The Senate on Tuesday received request from President Muhammadu Buhari, seeking the confirmation of a newly appointed Chairman for the Asset Management Corporation of Nigeria, AMCON, Edward Adamu.
DAILY NIGERIAN reports that Mr Adamu will replace Muiz Banire who had been occupying the position since July 2018.
The President’s action might have been prompted by the provision of the AMCON Act which provides that a deputy governor at the CBN should chair the corporation’s board.
The letter dated December 9, 2019, was read on the floor by the President of the Senate, Ahmad Lawan.
The president said: “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.”