AMCON Needs To Take Action And Stop Press Niceties To Recover the N4 Trillion
Quote from Ndubuisi Ekekwe on March 15, 2025, 9:15 PM
Sharing to help Nigeria's AMCON to recover N4 trillion: "The Asset Management Corporation of Nigeria (AMCON) is intensifying efforts to recover over N4 trillion in outstanding debts and has urged the media to up the ante in holding defaulters accountable. The call for media scrutiny was made by AMCON.
"The firm emphasized that exposing high-profile debtors who continue to live lavishly despite owing billions could help compel them to meet their financial obligations. One of AMCON’s major concerns is that many debtors, despite owing billions, continue to maintain luxurious lifestyles, owning private jets, high-end properties, and other expensive assets while refusing to settle their debts."
Story story...story. You have people owing 10% of Nigeria's annual budget and we're still speaking grammar. Why not confiscate the luxury assets? We need to become serious in Nigeria if we want to move the country forward!
Sharing to help Nigeria's AMCON to recover N4 trillion: "The Asset Management Corporation of Nigeria (AMCON) is intensifying efforts to recover over N4 trillion in outstanding debts and has urged the media to up the ante in holding defaulters accountable. The call for media scrutiny was made by AMCON.
"The firm emphasized that exposing high-profile debtors who continue to live lavishly despite owing billions could help compel them to meet their financial obligations. One of AMCON’s major concerns is that many debtors, despite owing billions, continue to maintain luxurious lifestyles, owning private jets, high-end properties, and other expensive assets while refusing to settle their debts."
Story story...story. You have people owing 10% of Nigeria's annual budget and we're still speaking grammar. Why not confiscate the luxury assets? We need to become serious in Nigeria if we want to move the country forward!
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