• Homepages
    • Homepage Layout 1
  • Politics
  • World News
  • Business
  • National
  • Entertainment
  • Sports
  • Crime
  • Lifestyle
  • Tech
  • Health
Sunday, June 29, 2025
  • Login
Daily Nigerian News
  • World News
  • National
  • Politics
  • Business
  • Entertainment
  • Lifestyle
    • All
    • Health
    UATH Mark World Sickle Day.

    UATH Mark World Sickle Day.

    Nigerian cooking sensation Hilda Baci has become a new world record-holder, The Guinness Book of World Records has confirmed.

    Nigerian cooking sensation Hilda Baci has become a new world record-holder, The Guinness Book of World Records has confirmed.

    Breaking a Guinness World Record Before Hilda Bacci Receives a Certificate of Recognition: Is it Possible?

    Breaking a Guinness World Record Before Hilda Bacci Receives a Certificate of Recognition: Is it Possible?

    Trending Tags

    • Golden globes
    • Climate Change
  • Opinion
  • News
  • Crime
  • Sports
No Result
View All Result
  • World News
  • National
  • Politics
  • Business
  • Entertainment
  • Lifestyle
    • All
    • Health
    UATH Mark World Sickle Day.

    UATH Mark World Sickle Day.

    Nigerian cooking sensation Hilda Baci has become a new world record-holder, The Guinness Book of World Records has confirmed.

    Nigerian cooking sensation Hilda Baci has become a new world record-holder, The Guinness Book of World Records has confirmed.

    Breaking a Guinness World Record Before Hilda Bacci Receives a Certificate of Recognition: Is it Possible?

    Breaking a Guinness World Record Before Hilda Bacci Receives a Certificate of Recognition: Is it Possible?

    Trending Tags

    • Golden globes
    • Climate Change
  • Opinion
  • News
  • Crime
  • Sports
No Result
View All Result
Daily Nigerian News
No Result
View All Result
Home News

AMCON; President Tinubu Ask To Invoke Executive Order to Recover over 4trillion Debts.

admin by admin
July 9, 2023
in News
0
AMCON; President Tinubu Ask To Invoke Executive Order to Recover over 4trillion Debts.
0
SHARES
11
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

RELATED POSTS

David Mark Mourns Passing of Elder Statesman Aminu Dantata

Oyo Govt to Enforce QR code Jacket Policy for Okada Riders

Spread the love

 

By ABUBAKAR YUSUF.

 

A communication analyst , Abubakar Yusuf has pleaded with President Bola Ahmed Tinubu not to overlook the over 4 Trillion debt owed government by individuals and corporate organisations through Asset Management Corporation of Nigeria AMCON, saying the recovery will galvanise Nigerian economy.

 

He therefore urged the Nigeria’s President to invoke executive order to effect such recovery without further delay.

 

He stated this on Sunday in Abuja, that the recovery if carried out, will go along way to affect positively the new fiscal policy framework been put in place by the new administration.

 

The analyst stressed that many Nigerian business men, enterprenuers, the political class and others are highly indebted to Banks which AMCON had acquired since it’s inception, with no efforts at repayments.

 

These same Nigerians had gone round to instigate both government and commercial Banks that AMCON tenure was over, without recovering chunk of money from Nigerian debtors, who are moving freely within and outside the shores of the country.

 

He further appeal to the President not to consider Bank debtors for both Ministerial and political appointments in his administration, stating that they will destroy his good intentions for the country.

 

“How can AMCON wound down without recovering the government funds invested in the Banks in the last year, this negates the act setting up the recovery agency.”

 

“AMCON is expected to work hand in hand with security agencies to remove names of debtors from further holding public offices, as most of them used their positions to acquire debts they have refused to pay.”

 

He urged President Bola Ahmed Tinubu to allow AMCON to ventilate it’s powers under the law, and remain not only as the main recovery agent of government, but oversee some of the activities of Banks in Nigeria.

 

Yusuf maintained that the economic and political stability of the country should go beyond politics, stating that politicians and the political class had connived with business mogul to shortchange Nigeria through series of borrowings.

 

He cited the recent happenings between AMCON and some serving Senators, former Senators and business men, who are taking advantage of been in government to break the law of the land.

 

“How can a business man owe AMCON 200B , some serving and former Senators indebted to AMCON ranging into billions, yet walking around freely all in the name of the legal interpretation and pronouncement.”

 

“A special court to try Nigerian debtors no matter how highly placed should be put in place to recover public funds.”

 

He pleaded with the President to direct AMCON to go ahead and publish names of Bank debtors , saying the President will be disappointed to see the list and names of debtors of Banks in Nigeria.

 

“The easiest way to rejig the ailing Nigeria economy is to recover the over 4 Trillion and inject it into the economy, stating that few privileged people have hijacked the laudable programs of government, stressing the need for the President to start on a clean slate. He concluded.”

ShareTweetSend
admin

admin

Related Posts

Benue Massacre: David Mark to FG — People May Be Forced to Defend Themselves

David Mark Mourns Passing of Elder Statesman Aminu Dantata

by admin
June 28, 2025
0

  Former Senate President, Senator David Mark, has expressed deep sorrow over the death of renowned elder statesman, business magnate,...

Oyo Govt to Enforce QR code Jacket Policy for Okada Riders

Oyo Govt to Enforce QR code Jacket Policy for Okada Riders

by admin
June 28, 2025
0

  The Oyo State Government has reaffirmed its commitment to enforcing the QR code-embedded jacket policy for commercial motorcycle (Okada)...

Deputy Senate President Mourns Elder Statesman, Aminu Dantata 

Deputy Senate President Mourns Elder Statesman, Aminu Dantata 

by admin
June 28, 2025
0

    Deputy President of the Senate Senator Barau I Jibrin, CFR, has mourned the death of Alhaji Aminu Dantata,...

SDGs; Providing Succour to Special Persons In Nigeria,     BY ABUBAKAR YUSUF 

SDGs; Providing Succour to Special Persons In Nigeria, BY ABUBAKAR YUSUF 

by admin
June 28, 2025
0

    In line with it's global Goals and it's all encompassing policy of both abled and un-enabled in the...

Tax Reform; Rt. Hon. Abdullahi Ibrahim Ali, Halims, Deputy House Leader, Federal House of Representatives, joins President Bola Ahmed Tinubu.

House Deputy Leader Hails President Tinubu Over Assent To Tax Reform Bills,  Commends Introduction Of Developmental Levies

by admin
June 27, 2025
0

  The Deputy Leader of the House of Representatives and Member Representing Ankpa, Omala and Olamaboro Federal Constituency of Kogi...

Next Post
GOVERNOR HYACINTH ALIA SHOWERS ENCOMIUMS ON SENATOR DR. GEORGE AKUME, CALLS FOR PRAYERS FOR THE SUCCESS OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION 

GOVERNOR HYACINTH ALIA SHOWERS ENCOMIUMS ON SENATOR DR. GEORGE AKUME, CALLS FOR PRAYERS FOR THE SUCCESS OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION 

A CONDEMNATION OF THE EXTRA JUDICIAL KILLING OF CITIZENS KABIR OKWO BALA AND MRS ATIMA ABDULLAHI. 

Restrictions Circular; SDP Candidate, Ajaka rejected by Igala Traditional Council

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Benue Massacre: David Mark to FG — People May Be Forced to Defend Themselves

David Mark Mourns Passing of Elder Statesman Aminu Dantata

June 28, 2025
Oyo Govt to Enforce QR code Jacket Policy for Okada Riders

Oyo Govt to Enforce QR code Jacket Policy for Okada Riders

June 28, 2025

MOST VIEWED

  • Big Boost for Muri – League of Professionals Endorse Muritala Ajaka

    Big Boost for Muri – League of Professionals Endorse Muritala Ajaka

    0 shares
    Share 0 Tweet 0
  • FHA To Launch Golden Jubilee Estate in Abuja August 10.

    0 shares
    Share 0 Tweet 0
  • Just In- DG NPC Bags Doctorate Degree from American University.

    0 shares
    Share 0 Tweet 0
  • Breaking; Usman Okai Abducted by Agents of Kogi Government.

    0 shares
    Share 0 Tweet 0
  • We Work for You; You Worked Against Us’— Igala Vanguard Blasts Wada

    0 shares
    Share 0 Tweet 0
Daily Nigerian News

We bring you the best Premium News in Nigeria and accross the cou

CATEGORY

  • Education
  • Health
  • Lifestyle
  • National
  • News
  • Politics
  • Sports
  • World News

SITE LINKS

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Homepages
  • Politics
  • World News
  • Business
  • National
  • Entertainment
  • Sports
  • Crime
  • Lifestyle
  • Tech
  • Health

© 2023

No Result
View All Result
  • Homepages
    • Homepage Layout 1
  • Politics
  • World News
  • Business
  • National
  • Entertainment
  • Sports
  • Crime
  • Lifestyle
  • Tech
  • Health

© 2023

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In