Tinubu seeks Senate confirmation of Yuguda as AMCON chairman
President Bola Tinubu has urged the Senate to confirm the appointment of Lamido Yuguda as Chairman of the board of Asset Management Corporation of Nigeria (AMCON).
Mr Tinubu’s request was contained in a letter addressed to the Senate President, Godswill Akpabio, and read at plenary on Wednesday.
Mr Tinubu, in the letter, said that the nomination was made in compliance with section 10(1)(a) of the Asset Management Corporation of Nigeria (Establishment) Act, 2019, as amended.
“I am pleased to present for confirmation by the Senate the appointment of Mr Lamido Yuguda as chairman of the board of the Asset Management Corporation of Nigeria (AMCON),” the letter read in part.
He said that Mr Yuguda’s nomination was necessitated by the exit of the immediate past chairman of the corporation’s board.
“The senate is invited to kindly note that the appointment of Mr Lamido Yuguda is necessitated by the exit of the immediate past chairman of the board of AMCON,” the president said.
Following the reading of the letter, Mr Akpabio referred the nomination to the Senate Committee on Banking, Insurance and other Financial Institutions for further legislative action and to report back to the senate within two weeks.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
2027 Hajj: Yobe pegs N7.5 million as initial deposit
The chairman warned members of the public against entrusting money to unauthorised individuals claiming to facilitate hajj registration.
Hot news Home top
Parents arrested over alleged beating of Kogi teacher to death for disciplining son
Ms Saliu said the investigation showed that Ms Usman was assaulted on June 17 at her residence by a pupil’s father for allegedly disciplining his son during school hours.
Lagos
30 vessels laden with petroleum products, other items expected at Lagos ports
The authority said the vessels are expected between July 8 and July 20.
States
Ogun water corporation cuts supply to three communities over illegal connections
The corporation urged residents to visit the water corporation as soon as possible to process their registration and reconnection.
Abuja
NGO, UNIABUJA unveil organic waste facility to curb methane emissions
Mr Ahmed said the initiative had equipped waste workers with more sustainable methods of handling waste.
States
Woman sues daughters-in-law over late son’s inheritance
The judge, Yakubu Abdullahi, advised them to invite a cleric they respect to intervene and preach to them during the settlement.
