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Here are AMCON’s top 100 chronic debtors


The Asset Management Corporation of Nigeria has released a list of 100 of its chronic debtors with unpaid loans totaling N953.43 billion – and many prominent Nigerians who are directors of the indebted companies feature on the list which is like a parade of who’s who.

From moguls to thinkers, tycoons to bankers and big time farmers, the list of AMCON’s debtors is mind boggling as the biggest loan is over N160 billion (Seawolf, with Uwamu Adolor, Okunlola Remi, Rasheed Mahey Rafindadi, Wessels Alwyn,
Odulami Remi, Wazirir Ibrahim Dahiru, Oduntan Adetunji as directors), and the least is N2.26 billion (Tuns Farms Ltd with Alh. Olatunde Adekunle Badmus, Mr. Joseph Zopy, Abdul Rahman Olalekan Badmus
Rofiat Busola Badmus, Tuns Int’l Invest. Co. (Nig) Ltd as directors).

Some of the well known figures on the list include :

  • Ifeanyi Ubah
  • Wale Babalakin
  • Rosemary Osula-Mku
  • Albert Okumagba
  • Anyiam Osigwes
  • Buruji Kashamu
  • Henry McPepple
  • Oyewole Fasawe
  • Nasir Ado Bayero
  • Gbenga James
  • Reuben Famuyibo
  • Annie Okonkwo
  • Hakeem Belo-Osagie
  • Fola Adeola
  • Ahmed Dasuki
  • Tunde Folawiyo
  • Rasheed Gbadamosi
  • Olatunde Badmus



Here is the full list…Click Here


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