Tag: bureaucracy

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Overview of the Asset Management Corporation of Nigeria (AMCON) by Lawson Akhigbe

The Asset Management Corporation of Nigeria (AMCON) represents one of Nigeria’s most significant financial interventions in response to systemic banking distress. Its debt enforcement history reflects a blend of aggressive statutory powers, evolving legislative enhancements, notable operational successes, persistent challenges, and occasional perceptions of uneven application influenced by political or economic factors. Below is a thorough, chronological exploration of AMCON’s enforcement journey, including context, key mechanisms, statistics, notable cases (with nuances around the Ben Murray-Bruce/Silverbird matter), challenges, and broader implications.

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The Steve Oronsaye Report

The Steve Oronsaye Report formally titled the Report on the Restructuring and Rationalization of Federal Government Parastatals, Commissions, and Agencies is a landmark 800-page public service reform blueprint submitted to the Nigerian government in 2012.

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Remi Tinubu’s Multi-Billion Naira Generosity Ledger: The Renewed Hope Initiative’s Cash-Flow Miracle (or Magician’s Hat)

Three years into the First Lady’s unofficial reign of philanthropy, Senator Oluremi Tinubu has turned the Renewed Hope Initiative into Nigeria’s most prolific ATM for good causes dispensing cash, food, scholarships and tricycles with the regularity of a government payroll, yet without the inconvenience of a budget line or constitutional recognition. Publicly announced cash interventions alone tell a tale of accelerating largesse.

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Accountability Is Not a Presidential Favour by Lawson Akhigbe

The response by the President's Senior Special Assistant on Media and Publicity to Cardinal John Onaiyekan's television interview reveals a troubling misunderstanding of constitutional democracy. It also exposes a growing tendency within this administration to confuse criticism with disloyalty and accountability with discourtesy.

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FEC (Federal Executive Council) Approval Process in Nigeria: Overview and Key Details

FEC approvals typically involve Executive Council Memoranda (ECMs) submitted by Ministries, Departments, and Agencies (MDAs). Here’s the structured workflow:

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