350 Businessmen, Firms Owe AMCON N3.6Tr | BUSINESS
Channel: Plus TV Africa
Date: 2021-01-14

The Management of Asset Management Corporation of Nigeria (AMCON) has said 350 debtors owe it N3.6 trillion, an amount higher than the N3.12 trillion set aside this year by the Federal Government for debt servicing.

It noted that the N3.6 trillion if recovered, would be enough to complete the revival of the moribund Ajaokuta Steel Company in Kogi State, capitalize over two million Micro-businesses with N2 million each or 200,000 Small and Medium Enterprises (SMEs) with N20 million per SME.
-------------------------------------------------------------------------
Watch More: https://bit.ly/2KLQxbI

Read & Watch via our Website: https://plustvafrica.com/

Like us on Facebook: https://www.facebook.com/PlusTVAfrika/

Follow us on Instagram: 
https://www.instagram.com/plustvafrica/ 

Tweet us on Twitter: https://twitter.com/PlusTVAfrica

Comment on Whatsapp: http://ow.ly/d4kQ50pT4Bt

#PlusTVAfrica #NewsOnTheHour