Minister of the Federal Capital Territory, Nyesom Wike, urged the management of the Asset Management Corporation of Nigeria (AMCON) not to relent in taking decisions and ensure that they are firm.
Wike, who spoke Tuesday when a delegation from AMCON, led by its Managing Director, Mr. Gbenga Alade paid him a courtesy visit, assured his guests that the FCT Administration was willing to support AMCON to enable it to succeed in its mandate.
The FCT Minister, who also noted that there were challenges before the AMCON, stressed that tough decisions were required to address the challenges
He said, “Mr. President believes in you. He thinks you can make a difference. For every opportunity you have, say that this was my contribution while I was there. It’s very key. This country must succeed.
“You were brought there because there are challenges. If there are no challenges, nobody will appoint you. There are challenges for you to solve”.
Reflecting on his equally challenging experience as the Minister of the FCT, Barrister Wike stated that the journey has not been easy but reaffirmed his determination to also succeed.
The FCT Minister regretted that government decisions were being viewed through ethnic and religious prisms but stressed that a leader must step on toes in order to succeed.
He recounted the challenges in land administration in the FCT, an area that he said was mired in corruption, but said he was in the office to change the narratives.
He said, “We have a problem in land administration. That is the place where we see corruption. People think that you are coming to share land when they appoint you as FCT Minister.
“That is the only thing you see here that as the Minister of the FCT, your business is to preside over land allocation—no other job; no infrastructure, no education, no health. You come to the office; everybody is land, land, land. Nothing more.
“So, when you have come to make changes, it becomes a problem; they will call you all sorts of names….We can’t continue in that way. Somebody must have to take the bull by the horns. That’s all about leadership”.
“You may not be right all the time, but you must take a decision and be firm, and that’s the only way this country can survive,” the Minister stressed.
Earlier in his remark, the MD AMCON said they were on a visit to pay homage to the Minister of the FCT.
Giving insight into the history and functions of AMCON, the MD said the agency was created by the Federal Government in 2010 to stabilize the banking industry, which was shaky and struggling with a large stock of bad loans.
He said the Federal Government founded AMCON to take over the bad loans from the banks, administer the loans and all the assets underlining them, and manage them on behalf of the Federal Government.
The MD acknowledged the giant strides recorded by the FCT Minister in infrastructure development.
Present during the visit were the Ag Head of Service FCTA, Mrs Grace Adayilo, the General Counsel, Barrister Salman Dako, the SSA on Administration, Dr. Samuel Atang, the SSA on Legal and Multilateral Cooperation, Barrister Benedict Daudu, the Director, Lands Administration, Mr Chijoke Nwankwoeze and the executive team of AMCON.
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