AMCON Debt Can Increase To ₦6.6trillion By 2024 – Experts
October 16, 2019
6:33 am
A legal expert, Muyiwa Balogun, has called on the Asset Management Corporation of Nigeria (AMCON) and its Asset Management Partners (AMPs) to leverage the 2019 amended AMCON Act, which has been signed into law by President Muhammadu Buhari to recover the over ₦5 trillion outstanding AMCON debt before sunset.
Balogun who made a case in support of the 2019 Amendments while addressing external solicitors and AMPs of AMCON in Abuja painted a gloomy picture of what could befall the economy if the debts were not recovered in time
According to him, AMCON debt could easily rise to N6.6trillion by 2024 …
