Nigeria: AMCON Saved 90 Percent of Job Losses in Banking Sector - Chike-Obi

19 November 2012

Lagos — THE Asset Management Corporation of Nigeria, AMCON, weekend, said its intervention in the banking sector saved 90 per cent of employees that would have lost their jobs in the banking sector.

The corporation also decried the adoption of due process and bureaucratic process of getting things done in Nigeria, saying: "Despite the implementation of massive bureaucracy, corruption has not declined in the country."

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