Buhari renominates Kuru as MD of AMCON; appoints new heads for NDIC

Buhari and Kuru
Buhari and Kuru

By Kazeem Ugbodaga

President Muhammadu Buhari has renominated Mr Ahmed Kuru as Managing Director and Mr Eberechukwu Uneze and Mr Aminu Ismail as Executive Directors of the Asset Management Corporation of Nigeria, AMCON, for the final term of five years.

According to Presidential spokesman, Garba Shehu, this was contained in a letter to the President of the Senate seeking confirmation of the nominees by the Upper Chamber in accordance with Section 10(1) of the AMCON Act, 2010.

Similarly, in another letter to the President of the Senate in compliance with Sections 5(4) and 8(3) of the Nigeria Deposit Insurance Corporation (NDIC) Act, 2010, Buhari has asked the Senate to confirm the nominations of Mr Bello Hassan as the Managing Director, and Mr Mustapha Muhammad Ibrahim as Executive Director of the corporation.

The two nominees are to succeed Mr Umaru Ibrahim and Prince Aghatise Erediuwa whose second terms end on December 8, 2020 as Managing Director and Executive Director (Operations) respectively.

Meanwhile, Hon. Omolola Abiola Edewor, is to continue as Executive Director (Corporate Services) in the NDIC until her second and final term ends on January 24, 2022.



  1. Does the president even have pity on the nation. These unnecessary appointees are draining the nation dry. While money needed for infrastructures are being geared towards salary and those appointees seeks kickbacks in their position.

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