Mr. Ahmed Lawan Kuru, managing director of the Assets Management Corporation of Nigeria , does not have an easy job. The entity, which he heads acquired non-performing loans (NPLs) of banks and in pursuit of the corporation's mandate as provided by the.
The other bills considered at the two day public hearing were: a Bill for an Act to Repeal the Peoples Bank of Nigeria Act ; A Bill to Amend the Assets Management Corporation of Nigeria (AMCON) Act of 2010, to Expand the Board of the Corporation so as.
U.S. targets 4m jobs in Nigeria annually - United State of America is set to create four million jobs annually in Nigeria through African Growth and Opportunity Act (AGOA) scheme, Fred Oladehinde a U.S. expert has said. Source Businessday Read.
Specifically, section 10(1) (C) of the Asset Management Corporation of Nigeria Act 2010 provides thus: “The board shall consist of the following members to be appointed by the President subject to confirmation of the Senate: three executive directors who.
He belongs to several regulatory bodies such as the Nigerian Institute of Public Relations, Advertising Practitioners Council of Nigeria , Nigerian Institute of Management , Certified Marketing Communications Institute of Nigeria , National Institute of.
But a lawyer, Chief Ajibola Aribisala (SAN), who was appointed the receiver/manager of the company by the Asset Management Corporation of Nigeria (AMCON), yesterday ... 34 of the Asset Management Corporation Act. “By virtue of Section 35 AMCON Act.
It would be recalled that Aero Contractors has been under the receivership of the Asset Management Corporation of Nigeria (AMCON). The airline was taken over by AMCON following massive unpaid indebtedness to banks by the airline. Mr. Galadima .
Perhaps the new Director-General of the Nigerian Tourism Development Corporation (NTDC), Mr. Folorunso Coker, will help to drive a necessary rethinking of tourism. In July, he launched a roadmap designed to develop the tourism industry and ... In this.
He further commended the Department of Petroleum Resources, Nigerian Content Development Monitoring Board, NCDMB, National Petroleum Investment Management Services, NAPIMS and other stakeholders for the support to the fabrication firm to .
Multi-billion naira properties belonging three property firms and eight others were yesterday, seized by the Asset Management Corporation of Nigeria (AMCON) following an alleged N4, 680,343,681.47 bank debts. The properties located in ... The firm then.
The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation , has said its relationship with Accrete Petroleum will help in achieving its goal of increasing oil production and reserves. ... was a critical need.
The NEITI Executive Secretary, Mr. Waziri Adio, who speaks with Kunle Aderinokun, addresses issues bordering on accurate volume of the country's crude production, transparency in the operations of the Nigerian National Petroleum Corporation and the.