News
Adamu Replaces Banire As AMCON Chairman

President Muhammadu Buhari has sacked Muiz Banire as the Chairman of the Asset Management Corporation of Nigeria (AMCON).
Pending his confirmation by the Senate, Edward Lametek Adamu will replace Banire as the substantive chairman of the agency.
President Buhari on Tuesday, December 10, sent a formal request to the Senate for the confirmation of a newly appointed chairman, Adamu.
The request, which was contained in a letter dated Monday, December 9, was read on the floor by the president of the Senate, Ahmad Lawan.
“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. The new chairman for the Asset Management Corporation of Nigeria (AMCON), Edward Lametek Adamu. “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.”
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