Nigeria, March 16 -- The Asset Management Corporation of Nigeria (AMCON) says over Asset Management Partners (AMPs), who are not able to recover debts from 6,000 accounts valued at over N740 billion may be disengaged.

The managing director of the corporation, Ahmed Kuru, said AMPs that have the aggression and zeal to cope with the speed and enormous challenges associated with debt recovery may be assigned more accounts.

"We know the jobs we have assigned to you is not easy. Recovery is a difficult job. But even at that, a few of you (AMPs) have shown they cannot cope. We may have no choice than to disengage such partners.

"But those that have done well, we will upgrade and even assign more responsibilities to such partners. There is in...