The Chairman, House of Representatives Committee on Banking & Ancillary Institutions, Nwachukwu Eze, has asked the Asset Management Corporation of Nigeria (AMCON) to be brutal in recovering N5 trillion loan owed the corporation.
Speaking during a retreat on debt recovery held in Enugu at the weekend, he asked all agencies of the federal government to join the debt recovery drive of AMCON and increased call for all AMCON debt related court rulings to happen within 90 days.
Eze said the recovery of N5 trillion owed the corporation by a few obligors will increase the revenue of President Bola Tinubu’s government, and enable the government to deliver the renewed hope Mr President promised Nigerians.
He said the debt recovery agency of the government presently led by Gbenga Alade must be more brutish in the recovery strategy, which should not allow a few obligors get away with the commonwealth of all Nigerians.
According to a statement by Jude Nwauzor, the Head of Corporate Communications Department of AMCON, Eze charged AMCON not to be deterred by the personality or position of any obligor when enforcing on their asset.
