Eze Nwachukwu Eze spoke at the Stakeholders Roundtable on the AMCON Sunset Strategy, which was organized by the House of Representatives Committee on Banking and Other Ancillary Institutions. Themed – ‘Exit Strategy for AMCON: Policy Considerations and Implementation Plans – Hon. Eze recalled that since AMCON’s establishment in 2010, the Corporation has served as an essential institutional mechanism in stabilizing the Nigerian financial system.
In the wake of the global financial crisis and its local reverberations, AMCON provided a lifeline to banks drowning in toxic assets and non-performing loans, thereby safeguarding the integrity of the Nigerian financial architecture.
Its mandate was clear and concise: to prevent systemic collapse, to safeguard depositors’ funds, and to stabilize the credit environment for sustainable economic recovery.