Tag: culture

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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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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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The Samson Strategy: How the Tinubu Government Pulled the Temple Down on Itself Over PFIPC by Lawson Akhigbe

The Bola Ahmed Tinubu administration appears to have forgotten that rule in its handling of the Presidential Foreign Investment Promotion Council (PFIPC) controversy. In its determination to destroy the credibility of one man, Prince Adeniyi Matthew Adeyemi, it may have inflicted collateral damage on something far more valuable: the credibility of official government documentation itself.

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The Art of the Bureaucratic Shrug: Why Nigerian Public Officials Never Bring a Pen to an Interview by Lawson Akhigbe

he backdrop of the interview was heavy: a massive Senate investigation into the "Safe Schools Initiative," a program conceptualized to protect students after the harrowing 2014 Chibok girls tragedy. We are talking about tracking billions of naira and over $30 million in donor funding. It’s the kind of high-stakes scrutiny that should make any public servant sweat through their starch-pressed Agbada.

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Nigerian Judiciary by the Truckload By Late Prof. Pius Adesanmi (Repost)

The flight from London had arrived. I was waiting for the Chief Judge of Kwara state. An elderly man wheezed past me imperiously like he owned Ottawa Airport. Like he personally appointed the Mayor of Ottawa. The unmistakable trade mark of the Nigerian. I was going to hail him and ask if he was my guest.

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