Connect with us

Politics

Ahmed Kuru and his adversaries By James Imoru

Published

on

Ahmed Kuru and his adversaries By James Imoru

Ahmed Kuru and his adversaries

By James Imoru

 

 

 

BEING a beacon of integrity in an abundantly blessed but criminally managed, consciously monetized society like Nigeria can be daunting. Ask the Asset Management Corporation of Nigeria (AMCON) boss, Ahmed Lawan Kuru. Confronting the hawks who wrecked the banking sector with unpaid loans and thus forced the creation of the corporation in the first place is not just a daunting task; it is an assignment strewn with perils, including lawfare and media wars by profiteers from the people’s pain, the friends and enablers of criminals. For one thing, the obligors of AMCON are in the commanding heights of political power, and if the nation has learned anything in the past few years when the corporation and these enemies of state have been locked in a battle, it is the fact that criminals do not like exposure.

 

 

 

 

 

In 2017, Kuru was garlanded as the African Best Rated CEO of The Year at the second edition of the National Development Forum (NDF)/award ceremony organized by African Development Magazine. Explaining the criteria for the selection of Kuru at the event, the media house stated that the AMCON boss was adjudged winner by the panel of judges after a careful evaluation of his difficult assignment at AMCON and the fact that he went about it in a way that supported the anti-graft war in the country. As it noted, it was a herculean task chasing dangerous debtors who had borrowed money from taxpayers to fund their lavish lifestyle while deliberately refusing to pay back and thus contributed to crippling the Nigerian economy. The same point was canvassed by the management of the New Telegraph when they bestowed upon Kuru the maiden edition of the “Public Integrity Award 2021.” The AMCON boss, they averred, was selected from a large poll of public servants heading different Ministries, Departments and Agencies (MDAs) of the government across Nigeria because of his commitment, dedication, uprightness, and patriotic zeal that he has gone about the recovery drive from AMCON obligors who owed Nigeria a current outstanding debt of over N4.4trillion.

 

 

Ahmed Kuru and his adversaries

By James Imoru

 

 

As a popular Nigeria musician quipped, “it is divinity that abhors falsehood, the world wants no forthrightness.” And yet someone must stand up to be counted; someone must dare the status quo and rescue the nation from ruin. That is the kind of job Dora Akunyili had, and it is the kind of job Ahmed Kuru has. It is no wonder, then, that hiding under pseudonyms (fake names) and purveying the most blatant of falsehoods, certain anti-Kuru elements have gone on an overdrive in the media in recent times, cooking up falsehood against the high-flying, phenomenally cerebral, passionately committed and resource-savvy AMCON boss. Combining innuendos with conjecture, and vile abuse with sheer envy, they are doing their level best to robe the AMCON boss in the garb of a villain and get him out of the way. They are movers and shakers within the Nigerian landscape and they are not content with the multiple frivolous cases they filed in court in a desperate attempt to get away with crimes for which in saner climes they would presently be rotting in jail. The tactic is unmistakable: take Kuru’s job away from him by casting aspersions on his integrity, forcing the president to remove him. This is, to say the least, a devious tactic, and President Bola Ahmed Tinubu will not be moved by it. He is much too sophisticated to be swayed by charlatans masquerading as social crusaders. Convicts of financial crimes and the brains behind failed banks fazed by the public spirit with which Kuru works can only rage using media hounds; they must not be allowed to turn back the hands of the clock.

The fact that a good number of AMCON obligors who have no business occupying public office given their role in wrecking Nigeria’s financial system are now occupying top government offices should be a source of concern. But the fact that they are using public funds to sponsor all manners of attacks against AMCON is even more egregious. They are using public funds to protect their crime and take out those who dared to challenge them. They detest AMCON and its debt-recovery efforts with passion. And their pain was compounded by the fact that following his stellar performance in the first five years at the helms of affairs of AMCON, President Muhammadu Buhari reappointed Kuru, a career banker with professional experience spanning nearly four decades across investment banking, risk management, operations, human capital management and marketing, for another term of office in 2021.

As Managing Director/CEO of the former Enterprise Bank Limited, Kuru oversaw phenomenal growth. Within the first two years of his leadership, the bank made over N11billion profit, solidifying the path of profitability. It is a fact that it was AMCON that saved Arik Airlines, the largest local carrier, and Aero Contractors, Nigeria’s oldest carrier from shutting down operations, while making other strategic investments in a number of other local carriers, all of which have helped to keep the aviation sector afloat. The fact that AMCON has recovered about N1.8trillion from inception till date cannot be discountenanced, nor can the fact that it acquired about 12,000 Non-Performing Loans (NPLs) worth N3.7 trillion from 22 banks and injected N2.2 trillion as financial accommodation to 10 banks in order to prevent systemic failure.

In August last year, speaking in London, United Kingdom, at a training for Federal High Court judges from Nigeria, the AMCON boss indicated that the corporation’s recoveries in cash and in sale of assets had been made possible with the help of the judiciary. This was because “granting of Exparte Orders as well as orders to attach traced assets have compelled most recalcitrant obligors of AMCON to come to the negotiation table.” The recalcitrant obligors, he said, had mastered the act of clinging to the technicalities rather than settling their established obligations. But the Kuru-led AMCON had never shirked its responsibilities. AMCON made a profit of N23.97 billion in 2020, which increased to N34.65 billion in 2021. In the year 2022, the corporation made N58.59 billion profit. It has consistently delivered on its recovery mandate since its inception. The figure was over N70 billion for 2023. Given the feelers from the corporation, things are bound to get even better under Kuru’s leadership in the days to come.

Imoru , Civil Right Activist, contributes this piece through [email protected]

Politics

LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

Published

on

LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

 

The Centre for Responsible Governance (CRG) has welcomed the decision of the Legal Practitioners Disciplinary Committee (LPDC) dismissing the complaint filed against the Deputy Speaker of the House of Representatives, Benjamin Okezie Kalu, describing the ruling as a clear affirmation of due process and institutional integrity.

In a press statement issued on Thursday, the spokesman of the Centre, Obande George, said the verdict of the disciplinary body has once again vindicated the Deputy Speaker and reaffirmed the position earlier taken by CRG that the allegations against him lacked merit.
The LPDC, in its ruling referenced BB/LPDC/1954/2026, held that no prima facie case had been established against the Deputy Speaker and dismissed the complaint in its entirety.

According to George, the decision demonstrates the importance of allowing competent institutions to examine allegations objectively rather than rushing to judgment in the court of public opinion.

“From the onset, the Centre for Responsible Governance maintained that justice must take its course. We insisted that competent institutions should be allowed to examine the issues without political pressure or sensationalism. The LPDC’s ruling has now clearly shown that the allegations had no foundation,” he said.

The CRG spokesman further stated that the decision reinforces the sterling reputation of the Deputy Speaker, who has over the years built a distinguished profile both as a legal practitioner and as a legislator.

“Honourable Benjamin Kalu is a respected member of the Nigerian Bar and an accomplished lawmaker. Attempts by some individuals to impugn his reputation through unfounded allegations were unfortunate and unnecessary.”

CRG also condemned the actions of certain civil society groups that were quick to demand that the Deputy Speaker step aside from office even before any formal determination had been made by the relevant authorities.
George described such calls as premature and irresponsible, noting that they contributed to the politicisation of a matter that required sober institutional review.

“It is disappointing that some civil society organisations rushed to demand that the Deputy Speaker step aside without allowing due process to run its course. Advocacy for accountability must be guided by facts and fairness, not by sensational pressure.”

The organisation also criticised what it described as the role played by some political actors from the South East who allegedly sought to exploit the controversy for narrow political interests.

According to CRG, it is troubling that certain politicians would attempt to undermine one of their own for short-term political advantage.

“It is even more disturbing that some political actors from the South East appeared eager to weaponise this matter in an attempt to bring down one of their own for cheap political gain. Such actions weaken collective political progress and erode the spirit of solidarity required for national development.”

CRG therefore called on Nigerians to learn from the episode and reaffirm respect for institutional processes and the rule of law.

The organisation stressed that public discourse must be guided by evidence, fairness and responsible engagement rather than rumours or politically motivated campaigns.

“The lesson here is simple: allegations must be tested by competent institutions before conclusions are drawn. Nigeria’s democracy will only grow stronger when due process is respected and reputations are not casually destroyed.”

CRG concluded by congratulating the Deputy Speaker for maintaining calm and dignity throughout the controversy, noting that his composure reflected confidence in the justice system.

LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

@The Centre for Responsible Governance, Email: [email protected], Instagram: crgngo6, Twitter: crgng06, Threads: crgngo6

Continue Reading

Politics

Obasa Appointed to CPA African Executive Committee

Published

on

Obasa Appointed to CPA African Executive Committee

 

The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Ajayi Obasa, has been appointed as a Sub-National Representative to the Commonwealth Parliamentary Association (CPA) African Executive Committee.

 

The announcement was formally conveyed through a letter from the CPA Africa Region, which was read on the floor of the Assembly by the Clerk, Mr. Olalekan Onafeko, on Tuesday, March 10. The appointment confirms Speaker Obasa’s three-year tenure, spanning 2026 to 2029.

 

Lawmakers took turns to congratulate Speaker Obasa, praising his devotion to parliamentary service and his consistent efforts to strengthen legislative practice. They described his appointment as a recognition of his hard work and a reflection of Lagos State’s growing influence within the Commonwealth. Members noted that his achievements continue to bring pride not only to Lagos but to Nigeria as a whole.

 

In his remarks, Speaker Obasa expressed gratitude to his colleagues for their support, urging them to remain steadfast in prioritizing the progress of the Assembly and to continue working collectively to advance the legislature. He further directed the Clerk to send a formal letter of appreciation to the CPA African Region for the honour bestowed upon him. “Let us always put the House of Assembly first and never relent in our efforts to move the legislature forward, ” Obasa concluded.

 

The CPA African Region plays a pivotal role in advancing the interests of African parliaments within the Commonwealth. It is widely recognized for promoting gender equality, women’s empowerment, respect for human rights, democracy, and good governance across member nations.

Continue Reading

Politics

TINUBU RENEWS TENURE OF THREE PERMANENT SECRETARIES

Published

on

Governing Through Hardship: How Tinubu’s Policies Targets the Poor. By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com 

TINUBU RENEWS TENURE OF THREE PERMANENT SECRETARIES

 

President Bola Ahmed Tinubu has approved the renewal of tenure for three Permanent Secretaries in the Federal Civil Service, in line with existing public service regulations.

The approval was disclosed in a statement issued by the Office of the Head of the Civil Service of the Federation, indicating that the renewed appointments will take effect from April 27, 2026.

The affected officials include Kachallom Shangti Daju, Permanent Secretary in the Federal Ministry of Health and Social Welfare; Beatrice Jedy‑Agba, Solicitor-General of the Federation and Permanent Secretary in the Federal Ministry of Justice; and Mary Ada Ogbe, Permanent Secretary in the Federal Ministry of Regional Development.

According to the statement, the renewal represents a second and final four-year tenure for the officials, in accordance with the provisions of Public Service Rule 020909, which allows Permanent Secretaries an initial four-year term with the possibility of a second term based on satisfactory performance.

The Head of the Civil Service of the Federation, Didi Esther Walson‑Jack, congratulated the Permanent Secretaries on their reappointment and urged them to see the renewed mandate as a call to greater dedication and excellence in service delivery.

She further encouraged them to deploy their experience and professional expertise toward strengthening governance and advancing national development.

The statement was signed by Eno Olotu, Director of Press and Public Relations in the Office of the Head of the Civil Service of the Federation, and dated March 6, 2026.

Continue Reading

Cover Of The Week

Trending