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NGXIND347.33 0.48%
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NGX304,550.65 0.61%
NGXBANK684.26 0.86%
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Financial EDGE

AMCON to Clamp Down on Debtors: House of Reps Removes Social Status Exemptions - FinancialEDGE

By adminResearch Signal
AMCON to Clamp Down on Debtors: House of Reps Removes Social Status Exemptions - FinancialEDGE
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The Chairman, House of Representatives Committee on Banking & Ancillary Institutions, Honourable Eze Nwachukwu Eze; at the weekend in Enugu renewed the campaign for all agencies of the Federal Government to join the debt recovery drive of the Asset Management Corporation of Nigeria (AMCON). Eze said the recovery of such humongous amount of nearly N5trillion owed AMCON by a few obligors will increase the revenue of President Bola Ahmed Tinubu’s government, and enable the government to deliver the renewed hope Mr President promised Nigerians.