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Nairaland Forum / Nairaland / General / Business / "We Have Recovered N644bn" - AMCON (13040 Views)
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"We Have Recovered N644bn" - AMCON by realjoker(m): 1:26pm On Aug 05, 2016 |
Ahmed Kuru, managing director (MD) of the Asset Management Corporation of Nigeria (AMCON), says the corporation has succeeded in recovering N644 billion. https://www.thecable.ng/just-weve-recovered-n644bn-says-amcon 4 Likes 1 Share
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Re: "We Have Recovered N644bn" - AMCON by Nobody: 1:26pm On Aug 05, 2016 |
Nonsense - How much is the total outstanding? - How long has the outstanding remained unpaid? 3 Likes 3 Shares |
Re: "We Have Recovered N644bn" - AMCON by BUHARIISCURSED(m): 1:28pm On Aug 05, 2016 |
They should keep discovering till 2019 when we would kick their use less ass out of Assorock awon olo shi @thedudeaboveme, how can you be a zombie and at the same time a wailer its a whole lot of stress bro. 21 Likes 1 Share |
Re: "We Have Recovered N644bn" - AMCON by falconey(m): 4:45pm On Aug 05, 2016 |
this can finance up to 20 state's budget , please FG SHOULD DISPOSE the fund into the economy . intervene in the foreign exchange market ,pump in dollars . |
Re: "We Have Recovered N644bn" - AMCON by freshness2020: 4:46pm On Aug 05, 2016 |
We have, we have, where is it? We only hear figure but don't get to see where they are. Let The Discovery continue. Yeye people. 3 Likes |
Re: "We Have Recovered N644bn" - AMCON by BeeBeeOoh(m): 4:46pm On Aug 05, 2016 |
The Bible said that whenever a Sinner repents there's joy in heaven Keneking:BrotherS &sisters, let's all rejoice because a soul has seen the light.. 15 Likes 2 Shares |
Re: "We Have Recovered N644bn" - AMCON by NameChecker: 4:46pm On Aug 05, 2016 |
N644 billion recovered? Now I know what kept the Common Sense Senator quiet 8 Likes |
Re: "We Have Recovered N644bn" - AMCON by MadCow1: 4:47pm On Aug 05, 2016 |
AMCON is really working sha.. Alot of people with bad debt have fled the country.. 9 Likes |
Re: "We Have Recovered N644bn" - AMCON by Trailblazer1(m): 4:47pm On Aug 05, 2016 |
Buhari recovered #4.3 Trillion loots Buhari recovered #3.2 Trillion from TSA Buhari Recovered #1.8 Billion from Ghost workers Now, AMCON recovers #644 billion from debtors Pls, where are the monies 33 Likes 4 Shares |
Re: "We Have Recovered N644bn" - AMCON by Adaowerri111: 4:48pm On Aug 05, 2016 |
keep believing |
Re: "We Have Recovered N644bn" - AMCON by Trailblazer1(m): 4:48pm On Aug 05, 2016 |
MadCow1: A lot of hungry Nigerians are not buying this shiit |
Re: "We Have Recovered N644bn" - AMCON by Nobody: 4:48pm On Aug 05, 2016 |
All the billions and trillions this government has been recovering through its agencies, are they storing them in Google cloud? Biko we aren't seeing it's impact in the economy or in our lives 7 Likes |
Re: "We Have Recovered N644bn" - AMCON by Pavore9: 4:49pm On Aug 05, 2016 |
"He further disclosed that seeking court orders in retrieving debts and sealing up companies was necessitated by many years of non-compliance from its debtors".......People owing you only wants to repay when one becomes aggressive! 3 Likes |
Re: "We Have Recovered N644bn" - AMCON by lollmaolol(m): 4:50pm On Aug 05, 2016 |
How e take concern us. Except you invest all on EVident power supply project 1 Like |
Re: "We Have Recovered N644bn" - AMCON by BCISLTD: 4:50pm On Aug 05, 2016 |
until the 644 bn turns to jobs and constant light ..u guys are talking nonsense... 1 Like |
Re: "We Have Recovered N644bn" - AMCON by goldiam(f): 4:50pm On Aug 05, 2016 |
OK no wonder there is no money in circulation. una recover the money finish come put am for fix deposit make e dey bring more money for una abi may fire from above burn that money wey una say una recover if una no use am for the development of this country. |
Re: "We Have Recovered N644bn" - AMCON by pussygotlips: 4:51pm On Aug 05, 2016 |
must I know? |
Re: "We Have Recovered N644bn" - AMCON by Divinehenrich(m): 4:52pm On Aug 05, 2016 |
Use it to quench hunger in the land. You don't keep money when stomach is empty. The rate at which people are complaining of hardship is very alarming. Pump in the money in to the economy Abeg o 2 Likes |
Re: "We Have Recovered N644bn" - AMCON by tinsel: 4:52pm On Aug 05, 2016 |
Please people commenting, put this one away from politics. The money is not government money. It belongs to me and you that deposit money into commercial banks and also own shares in the commercial banks. 1 Like |
Re: "We Have Recovered N644bn" - AMCON by Landloard01(m): 4:53pm On Aug 05, 2016 |
ok |
Re: "We Have Recovered N644bn" - AMCON by sammyj: 4:54pm On Aug 05, 2016 |
ok |
Re: "We Have Recovered N644bn" - AMCON by falconey(m): 4:54pm On Aug 05, 2016 |
sapiosexual1: I don't think it is that easy , the 2016 budget revenue will be sourced from oil sales thou there is deficit due to oil price crash , the expected revenue to be generated cant be actualised , this recovered fund should be use for intervention ( the foreign exchange market )or use to complement the deficit of the year's budget or on other capital project which need good strategy and time . 1 Like 1 Share |
Re: "We Have Recovered N644bn" - AMCON by dassylegend(f): 4:55pm On Aug 05, 2016 |
Good news...... What m I saying? Is it good or bad |
Re: "We Have Recovered N644bn" - AMCON by kayo80(m): 4:55pm On Aug 05, 2016 |
That's great. Kudos to them. And to those saying why is the economy bad with all the money that has been recovered. The economy is bad because WE DON'T PRODUCE/EXPORT SH^T! Simple. And our only means of export, oil, has gone down drastically in the international market. 4 Likes |
Re: "We Have Recovered N644bn" - AMCON by Nobody: 4:57pm On Aug 05, 2016 |
. |
Re: "We Have Recovered N644bn" - AMCON by idris4r83(m): 4:59pm On Aug 05, 2016 |
Fat lie. That's what this government knows how to do best 2 Likes |
Re: "We Have Recovered N644bn" - AMCON by judey1992(m): 5:02pm On Aug 05, 2016 |
Trailblazer1: 1 Like |
Re: "We Have Recovered N644bn" - AMCON by maadman: 5:03pm On Aug 05, 2016 |
falconey: Its not that easy, the money was provided by the cbn to the banks so they can remain healthy. This said, money recovered will go back to the CBN and not directly injected back into the economy. 2 Likes |
Re: "We Have Recovered N644bn" - AMCON by falconey(m): 5:11pm On Aug 05, 2016 |
maadman: sure the money should be in TSA as we post........ FG allowing the forces of demand and supply to determine the exchange rate is not working, they need to intervene bros . dollar to naira is 400 .the price mechanism is not working we need fast solution and if the recovered fund can be utilised in the foreign exchange market to reduce the hike in prices of domestic products especially necessity goods, that will do alot in the lives of the citizens, people are hungry. |
Re: "We Have Recovered N644bn" - AMCON by obailala(m): 5:13pm On Aug 05, 2016 |
I know some people will soon ask why AMCON recovered funds isn't used to fund budget. 1 Like |
Re: "We Have Recovered N644bn" - AMCON by autodoctor: 5:16pm On Aug 05, 2016 |
We havent seen a kobo of it yet. |
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