HomeBusinessTinubu seeks Senate confirmation of Lamido Yuguda as AMCON Board Chairman

Tinubu seeks Senate confirmation of Lamido Yuguda as AMCON Board Chairman

President Bola Tinubu has transmitted to the Senate the nomination of Lamido Yuguda for confirmation as Chairman of the Board of the Asset Management Corporation of Nigeria (AMCON).

The request was conveyed in a letter addressed to the Senate and read during Wednesday’s plenary by Godswill Akpabio, Senate President.

In the correspondence, Tinubu said the nomination was made in line with the provisions of 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 Abubakar as chairman of the board of the Asset Management Corporation of Nigeria (AMCON),” the letter read.

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The President explained that the appointment became necessary following the departure of the immediate past chairman of the corporation.

“The Senate is invited to kindly

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