Sale of polaris bank sale will begin after election amcon

It appears that you are referring to the sale of Polaris Bank, a Nigerian bank, which is expected to take place after the upcoming election.

According to reports, the Asset Management Corporation of Nigeria (AMCON) has announced that the sale of Polaris Bank will commence after the 2023 general elections in Nigeria. This is because the election is expected to take place in February and March 2023, and AMCON wants to avoid any potential disruptions or controversies that may arise from the sale during this period.

Polaris Bank was taken over by AMCON in 2016 after it was deemed insolvent. Since then, AMCON has been working to revamp the bank and make it attractive for potential buyers. The sale of the bank is expected to be a major deal, with several interested parties already showing interest in acquiring the bank.

It's worth noting that the sale of Polaris Bank is subject to regulatory approvals and other conditions, and the exact timeline for the sale is yet to be confirmed. However, it's expected that the sale will take place in the coming months, with AMCON aiming to complete the process by the end of 2023.