LASACO Shareholders Approve 5k Dividend, Praise Management

-

Shareholders of Lasaco Assurance plc have approved the payment of 5k per unit of share for the year ending 31 December, 2019. They took the decision on Tuesday, 15 September, 2020 during the 40th Annual General Meeting (AGM) which took place at Oriental Hotels, Lagos. The approval to pay the dividend was taken sequel to a motion moved by the acting Chairman of the AGM, Engineer Sani Ndanusa which was supported by Mrs Bisi Bakare. The approval was granted by 288 shareholders who voted by proxy and 13 shareholders who were physically present at the venue of the AGM. Engineer Ndanusa presided over the event as acting Chairman in the absence of the erstwhile Chairman of the company, Mrs Aderinola Disu, who resigned shortly before the AGM. Addressing the gathering, Engineer Ndanusa heaped praises on the Derin Disu led management saying that her tenure brought positive and remarkable changes to the company. "Mrs Disu really performed well and her tenure brought about remarkable changes to Lasaco. "It was during her time that Lasaco started paying dividends. During her time, staff welfare improved remarkably and during her time, the equity of the company also improved. "It was also during her time that Lasaco built a befitting headquarters that can compete with any of its contemporary in Nigeria and beyond, and she did a lot in the rebranding of the company. "We are saying thank you to Mrs Disu for her service to this company," he said. Shareholders at the meeting also reelected both Engineer Ndanusa and Otunba Akin Doherty as directors of the company while Mr Mathew Akinlade was elected as the Shareholders' representative at the Statutory Audit Committee. The shareholders also voted to authorise the Directors to fix the remuneration of the Auditors.

Comments

Post a Comment

Popular posts from this blog

OGUN CDA BILL SCALES SECOND READING IN OGUN ASSEMBLY

-
Image
The proposed Community Development Association Law, 2020, when passed by the Assembly and eventually signed into law by the governor, would institutionalize the activities of CDAs in Ogun state  with a view to developing a uniformed constitution  for its operation with clearly defined roles for the relevant government agencies in the administration of the associations. Opening debate on the bill titled: “H.B. No. 044/ OG/2020- A Bill for a law to provide for the registration of Community Development Associations and for the Matters incidental thereto and connected therewith”; the Minority Leader, Hon. Ganiyu Oyedeji underscored the need to have a legislative framework backing the operations of CDAs, to help  promote efficiency and accountability in its operations.   Lawmakers who contributed to the debate on the bill at the plenary included Honourables Yusuf Amosun, Soneye Damilola and Balogun Akeem said that the bill would help in harnessing more resources by the CDAs, especially from
Read more

Ooni Condemns Incessant Rape, child Abuse as Ife celebrates Yeyemolu festival

-
Image
The Arole Oduduwa & Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi Ojaja II has condemned incessant rape, child abuse and other forms of molestation particularly against women in the society. Ooni Ogunwusi made the disclosure on Friday, during the annual Yeyemolu festival; which is the remembrance of the first queen of the Ooni of Ife, at his Ile Oduduwa Palace, Ile-Ife. The frontline traditional ruler while explaining the indispensable roles of women in the society, admonished that they should be respectfully protected from all social vices towards creating a better society. “Women must not be made prey in the hands of hoodlums and other disgruntled elements in the society. It is heartbreaking to read the multiple crimes being committed against our women and children today especially rape. “All hands must be on deck to ensure that our society is safe for all and equally condemn all forms of immoralities. Women are so unique in nature that anything you give to them, they multiply it. “G
Read more

HON. IDRIS BOLAJI MUSE ARIYOH COMMISERATES WITH FATOKI FAMILY

-
Image
Oshodi-Isolo Local Government Chairman Hon. Idris Bolaji Muse Ariyoh commiserate with the family of the former Mandate Chairman in Oshodi-Isolo Local Government Elder Albert Babasola Fatoki who passed on today, 10th January 2021 at his residence in Whaabi Larinde after a brief illness.  In a condolence message signed by him, he described the late as a leader, father, an astute politician, and a community leader who spent his life in the service of humanity and his community. He described the exit of the political icon as a great loss to the entire Oshodi community, Ogunoloko ward, and  most especially the All Progressives Congress whose immense contribution to its success in all the elections cannot be over-emphasized.  He prayed Allah  grants him eternal rest and give the family, his friends, and associates the fortitude to bear the irreparable loss.
Read more