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Tinubu seeks Senate confirmation for AMCON Board Chairman, Directors
The Senate has received a request from President Bola Tinubu for the confirmation of six nominees as Chairman and members of the Board of Directors of the Asset Management Corporation of Nigeria (AMCON).
In a letter addressed to Senate President Godswill Akpabio and read during plenary on Wednesday, Tinubu stated that the nominations were in line with Section 10, Subsection 1 of the AMCON Establishment Act, 2019 (as amended).
The nominees include Dr. Bala Bello as Chairman of the Board, alongside Yusuf Tegina (Non-Executive Director, North Central), Adeyemo Adeoye (Non-Executive Director, South West), Charles Odiong Iyiore (Non-Executive Director, South South), Yahaya Ibrahim (Non-Executive Director, North West), and Emily Chidinma Osuji (Non-Executive Director, South East).
Following the announcement, the Senate President referred the request to its Committee on Banking, Insurance, and Other Financial Institutions for further legislative action. It is expected to eport back within four weeks.