Senate tasks AMCON on operational records ahead of 2030 wind-down
…Yuguda gets ‘bow and go’ treatment at screening By Henry Umoru ABUJA — The Senate Committee on Banking, Insurance and Other Financial Institutions has directed the Asset Management Corporation of Nigeria (AMCON) to begin compiling comprehensive records of its operations ahead of the agency’s planned expiration in 2030.
During the screening, Senator Sani Musa (APC, Niger East) urged the incoming board chairman and AMCON’s Managing Director, Gbenga Alade, to prepare a detailed status report on the corporation’s activities.
The directive was issued on Tuesday by the committee, chaired by Senator Tokunbo Abiru (APC, Lagos East), during the screening of Lamido Abubakar Yuguda, the newly appointed Chairman of AMCON’s Board by President Bola Ahmed Tinubu.
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