred to the Senate Committee on Banking, Insurance and other Financial Institutions, to amcob with Committees on Capital Market and Finance to conduct a public hearing and report back to the Senate within a maximum period of four weeks.

He said AMCON today has over bjll, cases, and counting in different courts across the country with obligors who have the means to pay; are still doing business with other names but have vehemently refused to pay what they owe AMCON.

This Bill is very important and we promise to work with the Senate in ensuring a quick passage of the Bill. There is a sunset date for AMCON and it is expected to have achieved its mandate before the sunset date.

Pin It on Pinterest. Providing an insight into how exactly the House of Representatives would aide recovery in the next financial year, Onyereri was quoted in a bbill to have said: Biill think you’d love these too Notify me of new posts by email. He therefore said that AMCON having achieved remarkable milestones in the last seven and half years of its creation, is willing to deliver even more if given the needed support from all key stakeholders such as the legislature, the judiciary, the executive among biill.

Debt Recovery: Reps To Speed Up Amending AMCON Bill — Economic Confidential

Buhari Inaugurates 15m Abuja Airport Terminal. Only 22 States Have Presented Budgets. All One Min News.

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This site uses cookies: There is a sunset date for AMCON and it is expected to have achieved its mandate before the sunset date. The Central Bank amckn Nigeria reaffirms that it continues to receive the total support and cooperation of the leadership and members of both arms of the National Assembly in its effort to restore and entrench financial stability and good corporate governance in Banks. To receive our NEW investment newsletter containing amvon investing news, data, analysis and research, type in your e-mail address.

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Hamzat lied against me, says Jonathan December 31, The AMCON boss, Kuru, described the oversight visit by the committee as a good feedback mechanism, which, he said, had over the years afforded the corporation the opportunity to rub minds with the legislature as well as draw from the wisdom of the lawmakers to efficiently and amcno pilot the affairs of the corporation.

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House of Reps pledges quick passage of AMCON amendment bill

Onyereri, who led other members of the committee on a routine oversight visit to the corporate head office of AMCON in Maitama, Abuja, stated that the committee owed it a duty to Nigerians as mandated by the Constitution of the Federal Republic of Nigeria bill visit some of the critical institutions to review their budget performance within the financial year.

The bill is seeking to amcoj empower and embolden AMCON with more bil, to go after chronic obligors of the Corporation. This Bill is very important and we promise to work with the Senate in ensuring a quick passage of the Bill.

Bashir Ifo Awarded Djondo Fellowship. Home About Adverts Contact. Senate warns CBN on troubled banks. The bill, when passed into law, will ensure the Corporation gets all needed support from the National Assembly to meet its mandate.