27th July, 2020
Reports making the rounds reveal that popular media personality Toke Makinwa’s Banana Island home has been allegedly repossessed by AMCON.
Asset Management Corporation of Nigeria (AMCON) is a body established by the Act of the National Assembly of Nigeria on July 2010 with an intended 10 years lifespan.
Fans on Twitter reacted, stating that the home was reportedly bought for her by Festus Fadeyi, The Chairman, Pan Ocean Oil Corporation, an indigenous oil and gas company.
AMCON was created to be a key stabilizing and re-vitalizing tool aimed at resolving the non-performing loan assets. Read reactions below…
Here’s why people are talking about Toke Makinwa today! pic.twitter.com/rJXpxPkrhx
— Naija (@Naija_PR) July 27, 2020
When Festus's wife tries to ask him about Toke Makinwa's house👀 pic.twitter.com/lJRumCj5L5
— Efeee (@LilMrSugar) July 27, 2020
AMCON to Toke Makinwapic.twitter.com/lMEBLql4F7
— Premier (@SodiqTade) July 27, 2020
This is the part where all these Twitter feminists rally around Toke Makinwa to help buy her another house in Banana Island. Amen?😂
— Omoniyi Israel (@__Omoissy) July 27, 2020
Which of your daddies bought house for Toke Makinwa on credit and now AMCON has repossessed the house?
— Daddy D.O🇳🇬 (@DOlusegun) July 27, 2020
Toke Makinwa story should be another reason for anyone to pause and think a while, before shouting "God when" everytime! “Isale oro ole gbin”
— Yakuza Of Ibadan 🏝 (@UncleAbiodun) July 27, 2020
AMCON took over Toke Makinwa‘s 'house’? Baby girl should have put her name on the property yo😭
— Gift 🖤 (@Giftama_) July 27, 2020
Toke Makinwa: "Hardwork gave me all I have today"
If na by handwork i for dey Canada. I for no dey site dey hustle 2k
She broke shamed men. Now they've collected the house a married man gave her in Banana Island. 08056684225 Toke call this no, they have cheap selfcon in Ikorodu
— Chlorpheniramine 🇳🇬 (@VictorIsrael_) July 27, 2020
So it’s Festus Fadeyi! Interesting. I remember his children called out Toke Makinwa few years ago to leave their father alone. That the man was spending a lot of money on her while being heavily indebted to Skye Bank. Kai. Men are Scum.
— Sola (@Advsola) July 27, 2020
Landlords in Ikorodu when Toke Makinwa comes to price 1 room selfcon pic.twitter.com/cfxNW0sCVl
— Neymar PR (@BagOfNuts_) July 27, 2020
Toke Makinwa was out here last week telling us marriages should have expiry date and should be subject to renewal clause after a number of years not knowing her house on Banana Island has expiry date with AMCON but not subject to renewal clause.
— Retired Sinner Boyfriend Dorathy #BBNaija (@R_Thobykov) July 27, 2020
Asset Management Corporation of Nigeria is a body established by the Act of the National Assembly of Nigeria in July 2010 with an intended 10 years lifespan. The concept is in consonance with the operation of the National Asset Management Agency of the Republic of Ireland and Malaysia Pengurusan Danaharta.