Status
No final report
Assembly
House of Representatives
Opened
September 2019 (month known)
Assembly term
9th National Assembly (2019–2023)
Committee
Committee on Banking and Currency
Sum at issue
₦5.4 trillion
Subject
Loans and public debt
Without a report for
2,614 days
The House of Representatives Committee on Banking and Currency, mandated by a motion from Cornelius Nnaji in September 2019, initiated a probe into the Asset Management Corporation of Nigeria (AMCON) regarding its ₦5.4 trillion debt portfolio. The investigation scrutinized the corporation's accumulation of debts far in excess of its ₦800 billion statutory ceiling, with allegations that 20 individuals/entities were responsible for 67% of the total debt and were unwilling to pay.
AMCON
What the record shows
- September 2019Probe opened.
- As of 11 November 2026No final report of this probe has been found on the public record.
Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.