The Asset Management Corporation of Nigeria (AMCON), the Central Bank of Nigeria and the Ministry of Finance, are awaiting a convincing resolution strategy
There is always a way out of every resolution situation, however, there must be a situation of give and take, which is what we have been trying to achieve. We are ready to sit down with the owner or owners of Arik if they are ready to agree on what makes sense to us, to them, and the federal government.
Since the coming of a new government led by President Bola Ahmed Tinubu, he said, there has been heightened campaign by some recalcitrant AMCON debtors, especially, from its aviation portfolio that seeks to evoke the emotion of the public to perceive AMCON and its recovery activities from negative optical prism not minding the huge problem their debt to the federal government has caused the country.
“Aside from our recovery mandate, AMCON does not have a secret agenda. Transparency for us is very key. But, we also know that misinformation is part of the game, which is what some of our obligors specialise in but we want the media to know that we are very ready to provide accurate information. We deal with people who have interests and have issues with the organisation. It is nothing personal.”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report: Emefiele stepped down as CBN governor in AugustGodwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has resigned from office...
Read more »
Beneficiaries complain as CBN moves to recover COVID-19 loans | The Guardian Nigeria NewsCentral Bank of Nigeria (CBN) is set to recover loans it granted some Nigerians to ameliorate harsh socio-economic realities.
Read more »
Nigeria tasks Abuja MoU member states on ratification of maritime conventions | The Guardian Nigeria NewsNigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, has charged member states on the need to fully ratify and domesticate all relevant maritime instruments.
Read more »
Decade of gas policy is propelling Nigeria as regional hub, says NGA | The Guardian Nigeria NewsThe Decade of Gas Policy is propelling Nigeria to become a regional and global gas hub, offering economic opportunities and sustainable energy solutions, the Nigerian Gas Association (NGA) has said.
Read more »
Nigeria, Cuba sign pact on food security, improved agriculture | The Guardian Nigeria NewsNigeria has signed a Memorandum of Understanding (MOU) with Cuba on food security and agriculture advancement.
Read more »
Jumbo Salaries: “Some CBN staff are paid more than ministers” — RMAFC Chairman“I know of an average CBN worker who is not even a director, who earns more than a minister.
Read more »