President Buhari nominates five officials for confirmation in AMCON, NDICPresident Muhammadu Buhari has asked the Senate to confirm the appointment of Ahmed Kuru as the managing director of the Asset Management Corporation (AMCON) of Nigeria for another term of five years. PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! Buhari in a letter to the Senate president also re-nominated Eberechukwu Uneze and Aminu Ismail as executive directors of the corporation. A presidential spokesperson, Garba Shehu, in a statement on Monday, December 7, disclosed that the president sought the confirmation of the nominees in accordance with section 10 (1) of the AMCON Act, 2010. In another letter, Buhari asked the Senate to confirm Bello Hassan as the managing director of the Nigeria Deposit Insurance Corporation (NDIC) The president also nominated Mustapha Muhammad Ibrahim as executive director of the corporation. He said the request for the nominations of the officials was in compliance with Sections 5 (4) and 8 (3) of the NDIC Act, 2010. Read also FULL LIST: FG inaugurates 16 board members for PENCOM (photo) The statement from the presidency stated that the nominees are to succeed Umaru Ibrahim and Prince Aghatise Erediuwa whose second terms end on December 8, 2020 as managing director and executive director (Operations) respectively. Below is a list of the nominated officials: 1. Ahmed Kuru nominates as managing director of AMCON 2. Eberechukwu Uneze executive directors of AMCON 3. Aminu Ismail as executive directors of AMCON 4. Bello Hassan as the Managing Director of NDIC 5. Mustapha Muhammad Ibrahim executive director of NDIC Meanwhile, in what will come as a huge relief for many Nigerians, the administration of President Muhammadu Buhari says it will be slashing the price of petrol. According to the federal government, from Monday, December 14, the price will reduce by N5. This was revealed by Senator Chris Ngige, minister of labour and employment, the News Agency of Nigeria (NAN) reported. The news agency says the increase in petrol price from N160 per litre to N170 and the increase in electricity tariff necessitated this review. Read also Insecurity: Nigerians have lost faith in Buhari's govt, says NASU PAY ATTENTION: Get the Latest Nigerian News Anywhere 24/7. Spend less on the Internet! How best can President Buhari tackle insecurity | Legit TV Source: Legit.ng President Muhammadu Buhari has asked the Senate to confirm the appointment of Ahmed Kuru as the managing director of the Asset Management Corporation (AMCON) of Nigeria for another term of five years. PAY ATTENTION PAY ATTENTION