Adamu Aliero
Senate passes amended AMCON bill, empowers agency to seize debtors’ assets
The Senate Wednesday passed the Asset Management Corporation of Nigeria Amendment bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions. The amendment bill passed by the upper chamber empowers the Assets Management Corporation of Nigeria to, among others, take possession, manage or sell all properties traced to debtors, whether or not such assets or property is used as security/collateral for obtaining the loan in particular. It also empowers the corporation to access the Special Tribunal established by the BOFIA, 2020 for dealing with financial related matters. Presenting the report, Chairman of the Committee, Senator Uba Sani (APC, Kaduna Central) said the Committee engaged with stakeholders such as AMCON, Federal Ministry of Finance, ...
Senate president urges Nigerians to pray for leaders to overcome nation’s challenges
Senate President Ahmad Lawan has called for prayers for the leaders in government as they tackle the various challenges facing the nation. According to his Special Adviser on Media, Ola Awoniyi, Lawan made the appeal on Saturday at the launching of Pataskum Emirate Central Mosque Appeal Fund at Potiskum, Yobe State. The Senate President who announced a donation of N20 million to support the project said “every time leaders need prayers, particularly from the followership. “Our leaders, particularly our President, Muhammadu Buhari, may God grant him good health, God has given him the leadership of this country through you. “He is trying his possible best for you and we too that are part of his leadership, we are trying our best to ensure that things are okay for Nigeria. “I will therefore t...
