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AMCON Wins ‘Public Sector Agency Of The Year Award’ 2022

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By Victoria Onehi

The Asset Management Corporation of Nigeria (AMCON) led by Ahmed Lawan Kuru as Managing Director/Chief Executive Officer has won the Independent Awards 2022 ‘Public Sector Agency of the Year Award.’ 

The award was given by Independent Newspapers Limited (INL) publishers of Daily IndependentSaturday Independent and Sunday Independent newspapers. s

In a statement by the Head Corporate Communications Department of AMCON  Mr Jude Nwauzor, he said the latest award adds to the collection of awards on display on the cabinet of the debt recovery agency of the Federal Government of Nigeria since it was established in 2010.    

Before now, AMCON had been recognised and rewarded publicly by a host of credible evaluation agencies and organisations including Leadership Newspapers, Federal Character Commission, New Telegraph Newspapers, BusinessDay Newspapers, and African Development Magazine, just to mention a few. 

A representative of the Managing Director/CEO of AMCON Mrs Iyatum Adode-Kobiti, who led a delegation of AMCON to the awards including Mr Muhammad Najib Suleman to receive the award on behalf of the Corporation at the gala night, which held on Saturday February 18, at the prestigious Eko Hotel and Suites, Victoria Island, Lagos thanked the Management, the Editorial Board, and staff of Independent Newspapers Limited for selecting AMCON for the prestigious honour. Mrs Adode-Kobiti is the Group Head, Corporate Services at AMCON.

With honours such as this for AMCON, and coming from one of the leading newspapers in the country, Mrs Adode-Kobiti restated the award came at a time AMCON is pushing to meet its mandate with the reenergised AMCON Act, which was recently amended by the National Assembly, and already signed into law by President Muhammadu Buhari. 

According to her, the Corporation will continue to operate within the ambit of the law and in line with its Act as amended to deliver on its mandate as a key stabilising and re-vitalising tool with the aim of reviving the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy.

Aside from AMCON, among the awardees include the Rivers State Governor, Nyesom Wike, who bagged the Man of the Year Award; Governor Udom Emmanuel of Akwa Ibom State, who was received the Governor of the Year; Umana Umana, who mounted the podium to receive the Minister of the Year Award

Also, in the award themed ‘Celebrating Nigeria’s Bests’, international tycoon, Femi Otedola, carted away the Business Mogul of the Decade’, while Alhaji Abdul Samad Rabiu was decorated with the Manufacturer of the Decade Award due to his contributions in the nation’s manufacturing sub-sector of the economy. 

Another top personality who bagged an award is former Military Administrator of Lagos State, Brigadier General Buba Marwa (rtd), now the Chair­man/Chief Executive, the National Drug Law Enforcement Agency (NDLEA), among others.

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