Asset Management Corporation of Nigeria (AMCON) was established on the 19th July 2010
This Act seeks to establish the Asset Management Corporation of Nigeria for the purpose
Acquire Eligible Bank Assets (EBAs) from Eligible Financial Institutions (EFIs) at a fair value
No. 35/37 Isheri Road
The property is a purpose built commercial development.
Property at Airport Junction Sokoto-Kebbi Maiduguri road, Bado area of Sokoto (Bare land).
The site is an undeveloped land, irregular in shape, level, trim and well drained, bare land with total size of 11.56 Ha. The site is fenced round with wire mesh.
Rigs Onome and Oritsetimeyin
Rigs Onome and Oritsetimeyin are part of the Eligible Bank Assets (EBAs) under Asset Management Corporation of Nigeria’s (AMCON) asset portfolio, acquired pursuant to AMCON’s statutory powers and mandate under the AMCON Act (as amended). The Rigs were acquired through a Loan Purchase and Limited-Service Agreement (‘LPLSA’) dated 2/1/12, with which AMCON bought over First Bank of Nigeria’s (‘FBN’) loan rights and the assets charged, mortgaged, or pledged as security with respect to the unpaid debt of Seawolf Oilfield Services Ltd. (now Seawolf Oilfield Services Ltd. (in receivership) (“Seawolf”) owed to FBN.
Okanje District, Cadastral Zone C13, Abuja
A purpose-built residential units at different stages of completion
PLOT NO 62 OSHO DRIVE
A mixed use 3-Storey building