Home Exclusive Buhari Sacks Muize Banire, Appoints Adamu As AMCON Chairman

Buhari Sacks Muize Banire, Appoints Adamu As AMCON Chairman

by Our Reporter

President Muhammadu Buhari has appointed a deputy governor of the
Central Bank of Nigeria (CBN), Mr Edward Adamu, as Chairman of the Asset
Management Corporation of Nigeria (AMCON).

The appointment was contained in a letter forwarded to the Senate and
read by the Senate President, Ahmed Lawan, during Tuesday’s plenary.

In the letter dated December 9, President Buhari urged members of the
Red Chamber of the National Assembly to confirm Adamu’s appointment.

It read, “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.”

Mr was appointed as CBN deputy governor on March 23, 2018, after working
in the apex bank for 25 years before he retired.

He was appointed as the CBN Director of Strategy Management Department
in 2012, after a rigorous selection process.

Four years later, he was deployed to the Human Resources Department of
the bank as a director, a position he held until his retirement on
February 14, 2018.

Meanwhile, the President also sought the confirmation of the appointment
of the chairman and members of the Federal Inland Revenue Service
(FIRS).

He made the request in another letter read by the Senate President
during the plenary.

This comes a day after the Presidency announced the appointment of
Muhammad Nami as the new Executive Chairman of the FIRS.

According to President Buhari, the request is pursuant to Section 3(2)
of the Federal Inland Revenue Service (Establishment) Act, 2007.

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