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AMCON ACT

 

Our Vision

"To be a key stabilizing and re-vitalizing tool in the Nigerian economy."

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The AMCON Acts

AMCON acts 2010 and subsequent amendments.

Section 1 (1) of the Act establishes the Corporation.

The Act Amended Sections 34, 45, 53A and 61

Enacted on the 12th day of November 2021.

  

Section 1 (1) of the Act establishes the Corporation.

The Act contains 24 sections. Amended Sections, 6, 10, 19, 31, 33, 34, 35, 39, 43, 45, 47, 48, 49, 50, 51, 52, 53, 55, 60 and 61 of the AMCON Act. Introduces new Sections 33A, 50A and 50B.

Enacted on the 29th day of July 2019.

Section 1 (1) of the Act establishes the Corporation.

The Act contains 10 Sections with the introduction of part IX.

Enacted on the 26th of May 2015.

Section 1 (1) of the Act establishes the Corporation.

An act to establish the Asset Management Corporation of Nigeria, for the purpose of resolving the non-performing loan Assets of Banks in Nigeria.

The Act came into law on the 19th of July 2010.

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