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BREAKING: Buhari Sacks Banire As AMCON Chairman

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President Muhammadu Buhari has removed Mr. Muiz Banire as the Chairman of the Asset Management Corporation of Nigeria (AMCON)

Naija News Understands that this was contained in a letter from the President read on the floor of the Senate by the Senate President, Senator Ahmad Lawan.

The letter, dated December 9, 2019, reads: “In accordance with Section 10(1) of the Asset Management Corporation of Nigeria (AMCON) Act, 2010, I hereby present Mr. Edward Lametek Adamu for confirmation as Chairman of the Asset Management Corporation of Nigeria by the Distinguished Senate.

“While hoping that this request will receive the usual expeditious consideration of the Senate, please accept, Distinguished Senate President, the assurances of my highest consideration.

Buhari had appointed Banire as AMCON Chairman in July 2018