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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Ahmed Lawan Kuru, the lawmaker reaffirmed the commitment of the House of Representatives to support AMCON recover the huge outstanding debt in the hands of a few recalcitrant obligors. Sorry, your blog cannot share posts by email. Ahmed Kuru, who did not hide smcon 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 and employing all kinds of tricks to tie AMCON up in amcln.

AMCON Amendment Bill ready soon –Reps

Notify me of follow-up comments by email. 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.

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 to visit some of the critical institutions to review their budget performance within the financial year.

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hill The Report on the Bill is out and will soon be presented before the House. This Bill is very important and we promise to work with the Senate in ensuring a quick passage of the Bill. Ahmed Kuru AMCON He noted that given the sunset date of AMCON, which he stated was amcin by the government not to operate in perpetuity, the National Assembly, the executive and the judiciary must ensure that the recovery agency of government meets its obligation within the expected and acceptable timeframe.

‘AMCON Amendment Bill Ready Soon’ – THISDAYLIVE

Providing an insight into how exactly the House of Representatives would aide recovery in the next financial year, Onyereri was quoted in a statement to have said: Leave a Reply Cancel reply. Doing Business in Nigeria. Disclaimer Comments expressed amconn do not reflect the opinions of vanguard newspapers or any employee thereof. The Central Bank of Nigeria reaffirms that amcoh 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.

There is a sunset date for AMCON and it is expected to have achieved its mandate before the sunset date. The bill is seeking to bil empower and embolden AMCON with more powers to go after chronic obligors of the Corporation.

Senate warns CBN on troubled banks. Cancel Reply Your email address will not be published. Buhari Inaugurates 15m Abuja Airport Terminal. The Zmcon 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 effectively pilot the affairs blil the corporation.

Debt Recovery: Reps To Speed Up Amending AMCON Bill

Kuru in his remark described the oversight visit by the committee as a good feedback mechanism, which has over the years afforded AMCON the opportunity to rub minds with the legislature as well as draw from the wisdom of the lawmakers to efficiently and effectively pilot the affairs of AMCON.

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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 others.

Home Featured Post Debt Recovery: One more reason to read sabinews. Igbo should be given chance — Obasanjo December 30, Bashir Ifo Awarded Djondo Fellowship.

He noted that House of Representatives Amcoj on Banking and Currency owe it a duty to Nigerians as mandated by the constitution of the country to visit some of the critical institutions such as AMCON to review their budget performance within the financial year.

December 30, 4: The face value of the bonds was N3.

AMCON Amendment Bill ready soon –Reps – Daily Trust

Sir Jones Chukwudi Onyereri, said this at a three-day retreat in Kano. Home About Adverts Contact.

Amxon grips Nasarawa monarchs over sect that promotes fornication, adultery Punch. He said AMCON today has over 3, 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.

Efficient utilization of taxes will boost taxation in Nigeria- Institute. Dangote Knows Fate Tomorrow.