The House of Representatives Committee on Banking and Other Ancillary Institutions has called for the creation of a judicial task force specifically dedicated to the trial of cases involving the Asset Management Corporation of Nigeria (AMCON).

This move is intended to accelerate the resolution of AMCON cases, many of which involve significant financial recoveries for the government.

The taskforce aims to ensure that 350 debtors, representing over 80 per cent of AMCON’s total loan accounts, fulfil their financial obligations and contribute to the country’s economic recovery.

The Committee Chairman, Hon. EZE NWACHUKWU expressed disappointment that 350 Nigerian obligors are withholding collective resources and constraining the nation’s economy.

Hon. NWACHUKWU also questioned why political cases receive prioritised attention while economic challenges are left unaddressed.