Tinubu seeks Senate confirmation of Yuguda as AMCON Chairman

President Bola Tinubu has asked the Senate to corroborate the assignment of Lamido Yuguda arsenic the Chairman of the Board of the Asset Management Corporation of Nigeria, AMCON.

The petition was conveyed successful a missive addressed to Senate President Godswill Akpabio and work during plenary on Wednesday.

According to the President, the information was made successful accordance with Section 10(1)(a) of the Asset Management Corporation of Nigeria (Establishment) Act, 2019, arsenic amended.

“I americium pleased to contiguous for confirmation by the Senate the assignment of Mr. Lamido Yuguda arsenic Chairman of the Board of the Asset Management Corporation of Nigeria, AMCON,” the missive stated.

Tinubu explained that the assignment became indispensable pursuing the exit of the contiguous past president of the corporation’s board.

“The Senate is invited to kindly enactment that the assignment of Mr. Lamido Yuguda is necessitated by the exit of the contiguous past president of the committee of AMCON,” the President added.

Following the presumption of the letter, Senate President Godswill Akpabio referred the information to the Senate Committee connected Banking, Insurance and Other Financial Insti...