AMCON plans to engage international asset tracers for N5 trillion debt recovery targeting key sectors, with support from top government officials.

AMCON, Nigeria's asset management firm, plans to engage international asset tracers to recover about N5 trillion in outstanding debts from non-compliant debtors, including those hiding assets under Special Purpose Vehicles (SPVs). They are receiving support from the President, Central Bank Governor, Federal Ministry of Finance, the Attorney General of the Federation, and the National Assembly. AMCON targets key sectors like oil and gas, power, telecommunications, and aviation for debt recovery, aiming to contribute to Nigeria's economic growth and development.

August 27, 2024
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