Citizens won’t pay for mega bank debtors

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Citizens won’t pay for mega bank debtors
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  • 📰 Daily Trust
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The suggestion made by bosses of the Assets Management Company of Nigeria [AMCON] that public funds would be used to pay off N5 trillion in toxic bank assets if AMCON itself fails to recover them b…

The suggestion made by bosses of the Assets Management Company of Nigeria [AMCON] that public funds would be used to pay off N5 trillion in toxic bank assets if AMCON itself fails to recover them by its winding up date was one of the most disturbing things we have heard in recent times.

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