The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill.
This followed the adoption of the report of the Senate Committee on Banking, Insurance and Other Financial Institutions at the plenary on Wednesday.
Presenting the report, Chairman of the Committee, Uba Sani, said the committee engaged stakeholders including AMCON, Ministries of Finance, Budget and National Planning, Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) before arriving at its conclusion.
He said the stakeholders, in their…
